I am 26 years old and finally making a living in the career of my dreams. I had worked at an entry level position for three years out of school breaking even financially while gaining crucial experience that ultimately helped me land a dream job that earns 100K per year, full-time with healthcare, dental, 401K, etc.
I've accumulated more than 55K in my bank account, coming up on 8 months in my new full-time position. It's not earning anything in the current account which is where all my expenses end up getting paid (credit card bill, rent, etc).
My question is what should I do with the money? My goal is to capitalize on the big margins I am currently enjoying right now (single, live in affordable midwestern city in the US, cheap rent at 1200 per month for my apartment) while setting myself and future family up for long term financial stability.
I'm very much a beginner when it comes to personal finance, so guidance is appreciated.
Submitted March 13, 2024 at 10:55PM by Foxtrot_51 https://ift.tt/u81pivS
