What to do with 50,000 in savings? (M28)
A mixture of unemployment money during COVID, attending community college and transferring to a public university, and living at home throughout undergrad + 1.5 years of full time employment has lead to me accruing around 50K in savings. Additionally my parents assisted with college, I received some scholarships and was able to graduate debt free. I also drive a used car with no car payment.
I feel I have been able to save so much as I made some smart choices and live well below by means, but I feel financially illiterate as I don’t really have a budget or know what is the best way to grow this money.
I have a Roth IRA, and a standard savings account. If you had this amount of money in savings at my age, what would you do?
u/Classic-Leg-3514 — 4 days ago