Where to put 40,000
My daughter is 24 years old. She has worked since she was 14. She always put half of her money into savings and half into her checking. The checking she used for fun money or gas in her car whatever. She currently has 15,000 in the checking. The 40 she is wanting to use to buy a condo with next year OR should she invest it? Some? All of it? She only makes 40,000 a year and still leaves with me. She does have a Roth IRA with about 7000 in it. She has a life insurance policy for 100,000 with a cash value...not sure how much. She has had it for 7 years or so.
u/Rebelbets — 23 hours ago