There are a huge number of folks making high 6-figures or low 7-figures over the last decade due to tech stock growth. An entire generation of programmers has no idea what a buyers market for talent looks like. SAVE.
To save means keeping money in a low interest rate account, which lowers your short term risk and increases your long-term risk (you are not enjoying the higher returns of high-risk, high-return, investments such as stocks over the long term).
As young people, you should think long term.
If you want to minimize short-term risk in your life, then please, by all mean, save!
But be aware that there is no free lunch, and reducing risk right now will most probably reduce your opportunities in the long term.
Please take into account that I am reasoning with averages and averages are just a massive simplification of real life.
Adjust according to your own assessment of your context and situation. Don't follow random advice from strangers on the internet.
I would buy this t-shirt. This is so true. At certain points in your life you can take wild risks - eg. work for a company that has 4 months of runway and live on the co founders couch. This type of opportunity can teach you more in 4 months than 4 years at other positions. Small companies having difficulties can be a fun place to lead, fix and build. You will have plenty of years to do: 2 hour code reviews, long sprint planning sessions and write endless unit tests.