Help Me MoneyMaxx my Monthly Income

[Deleted member 371269]

Context : I'm 18, Senior In HS, Don't have to pay rent. College next year Business: Finance ( FREE ).

Gross pay : 42 hours × $26.78 = $1,124.76/week → $4,499/month

Estimated take home : $3,500/month after federal, state, and FICA


Current Planned Monthly breakdown

Roth IRA: $583
Wealthfront HYSA 3.95% : $1,500
Personal spending / food / transit : $1,217

I Realistically only need about $1,000 for personal spending / food / transit.

You can play with the savings and that spare $217.

All suggestions are appreciated

 

[mirinnnasal]

niceeeeeee, put some into individual stocks, and other part into a index, roth ira has gay limits

 

[IncelelstialBeing]

vanguard index funds. You will never outperform the market long term.

 

[Deleted member 371269]

 

[selzer]

How the hell do you make 26 an hour that’s dope

 

[Deleted member 371269]

How the hell do you make 26 an hour that’s dope

Committed to the roadrunning, bag getting, risk taking.

 

[Deleted member 371269]

Stop Repping and Give advice

 

[dxo]

Context : I'm 18, Senior In HS, Don't have to pay rent. College next year Business: Finance ( FREE ).

Gross pay : 42 hours × $26.78 = $1,124.76/week → $4,499/month

Estimated take home : $3,500/month after federal, state, and FICA


Current Planned Monthly breakdown

Roth IRA: $583
Wealthfront HYSA 3.95% : $1,500
Personal spending / food / transit : $1,217

I Realistically only need about $1,000 for personal spending / food / transit.

You can play with the savings and that spare $217.

All suggestions are appreciated

funded accounts and swing trading boss

 

[mirinnnasal]

whats ur job if u dont mind me askin tho

 

[Deleted member 371269]

whats ur job if u dont mind me askin tho

Don’t want to leak too much