Im(30m) looking for some advice on how to grow money I’ve saved. My expenses are currently around 5k per month and I’m making 125k per year. I have my car mostly paid off with 5k remaining on 1.8%. I only have 20k in my 401k and I save around 2k per month after all my expenses. Ive never been great with money but I feel like I’ve done ok for myself this far, that being said I don’t know if I should take out a mortgage on a house or what my options are to grow my net worth as I have no equity except my cash on hand.
original posted by whereami690 to r/personalfinance on Thu, 29 Feb 2024 04:48:22 GMT.