If you’re in your 20s, your net worth is basically a bag of crisps and a student loan. The average is around £9,000 to £10,000, but that’s mostly because some people have already bought a flat with a 5% deposit and a prayer. Meanwhile, you’re living off baked beans and wondering if your “savings” in the 50p coin jar counts.
Your biggest asset is your future earning potential, which sounds fancy but means you can still nap on the sofa without worrying about equity release. If you’ve got a pension pot worth three digits, you’re basically a financial wizard.
The “I’m Saving For A House” Dilemma
This is the decade where you pretend Avocado toast is the enemy of your deposit. You’re probably renting a shoebox in a shared house, and your monthly disposable income goes on Deliveroo and a single train fare to Zone 1. The average 25-year-old has about £2,600 in savings, but let’s be real—that’s just the overdraft limit.
Don’t panic. The 20s are for building habits, not fortunes. If you’ve got a tenner in a Help to Buy ISA, you’re ahead of the person who spent it on a round of shots.
