u/AdGroundbreaking3630

21M, need some advice

I'm about to graduate with an Engineering degree and landed a job paying 30k a month (eligible for appraisal cycles every year) and a bond for 2 years. Fortunately it is in my own city so i don't have to pay rent and my commute costs are under 2000. I'll be joining from June and mostly will have to take over household expenses as I've a single parent and a homemaker. Upon selling a house that we've been trying to sell for some time, we might get around 40L-45L share.

We've been on our family's support for the duration of my education but now that I'm about to earn, that will mostly end. Current expenses with a decent lifestyle do touch 30k a month (current household income) so there's no increment in the amount received, except for this share to be received. I plan on upskilling a lot over the year and switch jobs (if the total pay also covers my bond costs) and still is enough to sustain us and also save some on the side.

How do I personally manage my own finances (I'm not a big spender) and invest the share received?? Any books y'all would like to recommend? I want to learn more about finance.

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u/AdGroundbreaking3630 — 6 days ago