I am 30 and have 3 grand savings

[cessi]

I've just checked all my accounts I have took away the total I have from credit card debt which leaves me to £3400 savings how am I doing for a 30 year old

Throughout your life there will be people better off and worse off than you.
And you have to realise that comparing yourself to others is futile. Do the best with what you have got.

No the mortgage is seperate as it's not my money my parents are putting money towards it I say 50% as I think am getting. House around £200,000 just an estimate I don't have any children

Not really, no, but it's a start!
You say you've had a good lifestyle so I'm presuming you're not on the breadline/ hand to mouth and have had enough income to save. But 3k - that's the equivalent of just £300 per year through your 20s. Even if you'd put away just £100 pcm for the last 10 years you'd have at least 13k by now.
You say you have 'half a mortgage sorted' so I presume you're being gifted which makes you very lucky. If I were you I would pay off the debts, draw up a budget and start saving as much as poss per month. And aim to have a separate out of about 3 month's wages as an emergency fund, something many of us have learned the importance of during this pandemic.
*all of this is presuming you're not on min wage/ living in poverty.

Thankyou for everyone that's posted it's been very helpful it has made me want to save more

tbh it sounds as if you've been expecting the money from your parents so haven't tried to save yourself. If you've saved 3k in the last 3 months due to lockdown that shows your earning/ saving potential.

If you haven’t already put as much as you can afford towards your house deposit in a LISA. The government give you 25% back towards a first home. The maximum you can save is 4K per year meaning they give you 1K for nothing.

I think you need more savings behind you. Especially if you are looking to be a home owner soon. I have a home by myself and it can easily start chipping away at your savings when you need maintenance and emergency jobs done. A new boiler, washing machine or roof job plus emergency repairs on your car could easily wipe three grand away.

Really do all you can to save for your future and earn extra money. If I’m honest, I would have been really uncomfortable with that level of savings and debt at 30, particularly without children or a home to factor in.

I have never expected it from my parents I have 2 sisters n and parents done the same for them at the age of 25 I have never talked to it abt my parents that's why I moved out and renting then they mentioned it to me during lockdown

Three months salary is the minimum you need so if it less than that - not good. More than that - excellent

It sounds good, and seems to be making you happy about things.
Not sure about the credit card thing, I have never had a credit card in my life.

I think it entirely depends on what your pension situation is like? From the sounds of it you need to up your savings game overall though.

In terms of comparisons you're probably better off than the UK average 30 year old but that doesn't say much at all when people are tend to be dysmal about their finances. Compared to me (32F) and my friends then you're really, really behind. My brother is 24 and has 10k saved but then again he still lives at home so... It's all about life choices!

I'm 29, 4k in savings (but earmarked for house repairs), own our house (mortgage), 3 kids, car on finance, no other debt.

It completely depends on where you want to be in life and where you are coming from.

I have spent or wasted (depending on how you look at it) quite a large amount of money travelling. No regrets.

I am now in my 30s and prioritising paying off the mortgage and saving. I don't really value material things so I make sure the money I do spend is on things I care about.

No one can tell you how well you are doing, only you know what your own priorities are. I do think that everyone who is able should strive to have 6 months expenditure in an easy access account.

I'm early 30's and have a mortgaged flat with £100k equity and about £5k in cash savings.

Just 6 years ago I was divorcing with £0 equity and £30k of debt.

Life changes and has its ups and downs. There is no normal.

So what is 50% of the mortgage? Is that included in savings?

More than I had at 30 and I had a little debt too. But ten years later have a mortgage house that's increased in value and a little savings. Pension via work.

It's difficult to compare yourself to others. For some if you haven't 3 properties, own car, holiday home and a high paying wage at 30 you'll have failed. Whilst others are happy with their lot maybe a rented house and a happy family but little disposable income.

You need to figure out what you want and what you think is good for your circumstances.

Also @cessi I had an amazing time in my twenties too, sometimes life experience is just as important as money. Although I ended up with a little debt it was paid off and now the mortgage is the only debt I have. I'm not doing that again but I don't regret the experiences I had.

Look at your own goals and wants and if you want to progress make a plan on how to get there.

I am the same age & have 20k in my own savings and then approx 250k in investments with DH.

However my pension is very low as we spent a long time living abroad.

I would get into the habit of moving money into a savings account as soon as you get paid. Then you can start a fund to either supplement the deposit, moving costs or furniture etc. And then start saving again to make sure you have a back up in an emergency.

We tend to operate in pools of savings - it was a mega holiday fund last year, this year it has been towards improving our house and toward the end of the year will be my maternity fund.

For comparison I’m 33, have around 280k equity in house (jointly with DH) and around 50k joint savings although that is being saved towards an extension so will be spent at some point. We had no family help so I’d say your situation wasn’t great until your parents stepped in especially as you clearly have the means to save if you’ve managed 3k just in lockdown- well done, keep going.

I was 20K in debt at 30, at 45 I now have savings, good equity in a house and a decent pension. I don’t think it matters as long as you sort yourself out eventually

Comparisons are meaningless, some people will be in a better position than you, some worse. What matters is whether you are making the best of your circumstances in progressing towards your life goals, ie buy a house.

If you are in a well paid job and live with your parents, and just spend all your money on wine, women (or men) and song, then it's shite.

If you are on NMW and scraping together to pay the rent and put food on the table, then you are doing very well.

It sounds like you are saying that lockdown has helped you pay off your credit cards due to not being able to spend as normal. A lot of people are in that position, and they need to recognise their good fortune, because many people are struggling due to reduction or loss of income and increase in cost of basics like food.

Going forward, you would be best to make sure that you keep the savings habit, so that you have money put aside to pay for annual and irregular expenses, furnishing your new home and so that you have a cushion in case of loss of income. But also make sure you do have some fun money, just a budgeted amount, after all the essentials and some savings have been taken care of.

I'm 26, have about 12k in savings and two properties with roughly 50% equity in each (circa 200k per per property). Savings will mainly go towards wedding. Appreciate I'm in a very fortunate position

I'm early 30's own 50% of my house and the other 50% is mortgaged. I have £13k savings... and I'm glad I did as Ive Just been made redundant!

42F single parent to 4 kids.

I own two properties with around £215k equity combined. Cash savings low as I spent a lot on renovations last year. But slight more than the OP. No debts.

Ok pension. I lease my car as I like to change it often and found this to be the most cost effective solution.

I'm not where I want to be in all honesty and as much as I have an ok income and no debts I feel uneasy after spanking all my cash on renovations. My goal for the next 2 years is build up savings and plan for my retirement.

At 30 I was renting
Put 20k deposit down for first property + fees+ some money for emergencies
No other debt