Not sure if this is the right place to ask, but looking for recommendations on how to set up my savings.
Freshly graduating 22M making $77k, living with parents for free so no rent. Have to pay my own insurances, gas, food, etc but that’s all so expenses are pretty minimal. I’m trying to save every cent I can so I can put a downpayment on a house and also just set myself up well for the future, but I’m not sure the best way to split it.
Employer offers a 4% match on 5% into 401(k), so I’m planning on maxing that match. Otherwise, I just have a 5% HYSA right now. How would y’all recommend I split what I save?
Freshly graduating 22M making $77k, living with parents for free so no rent. Have to pay my own insurances, gas, food, etc but that’s all so expenses are pretty minimal. I’m trying to save every cent I can so I can put a downpayment on a house and also just set myself up well for the future, but I’m not sure the best way to split it.
Employer offers a 4% match on 5% into 401(k), so I’m planning on maxing that match. Otherwise, I just have a 5% HYSA right now. How would y’all recommend I split what I save?