r/povertyfinance • u/k1ranell • 1d ago

Saved my first $5k at 26 pls clap 🥹 Success/Cheers

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I also have some $820 in acorns and <$1500 in a rollover IRA I have yet to move to a ROTH but putting it off for tax/wuss reasons. However, I have $772 in CC debt. But a win is a win, I can pay it off with time 😁

Gonna try to save $10k next year

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u/K__Geedorah 1d ago

Turning 30 in a few months. Got $100 is savings. Life is goooooooood. Who needs retirement?

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u/PhysicsOk4516 1d ago

Retirees!

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u/Alert_Tumbleweed3126 16h ago

Thats atrocious for a 30 year old to only have $100 saved.

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u/Saffron_Maddie 11h ago

Do you know what sub you're in?

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u/Alert_Tumbleweed3126 8h ago

The one where everyone whines about how much their life sucks? Oh wait, that’s all of them.

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u/K__Geedorah 16h ago

Just remember, a majority of Americans make $30k a year. My HALF of rent is over $13k a year. Tack on $200 a month for groceries, $50 on gas, another $500-700 a month in bills, internet, insurance, loans, etc.

I'm lucky to have $100 in my checking by the time my next paycheck drops. Plus, not every job comes with benefits or perks like 401k matching or yearly bonuses or even raises.

Paycheck to paycheck counting pennies is the norm for like 70% of people in this country.