23 year old university senior living at home until I graduate. I work part time and don't have any debt. While my main focus is my studies, I don't want to be negligent about my finances. I have an investment account through acorns that I deposit $5 a week into as well as all my spare change. I have a Roth IRA that has nothing in it so far. And lastly a regular checkings and savings through my bank.
I know that a rule of thumb is 50/30/20 for splitting up your budget. 50% utilities and rent, 30% daily expenses, 20% savings. Since I don't have rent that frees up more for other uses. What I can't figure out is how much do I stick in my savings account in my bank, and how much do I put in my IRA? I'm not questioning my investments only because it's set up to run itself in the background so to speak.
Any advice or tips?
Submitted August 19, 2017 at 03:13PM by Jawline_For_Days http://ift.tt/2vbS7Li
