Highly recommend r/personalfinance, there's tons of good information there and the wiki will explain a lot of the basics to you. General advice: - don't keep

Highly recommend r/personalfinance, there's tons of good information there and the wiki will explain a lot of the basics to you. General advice: - don't keep money in a savings account, you're losing money because inflation is always higher than savings account returns (even under normal circumstances) - first, pay off any debt - keep an emergency fund of 3-6 months of expenses (can keep it in cash in a money market account) - buy 10k of ibonds (guaranteed inflation protection) - simplest thing to do with the rest is to open a vanguard account, put it into a target retirement account (e.g. a 2055 account if you think you'll retire in 30 years). These accounts start aggressively in stocks and slowly shift to bonds as you get older, and have much lower fees than actively managing them. Don't try to outsmart the market, just let it sit there and don't touch it unless you decide to buy a house later. - make annual, max contributions to tax-advantaged retirement funds (401k or IRA) if you have access to them / are within income limits. There's more you can do to optimize here, but I won't overload with details.