To wonder how they have so much money? Or is it just social media?

[Spice22]

I understand how older people have money ; they work for it. But I'm just puzzled by how people my age (and younger!) have so much? I'm in my early twenties.
Whenever I go into Instagram or snapchat, I am sure to see lots of pictures of people "popping over to Australia" or beaming with pride because they just a bought a Range Rover. I am not exaggerating!
Don't get me wrong, I'm not envious - though I am jealous of course. I don't blame them at all for the pictures/posts because I would/probably will when i acheieve these things too. I just don't get how they can do this at 17-24 ?
It's small stuff like eating out twice a week, multiple designer handbags a year, to large stuff like new cars and long distance holidays multiple times a year. How??

I know some these girls have 'blessors' but not all. Anyway, I'm just wondering if you guys know people leading such lives and how they do it ?

Credit cards OP. If these people aren't from wealthy families and don't work in well paying jobs then they use credit.

They will regret it.

Agree, credit. Which isn't inherently a bad thing in all cases - we lease our car as it works out well for us for example - but there's a lot of fakery.

No, I don't know anyone is their early twenties who lives like this, nor do I know any women who have "blessers" . Which i assume is a man who pays for sex with them?

Yep, credit. I know families who do this. They look around and wonder why they can't afford other things down the line.

Credit, or a very wealthy daddy. It's that simple. Op do not believe everything you see on the Internet!

I wouldn't feel blessed to be prostituting myself

Never heard the word 'bless or' before.

It's not always credit.

Young person living at home and getting all their job income money as spending money? Some parents don't charge rent etc so those youngsters had zero outgoings.

Also there'll be some 18 year olds who suddenly get access to a savings account in their name. (not sure that Child Trust Fund started earlier enough for that, but other savings) and they're just burning through it not saving it.

If you are 17-24, live at home, have a job and only pay a token rent which includes all your food and bills, then it is pretty easy to eat out twice a week. You won't have any savings and will be screwed when your parents get fed up of you and encourage you to move out and pay your own way at market rates, but your Instagram and social calendar will have looked good for several years. :-)

I wonder this too. My work collegues ( mid 20's) all tend to nip out the office at lunchtime and buy M&S meal deals, sushi etc. We are not in particularly well paid jobs! One of them has just bought a house so not a case of still living with parents. On a fri eve after work they all go out drinking and often for a meal and have numerous weekend breaks and holidays abroad. I don't know how they do it ! Another one with 3 young kids, both her and dh in low paid jobs and they always have at least one foreign holiday a a year. There must be something I'm missing !!

My younger sister is like this. She's off on holiday 4 times a year, new car every year. She's 24, earns £31000 as an entry level graphic designer, still lives with my mum paying £200 a month keep.

I think you've got envious and jealous mixed up op?

My guess is always credit, family support and/or low living costs.

There is one I follow on IG who is early 20s, married, fabulous blog and seems filthy rich. Huge house in a very expensive area, lots of very expensive holidays etc. I get the impression she is from a wealthy family and I strongly suspect her dh is too. There's no way a 23 yo could afford a million pound house without a lottery win or a huge inheritance.

Credit cards, loans, car finance, leasing cars rather than buying etc. etc.

There is a window of time in a lot of people's lives where their income is reasonable - not high, but reasonable - and their expenses are low (probably still at home with parents or at least working full-time with no DCs to pay for). During this time, with a decent amount of disposable income on paper, it can be quite easy to get credit.

In 5 or 10 years time when they are still trying to pay off the loan for that Range Rover, whilst paying a mortgage and nursery fees with possibly a lower combined income, as many parents will return to work part-time, things might be different.

Methinks credit or Bank of Mum & Dad.

A lot of young people with jobs still live at home and pay their parents little or nothing for their keep, meaning they have all their wages, which can be £1k+ per month as spending money.

But they may sell on some of the handbags etc after a while and buy second hand too. For holidays, a trip for one person in term time is obviously a fraction of the cost of taking a family away in the school holidays, so not quite as expensive as you imagine.

Obviously there may also be credit cards or other sources of income, so even with comparatively large amounts of free cash, they can still be getting into debt.

I've never been so cash rich as when I was 23. I earned £35,000 (starting salary on grad scheme), as did then DP (now DH). We lived together in a cheap flat. We had loads of spare cash for eating out/holidays etc!
We're skint now we have 2 pre school age children and I'm a SAHM

Double income, no kids!

I often wonder the same thing. I've known plenty of people who are younger than me and who I know earn less, do things like buy a new flat and keep the old one to rent out, buy a new car, or spend 10K on a new bathroom. When I would consider those things totally unaffordable. The explanation must be that it's money from parents - or massive debt somehow.

I don't do social media though (apart from twitter for work) because all the endless showing off does my head in. I don't think it's jealousy, I just find it depressing. ExP used to show off our stuff/holidays and I hated it.

pinacolada oops I might have. I'm the one which admires what people have and would like it too but I'm still happy for them.

Those saying credit; maybe they do. Just never thought they (the ones that I know personally) would get themselves into debt but then I guess I only know what they tell me.

A blessor is basically a sugardaddy - someone who takes you trips to accompany them for business or as 'treats' etc. You may or may not sleep with them - I guess it's up to the couple.

I have to say I do think it should probably the living at home and keeping your money factor. But would they still have so much disposable income to what I've listed in my OP ? Hmm well this is gives me hope I guess (though I'd like to save for deposit if I can).

Several possibilities:
Wealthy parent
Live at home and pay no rent so all income is spent on this stuff.
Credit cards.
Fakery and bravado.
Income from a dubious source e.g. Internet videos/photos with either soft porn or fetish content.

Blessers?

Even living with a partner can give loads of spare cash if you have cheap housing and two incomes with no kids.

I know of people in that age bracket that live the life you describe. They work hard. Some for family business and some got lucky/ made good decisions.

I'm pleased for them. Obviously if they wanted to take me away that would be a bonus.

Someone I once knew appeared this way. Always driving flash cars, got a new house and totally gutted it, expensive bags etc. Then it turned out she was up to her eye balls in debt! It's sad that things like social media make people feel they have to do that.

A young couple both earning even entry-level graduate salaries could be bringing in £50K or more a year between them. Rent and bills shared, leaves hundreds of pounds of disposable income a month. Plus credit, which doesn't necessarily mean putting everything on the never-never and regretting it later: car loans and furniture loans mean you can have expensive stuff and be paying it off at relatively little a month over a period of years.