Hello! New/throwaway account for obvious reasons.
I am a 24yo male living in the Midwest United States, making $58k. I have no rent (my parents have a separate place they let me live in as long as I keep it in good condition).
Because of this, I am contributing 17% to my 401k and 17% to my Roth, with 100% matching by my company up to 6% of salary. My retirement account is ~$30k.
I own my own 16 yo vehicle, and perform my own maintenance. I buy almost all of my clothes second-hand (but I think I dress up pretty well :) ). I buy almost all non-perishables at discount food/grocery stores.
I have a bachelor's of science in Computer Science, and plan to start my Master's next year.
After contributions/taxes, by my accounting, I have $29,921 in take-home pay.
I currently have a $500 limit credit card (paid off in full each month), and ~$11k in savings.
My monthly budget is $1,216. This is being very generous; I haven't yet gone a month on this budget, but plan to do so starting tomorrow.
This leaves me with about $1,184 in savings/disposable income per month. Of this, I plan to spend $100/week on the town/on dates, leaving me with $784 in disposable income.
With all of this in mind, I have the following questions:
How can I best invest this money?
Are there any lifestyle choices/habits I can or should change?
What should I do with the money?
Is there any advice that would be useful to someone in my position?
Submitted July 25, 2017 at 07:58PM by financial_questioner http://ift.tt/2v6bxFS
