Hey guys/gals fairly new to reddit at least as far as not just scrolling through and reading. I’m currently in a position where I live at home with no monthly bills. My family has never been super rich nor super poor but they really have never been good with finances. This is especially true for the saving aspect. I’m pretty financially illiterate due to this and new to the forum, but I’m looking for some beginners tips and opinions on where I should focus my cash flow right now.
I work 48 hours a week at 2 jobs currently. One is $12p/hr for 40 hours a week and the other is at $18p/hr for 8 hours a week.
I have roughly $5,000 in savings currently
I have no debt what so ever. I attended college and have a diploma and it’s all paid off.
I have 2 vehicles that are older but are paid off and get me where I need to go.
I just got a discover card with a $500 limit to start building credit. I pay it off weekly and use it for gas and food.
Currently I am putting back $250 dollars weekly into to savings for future emergencies and the eventual house payments.
I could definitely quit wasting so much money on food and hobbies and that is what I plan to do starting this week. Is there anything I should be putting my savings towards or investing at this early?
I apologize if this isn’t the best way to format all the details but I will answer any additional questions anyone may have.
Submitted March 14, 2018 at 03:37PM by Gutzar http://ift.tt/2pdJHCd
