I finished my graduate program in December 2015 and started my full time job in January of 2016. Before 2016 I had 1 checking accounting and 1 savings account (that got .05% APY). Now I have a savings account with 1% APY, a Roth IRA, Simple IRA, and 2 taxable brokerage accounts.
I had two part time jobs and I didn't take a single penny from one of them (I worked there 2 years) and with a little help from financial aid and my mom, I was able to pay off any student loans with that money before incurring any interest.
I have zero credit card debt. I had to buy a new car in March 2016 (old one broke down, engine was shot. Would have been thousands to fix probably). I put $6,500 down and my monthly payments are under $200 a month (0% interest for the life of the loan).
I used this year as more of a learning experience to truly saving money and being smarter with it and I still managed to more than double my net worth.
I am 25 in case you are wondering.
Submitted January 06, 2017 at 10:19AM by linkrules2 http://ift.tt/2i0t2jq
