Too embarassed to tell anyone I know IRL, but am excited for my new future. Been throwing alot of money with small things. PC, alcohol, movies (and im ashamed to say, funko pops). Recently i took the plunge and cut out alcohol in an attempt to get my life together, and i feel like i have a whole new start.

  • Rimu@piefed.social
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    14 hours ago

    Congrats.

    Once you get to $10k it starts to matter where you put it - for example a managed fund will make it grow significantly faster than if you left it in the bank.

    • boonhet@lemm.ee
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      12 hours ago

      Don’t managed funds have lower growth and significantly higher costs than index funds?

      • Orvorn@slrpnk.net
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        9 hours ago

        That’s my impression as well. I would recommend making a free account with Schwab or Fidelity and putting your savings in SPY