I am 25, engaged, and I have a very solid job. My fiancee is 27, and also has a very good job. I make around $80,000 a year, and she makes $110,000 a year. I invest around $10,000-$15,000 a year in various stocks which tend to make me money which we use to pay for all vacations. I have a pretty much brand new car, and I split rent ($1900) with my fiancee each month. My fiancee's car is also only a few years old.
Basically after after 401k contributions, utilities, rent, and other expenses, I am saving $1500-$2000 a month. My Fiancee has $14,000 in student loans, but she is going to pay that off in one large payment in the next month or so. After that, we will be saving almost $5,000 a month.
I already have $50,000 in my savings, and I really don't know what to do with it. I feel like I shouldn't have that much in my savings. We are saving up for a house, but that probably won't be for a few years. Should we continue to keep putting money into our savings until we buy our home, then essentially restart? Or is there another smarter option?
Submitted April 19, 2017 at 12:05PM by Ksn0 http://ift.tt/2omYkBS