/biz/ - Business & Finance

[Anonymous No.12446011]

How well am I doing compared to everyone else? I’m 21, zero debt. At the rate I’m making and saving, I’ll have $50,000 by November.

[Anonymous No.12446018]

Gfy anon, gfy

[Anonymous No.12446023]

>>12446011
Checked. Doing extremely well anon. Keep it up.

[Anonymous No.12446033]

>>12446011
Also forgot to mention, what should I do with my money? I’m going to transfer into to a high yield savings accounts that nets me 2.10% but I want more.


I already have a paid off 2016 vehicle.

[Anonymous No.12446042]

>savings account meme

[Anonymous No.12446051]

>>12446011

>28
>networth
-$164.662.09

>Cash in hand
$5,543

>Silver
>Gold
>Cypto
>Guns
>Cars
$78,434

>LINK
131,403 LINK

[Anonymous No.12446146]

>>12446011
You are in a good spot, I would allocate some of that 50K savings into safe stocks and into crypto. If you want to be a millionaire, buy 39K of BSV now, and in 2 years when the price hits 2K, you will have done nothing and will be a millionaire. I would also put 11k into some boring portfolio that is controlled by the (((them))), because for some reason diversity is good.

[Anonymous No.12446792]

>>12446146
I don't trust Crypto

[Anonymous No.12447804]

>30
>Assets
>Crypto
$24,000
>Brokerage
$98,000
>401(k)
$305,000
>HSA
$6,900
Cash:
$6,500 (Checking)
$8,000 (Emergency)
>Propery
$375,000 (House)
$22,000 (Auto)
>Debt
-$218,000 (Mortgage)
-$16,000 (Auto)

[Anonymous No.12447849]

Is there any point in having money in a checking account?

I have may pay go directly into my savings account so that it earns interest. I purchase everything on credit card with an interest free period to take advantage of the interest + cash back on the card, and then I pay the credit card balance in full from my savings account. The only reason I use my checking account is when I need physical cash for something, I will transfer the amount needed from the savings to the checking and withdraw it from the ATM. It's only in my checking account for seconds.

Am I doing it right?

[Anonymous No.12447890]

>zero debt
>over 1k in credit card debt

[Anonymous No.12447897]

Also do you have any money invested?
I’m also 21, got
>10k in savings
>30k in crypto
>1k in hard cash for emergencies

[Anonymous No.12448685]

>>12446011
>no money in checking account
>not completely poor
boomer/10

[Anonymous No.12448706]

>>12447890
I have zero debt also and make all purchases on credit cards that pay off in full every month for reward points. reward structures are built into all retail pricing now. it's usually around $1k give or take a few hundred.