S
Shimmy
Guest
I am 20 Years old and i want to build assets. Am i too young?Is this possible?This is my financial status that began this month.
I spend $1500 per month for rent/insurance/food.
I have $2000 per month to do as i wish.
I HAVE 4 years left of school in architecture.
1) Should I save up 2000 per month for 1 year and have around $15000. put a downpayment on an apartment, live in it with a roomate (who will pay rent/ part of my monthly mortgage) for the remainder of my 3college years paying off the loan? Hopefully pay it off when i graduate and id have an apartment?
2) Should i invest monthly in mutual funds/stocks?
3) should i put 2000 per month into savings and when i have $10000 put it into a CD and continue doing that every year and lock it in until i graduate?
what should i do? Basically i dont want to just go through college spending my money and not starting early.
I want to start making money now and have some assets under my belt when i graduate and start becoming an architect
I spend $1500 per month for rent/insurance/food.
I have $2000 per month to do as i wish.
I HAVE 4 years left of school in architecture.
1) Should I save up 2000 per month for 1 year and have around $15000. put a downpayment on an apartment, live in it with a roomate (who will pay rent/ part of my monthly mortgage) for the remainder of my 3college years paying off the loan? Hopefully pay it off when i graduate and id have an apartment?
2) Should i invest monthly in mutual funds/stocks?
3) should i put 2000 per month into savings and when i have $10000 put it into a CD and continue doing that every year and lock it in until i graduate?
what should i do? Basically i dont want to just go through college spending my money and not starting early.
I want to start making money now and have some assets under my belt when i graduate and start becoming an architect