Right age to start saving?

on Aug 19, 2013 , 11:02 am
I have just finished my college and I would be soon taking up a job, though I would continue doing my Masters along side. I am quite confused whether I should start saving right now or wait for sometime when I am earning good money.

While my parents and relatives keep telling me that early 20s is the right age to get into the habit of saving money, my friends and I personally believe this is the time to splurge and enjoy life spending wherever you feel like. What's your view on this? Please advice me and help me come out of this dilemma.
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