#savinginvesting

How should I be saving/investing with salary increase?

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How should I be saving/investing with salary increase? About 2 months ago I accepted a position with a base salary of 220k with potential to be over 300k after bonuses and incentives. I’m 25 years old, and my position immediately before this one I was making roughly 35k a year. I grew up extremely poor (roof leaked when it rained poor) and this is already the most money l’ve ever had to my name at o…

Reddit Personal Finance 841 2024-11-17

Saving/Investing for Someone with Student Loans

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Saving/Investing for Someone with Student Loans Hi. I make about 6200/month post-tax and have about 110k federal student loans to pay off with an interest rate of 6.1%. The monthly amount for the loan is not decided yet, but it will be around $400-$600ish a month. I recently opened an HYSA and put about 3K inside the account, but not to the point of 6-month living cost obviously. I have not i…

Reddit Personal Finance 378 2024-11-14