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Hello,

I live in a European country and last October I started a new job, where I make about 90k eur a year. Almost half goes to taxes. I signed up for a pension plan where my employer contributes half of what I do (400from me/200 form my employer). My bring home is about 4k a month. My rent is 900 eur. I have no credit cards and do not owe money to anyone. I paid off all my student loans and credit cards recently. I spent about 150 eur a month for food and other essentials.

I have been dumping all my savings since the new job, to renovate an apartment back home for me to stay when I go back and visit my parents. With this almost done, I can easily save 1.5k a month and live very very comfortably. I wonder what to do next?

I would love to get a car. I will be able to travel and explore and I love mountaineering which I will be able to do more often with the car. I already have over 5k saved and with the new salary I can easily afford to pay 500 eur/month for a car and still save a considerable amount of money. I still can save 1k a month and I am up for promotion soon as well.

I want to save for eventually buying and apartment/house, but this will not happen for another few years as the property market here is atrocious.

What would you advise me to do? What should I prioritize?

Thank you very much.



Submitted August 03, 2018 at 09:21AM by theknightbg https://ift.tt/2najQe0

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