>There's no reason you can't spend some money for experiences in your 20s and also save a good deal for compounding interest in the future. Well in my scenario

>There's no reason you can't spend some money for experiences in your 20s and also save a good deal for compounding interest in the future. Well in my scenario (and that of most of my peers/siblings) income is low and cost of living is a large % - you don't have a lot of discretionary funds to manage so it usually is one or the other.