Too embarassed to tell anyone I know IRL, but am excited for my new future. Been throwing alot of money with small things. PC, alcohol, movies (and im ashamed to say, funko pops). Recently i took the plunge and cut out alcohol in an attempt to get my life together, and i feel like i have a whole new start.

  • ContrarianTrail@lemm.eeEnglish
    5·
    17 days ago

    I hope you’re not keeping that on your bank account. Make it work for you. I’ve put all my savings into diversified, low-cost index funds.

    I recently reached a point that I could pay off my house if I wanted to. I’m really tempted to, but I think I’ll just keep it invested.

    • dingus@lemmy.worldEnglish
      2·
      16 days ago

      Eh…for a lot of people it makes more sense to keep your money in a high yield savings account instead.

      • ContrarianTrail@lemm.eeEnglish
        2·
        16 days ago

        For your emergency fund maybe but the interests are a lot higher when invested into something like S&P500. Failing to do so means leaving money on the table.