New job is allowing me to save ~$3000usd a month. I’m not financially literate - I’m 19, always worked for low pay in the past and never really had more than a few hundred bucks to my name but now I’m taking home $4500 after tax a month, with almost no expenses I can save the majority of this income.
Right now I have about $8000 sitting in my account. I don’t know much about investing etc, but I want to invest the majority of my pay to beat inflation. Any tips?Personal Finance
New job is allowing me to save ~$3000usd a month. I’m not financially literate - I’m 19, always worked for low pay in the past and never really had more than a few hundred bucks to my name but now I’m taking home $4500 after tax a month, with almost no expenses I can save the majority of this income.
Right now I have about $8000 sitting in my account. I don’t know much about investing etc, but I want to invest the majority of my pay to beat inflation. Any tips?
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...