Wanting to gift my son $20k for graduating college. But how? I know it’s not a large amount of money, but it’s $19,950 more than I had when I graduated. He has a decent vehicle, so need to purchase a new one. A few options I’m considering: 1) giving it to him in a lump sum. Tell him to buy a “want” but no more than $1000 to scratch the itch of wanting to spend it 2) use it to make his student loan payme…

Graduating soon with $20k to invest Hey all, im 21 years old and graduating college next spring. At the moment my monthly expenses are extremely low. After graduation I will be making about 120k salary and saving is not hard for me as I am very frugal. I currently have about $20k just sitting in a HYSA that im prepared to begin investing with. My current plan is to open a ROTH IRA…