r/Money

Just for context I’m 30, live alone, and make around $150K/year total comp in a medium (I think) cost of living area. I want to make sure I’m saving enough for retirement since working till I die really doesn’t seem ideal to me.

My money is in the following:

* 13K in checking account

* 14K in HSA (though, this is not invested)

* 63K in High yield savings

* 201K in taxable brokerage (all in ITOT)

* 65K in Roth IRA (75/25 in FZROX/FZILX)

* 151K in 401K (25%/25%/50% in Global Stock/Bond Fund/S&P 500 - thought tbh no idea how this breakout was chosen).

The current plan is to max the 401K and Roth out every year (though my company barely matches anything) and then remainder in taxable brokerage. My expenses are fairly low right now and I have no debt so planning on saving fairly aggressively, especially because at some point I’ll probably want to have a couple kids and give my future wife the option of not working when there are small children (assuming that’ll ever happen).

Been following tips online about what accounts to have and what to invest in, but not sure I have my money in the right spot at the moment. Any feedback or advice to make the most of what I have?

2 adults in late 30s

1 preschooler, no pets

Racked up a fair amount of debt in our 20s due to both being in school and being frivolous with money. We began weak retirement contributions in our 20s but nothing worthwhile. We started budgeting and working on everything when we were in our early 30s. Before 2019, I'd never created a budget before but started with a basic spreadsheet. I went back and looked at our statements and logged everything for the previous 3 months, then started logging every purchase and learning how to categorize and plan.

Overall, we probably had about 30k in credit cards/car loans and then 60k in student loans.

I made less during Covid and then stayed home for a year with our baby. During that time, we used a lot of our savings but didn't add debt.

We've slowly been putting money toward debt while still enjoying life with our young child. I find multiple financial personalities helpful, but don't stick to 1 way of doing things because I believe we all have to do what works for us.

We believe in being debt free, and that's our biggest goal (student loans, then mortgage). We also believe in having guilt free spending because this is our life now, and we want to enjoy it while still planning for the future. We are planning for retirement but aren't being aggressive. That will change once the student loans are done.

As of right now, we have 0 credit card/car loan debt and about 30k left on student loans. The student loans will be paid off by December 2026.

We put 23% of our income toward the student loans.We put 10% into savings since we have a young child and don't have a full emergency fund. We could easily drop our loan payment significantly if an emergency arose. We put 45% to our fixed living expenses. We put 13% into retirement due to 401k matching. We do not want to miss out on that. The remaining 9% is what we spend guilt free. Travel, food, recreation, home updates. I don't feel like it's extravagant by our definition.

Income: 13.3k/month

Fixed Expenses: 45%

Student Loans: 23%

Retirement: 13%

Savings: 10%

Guilt Free: 9%

I feel like we've come a long way in about 7 years and am excited for what our 40s bring! 🙂

I'd love any constructive tips/thoughts. Thanks!

so im in ireland and my exams willl finish the first week of this june, im doing a training course this September and as my first job and to fill my time this summer, and I've already applied online for a job stocking shelves and working the till at a convenience store near me

They'd be paying me €13.50 per hour, so if i did 7am to 2pm 5 days a week its roughly 500 id be bringing home.

If i dont get into this job ive also applied to work at subway and tesco

I wanna do it because it would look good in the training course, id be making my own money, and it's something to fill my days and keep me busy

My mum wants 50-100€ housekeeping which is reasonable in my eyes, ill put a good chuck towards savings for when I do move out (still living with my parents) and whatever is left ill spend on groceries, and a small bit for treats

I’m 30 and have an account that is a little over a million. I’m married to my active duty spouse ( an E2 so very little pay) and I don’t work because I am in school.

It’s currently being managed by I’d like to put most of it in the Nasdaq. My financial advisor says that it’s not really worth the risk of going all Nasdaq if 25% of my holdings already in tech. He advised me to keep letting them handle the account and take small amounts (20k ish) to place on individual stocks that I might like. Wouldn’t that be as much of a gamble as putting most of my money into the Nasdaq?

I know nothing about sales. I want to learn and experience before I can earn.

https://preview.redd.it/b2e480dxqftg1.png?width=562&format=png&auto=webp&s=54f8c94c67846f793041c64ec8b40fdd5a47fd1d

this is mine

https://preview.redd.it/yw2sty3prftg1.jpg?width=562&format=pjpg&auto=webp&s=32f3c9c672d412f770dd3e1fd6e7199cd35fc1da