Think back to your early 20s. Maybe you’re graduating college . . . celebrating with a new car, trips, and pimping out your place. You haven’t landed a real job, and the student loan bills haven’t started showing up.
So this isn’t shocking: A new study has found that, on average, we hit our peak financial recklessness at the age of . . . 22.
While they zeroed in on that age, most people said they didn’t think about their finances or budgeting enough when they were younger . . . and that they were 25 before they started “growing up” in terms of handling their money.
But by that point, some people suffer dings to their credit score. The average respondent hit their credit score low point when they were 27.
58% said they don’t think they would’ve EVER gotten their money in order if it weren’t for having a “rude awakening” . . . things like having a child, being cut off from their parents, or applying for a home loan.
Or, you know, the pandemic. 45% of people said last year was a financial rude awakening for them.
(SWNS)
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