This is how much money you should have saved by 30

HOW much?

If your New Year’s resolution for 2017 is to be a little bit more frugal, then this news will definitely spur you on to fill that piggy bank to the brim (or, you know, just try to switch careers to one of the best paid jobs in the UK).

Finance expert Kelly Smith, who writes for personal finance site The Penny Hoarder, told ATTN that you should already have a fair amount saved up by the time you're 30 years old.

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‘I think the goal at any age is to get to the point of having six months of living expenses saved up. Admittedly, it’s harder in your twenties but it’s a good time to start,’ she said.

While that figure will mean different things to different people, the average cost of living in the UK per month is estimated to be just shy of two grand. So, your savings should be sat somewhere around £12,000 according to Smith's advice.

Gulp.

If you're the kind of person who finds saving damn near impossible, we hear ya. But Smith recommends that the absolute minimum amount you should have stashed away for a rainy day (read: an emergency) is £1,000.

Anyone else still feeling like they’re a little behind when it comes to, you know, actually saving money?

If the answer is yes then don’t panic: you’re not alone. The same report by ATTN states that around three quarters of millennials have way less than that put to one side, and as much as a third of millennials have no savings whatsoever. And while this is based on American millennials, we can’t help thinking that the same (probably) rings true here in the UK. We just love to spend, OK?

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So, don't be put out if your savings aren't quite up to scratch just yet. We have faith you'll get there.