19, doesn’t know what to do next with money.
Hello, im a 19 year old who’s in college and is wondering what to do next with my money. I want to get into being financially independent and stable as early as possible. I currently make about 200$ per week working some minimum wage job for the summer but just got blessed with a new job that pays $22/Hour. I’ll be working 35-40 hours per week and this should set me up nice for where I’m at.
For my age, I’m pretty good with money. I have a girlfriend who I plan on turning into a wife and a couple hobbies that I spend a couple bucks on but nothing serious like hot wheels collecting, golfing and gaming. I’d say on average I spend anywhere from 100-150 dollars per week. I also am going to community college for free, this helps me out because all I really have of buy is books occasionally.
The reason I’m making this post is because I don’t know what to do next, I know by the end of this summer, I’ll likely have a lot more money than I know what to do with. And I also know there’s goals I have in life that if I could get a jump on I would love to like owning my dream Nissan R32 GT-R or even being able to propose sooner than later. I know just holding money in a bank account doesn’t do much compared to putting my money in places where it will grow over time. I think overall I’ve developed good habits like buying everything in full and avoiding any sort of credit card.
Anyways, sorry for jumping all over. But I just have no clue how I can use this current money that I have/will have soon and turn it around to set me up much better than I would be without it. I hope this all makes sense and ANY tips and suggestions will be read with much appreciation. Thank you!