I'm currently a student who will graduate next year. I also have a student loan which I've got time to pay off in the next 10 years. (I'm trying to get rid of it as fast as I can though) I've worked part time since my first semester and I've managed to save up a little. It's not much but I want to invest it in a mutual fund. I've also managed to get a good part time job for the summer and I'm planning to use that money for a safe investment as well (with a little set aside for personal use). But here's the thing. I'm 21 years old and as much as my parents appreciate my intentions of saving up they also want me to spend some of it. They tell me that once I'm older, I would have alot more responsibilities and the choices I have with my money now won't be the same a few years down the line. I love my parents and I'll admit, as much as I would love to spend some money on myself, I know most of it would go into buying dresses and things that aren't exactly important. My father's retirement and my brother's college admissions fall in the same year as my graduation and I intend to support them as well. I do know my father probably has plans after his retirement but I really want to take care of my family. So with the current savings I have at hand and given that I hopefully get a good job, what are the different things I can do to keep myself financially secure?
Submitted February 01, 2021 at 04:41AM by bennet00 https://ift.tt/3tanghL
