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#111
08-08-2007, 09:35 PM
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Re: how much money does the average 20-21 year old have?
In summary,
I think everybody who can get out of college debt-free and clean is very fortunate. 
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#112
08-09-2007, 04:53 AM
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Re: how much money does the average 20-21 year old have?
I didn't read beyond the first few replies, but $3-5k is astonishingly beyond average for a 20-21 year old.
Something like $2.1k for your entire net worth puts you ahead of 50% of the world's population.
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#113
08-09-2007, 05:58 PM
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Re: how much money does the average 20-21 year old have?
[ QUOTE ]
I didn't read beyond the first few replies, but $3-5k is astonishingly beyond average for a 20-21 year old. Something like $2.1k for your entire net worth puts you ahead of 50% of the world's population. [/ QUOTE ] Pretty sure the thread was about students, given that it's in student life. Your point is pretty moot.
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#114
08-09-2007, 06:15 PM
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Re: how much money does the average 20-21 year old have?
Also, this thread make me feel kickass about earning 4.5k bluecollaring this summer. A lot of my friends are riding the busto line, a lot of them are trust fund babies that get to keep what they make in the summer (and not pay for rent, tuition, etc etc) Still, I estimate the average worth (that they have available to them) is ~1.5k.
I'm from a pretty affluent family and my 1st year of uni was paid for (which saved my ass from megadebt, I was broke off my ass this time last year), but now I'm pretty close to on my own. 4.6k roll, 5.7k in saving, scholarship whittled my tuition down to 3kish which I'll have to pay soon. God bless Canadian universities.
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#115
08-09-2007, 10:25 PM
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Re: how much money does the average 20-21 year old have?
less if they go to college
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#117
08-10-2007, 02:34 PM
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Re: how much money does the average 20-21 year old have?
[ QUOTE ]
Also, this thread make me feel kickass about earning 4.5k bluecollaring this summer. A lot of my friends are riding the busto line, a lot of them are trust fund babies that get to keep what they make in the summer (and not pay for rent, tuition, etc etc) Still, I estimate the average worth (that they have available to them) is ~1.5k. I'm from a pretty affluent family and my 1st year of uni was paid for (which saved my ass from megadebt, I was broke off my ass this time last year), but now I'm pretty close to on my own. 4.6k roll, 5.7k in saving, scholarship whittled my tuition down to 3kish which I'll have to pay soon. God bless Canadian universities. [/ QUOTE ] Pretty affluent family but they won't pay your 3k tuition? Or do they just choose not to?
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#118
08-10-2007, 02:39 PM
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Re: how much money does the average 20-21 year old have?
Choose not to. Partly my choice as well. Up until last year I've really had no clue how to manage my personal finances and money didn't have a whole lot of meaning as well. I have enough income and cash to do it comfortably and still be well above the student mean, so I think it's a decent idea.
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#119
08-12-2007, 05:45 AM
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Re: how much money does the average 20-21 year old have?
my parents pay for school.
they make me go. I dont want to, they force me. Dad deducts it all (or most) via taxes. He's a real tax guru. My living expenses are minimal. I'm not much of a poker player. I 8 table NL30(or 60?) (deep) 6max. This summer I'v been making good money b/c I play 2k hands a day about (during school year its more like 3 or 4k a week). Overall I am prolly worth 12-15k. I attribute this mainly to being very cheap and investing. I mean I do not buy drugs. I dont by booze. I bought a cheap car w/ my own money. I dont wear nice/new cloths. Have no GF. If I ever spend money its on my family.
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