In a world where social media often sets unrealistic standards, many young adults feel they are lagging behind. Michela, a financial educator and content creator, reassures individuals in their 20s that their financial struggles are not only common but also part of a normal journey. Through her insights gained over five years of experience, Michela highlights three key financial situations that, contrary to popular belief, indicate progress rather than failure. These scenarios—carrying some debt, managing without parental financial support, and adhering to a strict budget—are all signs that you are on the right track financially. Understanding these realities can help alleviate unnecessary stress and foster a healthier perspective on personal finance.

Much of the pressure felt by those in their 20s stems from societal expectations and comparisons. Michela emphasizes that having debt is a widespread experience for young adults. Whether it's student loans or car payments, carrying some form of debt is far from unusual. In fact, statistics show that 34% of adults aged 18 to 29 have student loan debt, making this demographic more likely to hold such obligations compared to older groups. However, Michela points out that while manageable debt is common, excessive credit card debt is less typical and should be avoided. She notes that while credit card debt isn't shameful, it’s important to recognize when it becomes problematic and seek ways to manage it effectively.

Another common misconception is the idea that receiving financial assistance from parents is necessary for success. Michela clarifies that many people do not receive ongoing financial support from their families. Instead, they rely on their own resources to navigate adulthood. For instance, graduating with student loans and living with roommates are more common experiences. Living alone in a luxurious apartment during one's early to mid-20s is not the norm; most young adults find it financially prudent to share living spaces. This reality is supported by data showing that a majority of adults between 18 and 24 live with roommates, as do about one-third of those aged 25 to 29.

Lastly, Michela addresses the perception that needing a strict budget signifies financial struggle. On the contrary, she explains that maintaining a tight budget is a practical approach for most young adults who don’t have substantial disposable income. Making a six-figure salary in your early 20s is rare, and the average income for this age group ranges from $40,768 to $59,072 annually. Therefore, sticking to a budget is a sign of responsible financial management rather than hardship. Social media often portrays an unrealistic standard of wealth, which can distort perceptions. By focusing on personal progress and avoiding comparisons, young adults can gain a more accurate and positive outlook on their financial health.

Ultimately, Michela’s message encourages young adults to recognize their achievements and avoid comparing themselves to others. Financial well-being is deeply personal, and what might seem like setbacks are often just part of the natural progression. By embracing these realities and staying grounded in the present, individuals can find peace and confidence in their financial journeys. There’s no need to feel behind when you’re actually doing better than you think.