Wealth to me means not just surviving, but thriving. Any amount of money can be considered having wealth depending on the ways in which that money is being budgeted. So long as one can afford to pay for their necessities, while managing enough room for savings and personal expenses, I would consider that sign of wealth.

I would encourage students to save by exploring potential lifestyles that can suit their budgetary restraints while leaving enough room to begin savings. A big problem I believe that students don't save more is because they have lifestyles which don't leave the room for putting away savings. Exploring how to live more efficiently and frugally with their income while still supporting a desirable quality of life I feel could be a path forward to help students consider their savings.

I think it's important for students to begin thinking about putting money into savings for safety and to accumulate interest. Getting into the habit early will be a big boon in the long run, yet I see very few people my age setting aside any of their monthly income for savings in this way.