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Try to max out your 401k or contribute as much as possible as early as possible and invest it into low-cost index funds. Compounding interest is one of the mos
by tristor 5y ago
Try to max out your 401k or contribute as much as possible as early as possible and invest it into low-cost index funds. Compounding interest is one of the most powerful wealth builders there is, but it only works over long periods of time. What you put in now while you're young will be worth significantly more than putting in larger contributions later.
Funds to buy: VOO (S&P 500), VT (or VTSAX) (Global Total Stock Market), VTI (US Total Stock Market).
After that, I'd say buy a fast car while you're young and can enjoy it. But don't buy new. 90s sports cars were better anyway.
Finally, focus on relationships, use the things you love to do as a way to meet people and build relationships. The relationships you make now are what will sustain you as an adult. It's much harder to make friends at 30 than it is at 18.