05-08-2015, 05:59 AM
Welcome.
Being so young and having so much extra cash left over each month... I think you will be getting off to a very fast start. I started when I was 23, wish I would have been as smart as you and realized these things a couple years earlier.
There is one thing that worries me though... you are 21 and you say that you only spend about $75 each month. You are young, you have a pretty good income, go and have some fun! Not saying spend all your cash, but you can certainly afford to spend a bit more. You only live once and saving 95% of what you earn seems a bit too much, especially now that you are young and have the time and money to do stuff.
I'm really not far from your particular situation right now. And I could be at home right now and invest an extra $1000 this week. Instead I'm abroad for a long weekend, in a nice apartment with a lovely girl. Not sure if this is a smart thing to do on any level, but it certainly is a lot of fun... and in the end that is the point isn't it?
Being so young and having so much extra cash left over each month... I think you will be getting off to a very fast start. I started when I was 23, wish I would have been as smart as you and realized these things a couple years earlier.
There is one thing that worries me though... you are 21 and you say that you only spend about $75 each month. You are young, you have a pretty good income, go and have some fun! Not saying spend all your cash, but you can certainly afford to spend a bit more. You only live once and saving 95% of what you earn seems a bit too much, especially now that you are young and have the time and money to do stuff.
I'm really not far from your particular situation right now. And I could be at home right now and invest an extra $1000 this week. Instead I'm abroad for a long weekend, in a nice apartment with a lovely girl. Not sure if this is a smart thing to do on any level, but it certainly is a lot of fun... and in the end that is the point isn't it?