Advice on capitalizing on $100k salary
Nice to meet everyone here. I manage a few engineering teams remotely, in this last year I've set up some systems in our department and trained a second in command to the point where I have a lot of free time.
I am getting $100k pre tax yearly (only 2 years at this salary) and just paid off all my medical debt, which was substantial (united health care denials). So I'm kind of starting back at square one. I have $10k in savings right now. I'm slated for a $15k raise by the end of the year but I'll believe it when I see it lol
I'm 34 and don't really know how to set a solid, mature plan if I'm being honest. For now I'm just saving, but parking it in my bank account feels like a mistake. How do you capitalize on your savings/excess money?
Should I start thinking about different investment vehicles, or ideas I can use with my time?
I tend to meander, apologies.
Thanks for the help, I'm very clueless when it comes to money. Excited to learn more