How Much Should You Save 5 Years After Graduation?

CategoryNews Briefs

In reality, it usually takes about two to three years in your first job before you realize you've been misled by your boss. By then, many campus recruits have already started, and while their salaries are low, at least food and accommodation are covered. At this stage, most people earn around 5,000 yuan per month. What really matters is whether you can control your spending habits and save money. In theory, if you save about 2,500 yuan a month, that adds up to roughly 30,000 yuan a year, or 90,000 yuan over three years. After that comes the awakening and the jump to a new job, with an average salary of around 8,000 yuan, though food and housing are no longer provided. You can still save about 5,000 yuan a month, which means 60,000 yuan a year, or 120,000 yuan over two years. All together, saving 210,000 yuan over five years after graduation is the level for most people. (If you start making big purchases like buying a house or car, or upgrading your phone and computer, the remaining savings will be much less.)
Five Years After Graduation: How Much Should You Save to Not Feel Like a Failure | Tencent News谷雨Data

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