- 47,115
- 96,395
- Joined
- Mar 19, 2013
Create a budget. I keep one in excel and track every dollar I make and spend.
Set financial goals at the beginning of the year.
This.
Came here to post the same thing. Youll really see where every last cent is going when you first start this. I know it hit me like "damn i really spend X amount per month on____?!?!"
And don't keep a savings account either. Put that money to work for you in the market.
There is absolutely 0 reason to keep your savings held in a bank making 0.01% interest when you can throw it in a mutual and see returns of 4-9%
I kinda agree. Its good to invest and have your money make you money. I started investing (stock market, cryptocurrency) several yrs ago. Been great, but you also wanna have some money tucked away for a rainy day. You never know what may happen (god forbid)