As the title states, I was left an inheritance that ended up totaling about $150k and I received the final disbursement last fall.
My expenses for the past 5 years have included: paying for college completely out of pocket, rent, car insurance, health insurance, a used car because my car was totaled right before the first disbursement, and paying off loans from the time I was in school before I received the first disbursement. Until last August, I had been living beyond my means because $10/hour doesn’t pay the bills and I couldn’t afford to work more than 30 hours a week since it would affect my grades. Now I have two jobs (one is remote) that pay more and I can afford my bills.
Problem is, I haven’t invested a dime because I wanted access to the money for school and bills. I also have no idea how to invest beyond thinking about real estate or knowing stock portfolios exist (but not knowing how to implement or maximize them). My aunt has a financial advisor that I spoke to last year but he told me to finish school and then talk to him. Now that I’m close to finishing school, what should my first steps be?
Submitted March 31, 2018 at 10:41AM by CakeByThe0cean https://ift.tt/2GIlz5K
