Making Money Choices
Remaining MoneyIf I was to work at the job I desired i would have $1,443 left over. This is after I put 10% of what i make into savings. With this remaining money I would put around $300 to $400 into retirement. The rest of the money I would use to buy anything extra or go on vacations.
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SavingsI am hoping to put as much money as I can into savings. I would put 10% of my money into a savings account with Star One that would get 0.85% savings annually. I would then proceed to put about $300 to $400 into retirement to make sure I am setup later in life. I would not really try to go into the stocks because I could possibly lose a lot of money. Instead of the stocks I would invest into things such as a 401K.
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Next 10 YearsFrom the years of being 21 to 31 is probably the most important 10 years of one's life. These years are the years you start your family, get a job, buy a house, etc. My wish is to be married and have 2 kids. I would want to own my own house with a nice luxury car to go along with it. Hopefully, in my later years I would be able to buy a nice vacation house in where my family and I can stay whenever we feel like it.
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