I bet there aren’t that many 20-somethings who have money saved up, even if they have a good job. I was shocked to discover that that a single man (no kids) I knew who was in his thirties and had been making close to 100k for at least 5 years had debt and no savings. Crazy! He should have had a ton saved up, particularly since Dad paid for his education and living expenses. His salary all went down the tubes maintaining a lifestyle beyond his means. He is not alone….