Hi everyone. I have a stable security job at the moment. I have no savings, no retirement fund, no 401k, no stocks (don't understand how they work). I need help or resources. I'm turning 30 in 4 months and I have worked for 12 years with next to nothing to show for it. I have no higher schooling or high debt. I have a 2012 Honda that I'm upside down in. Pre-Pandemic it was worth $4000. I still owe 6700$ on the car. It's reliable and gets me around. My car is the only major debt that I currently have.
What should I do? I don't want to end up like my grandma. A caregiver for 53 years, with no retirement or 401k. She only earns 1.1k a month on social security disability, unable to work. I don't want to end up like her. I take care of her a lot, most of my money ends up paying for stuff for her, getting her things she needs, etc. I cannot end up like her because she's been in a lot severe depression for many years due to finances.
What can I do or what resources can I get to save enough for a retirement fund, or a 401k, or a Roth IRA, to ensure I have a future?
Thank you.
Please keep comments respectful. I'm trying to learn here. My parents never taught money management or anything. I'm learning from YouTube many days just to be able to get by.
Submitted January 04, 2022 at 08:09AM by babysloot69 https://ift.tt/3ESnxdQ
