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Leon_Winters2023 t1_iuk4qim wrote

You're doing awesome for your age, well ahead of your peers.

  1. You should invest the amount into your 401k to get the company match. I'd personally only do that and nothing more.

  2. Alongside this, invest the full $6,000 into a Roth IRA. Do something simple like VTI or VOO.

  3. Dont move out until you can get a 10% down-payment on a home. I know it sucks living at home because you think it might impact dating, but if you have a house at 25-26 your dating life will be amazing compared to renting from 24 and beyond

For a car, take your post tax income/2, and that should be the maximum budget. It can be a new civic, new Mazda 3, Corolla. Or a used luxury car. Just don't buy anything crazy over the limit.

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PM_MEYOURB00Bs OP t1_iuk6jrr wrote

Any car you recommend purchasing? Personally do not feel comfortable buying a brand new car for various reasons.

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Leon_Winters2023 t1_iuk85x3 wrote

Don't be afraid to buy new if it's a reliable car like Toyota, Honda, or Mazda.

Mazda 3, Corolla, Camry, civic, accord. Personally I'd go for a Mazda 3 for the style haha and the fun of it. But Camry is best bet for just no nonsense.

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