Let's assume there are 2 people "Sam" and "Matt" both are 24 year olds with similar personalities (Kind, humorous, friendly) but different upbringing and life experience....

Sam is from an upper middle class family, was an average student through out his life. he dropped out of a local college where he was studying computer science and starts free lancing and day trading with money borrowed from his parents. By 24 He earns well above the average of the people of his age and eventually returned the borrowed money from his parents. He spends money liberally on somethings he likes but he still plans carefully about spending, saving and investing his money. He plans on setting up a business soon.

Matt is from a poor family, he studied hard and got into a very prestigious college, where he chose to study business administration. He graduates with high grades but fails to get high paying job due to the situation in the job market so he takes up an average paying job. By 24 He earns average for the people of his age. A part his income goes to pay his student loan from college and he avoids spending money on non essentials. He is saving up money to go for higher education.

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