Serious question, just turned 21. Getting a Comp Sci degree and about to graduate.
My current plan is to save 80% for myself and send 20% to my aging parents. I only plan to save my money in the bank and live minimally.
Anything else I should do to get set financially at this stage so I don't regret life when I'm old?
>>1356223
Sending 20% to your aging parents? That's very gracious of you. I hope you're not paying for some stupid debt of theirs, though.. hopefully it's some medical expenses.
What else to do financially at this stage in life? Buy and hold physical gold and silver as a hedge against inflation and future market uncertainty. Besides that, financially.. there's a lot you can do from looking to buy a house (bad market ATM), to land, to stocks, retardcoins..
But in general that's all just you trying to make money, nothing to do with seriously regretting life when you're older. But yeah I really hope your parents aren't fucking retarded and undeserving of your money and affection.. I've known kids who've done everything right and bent over backwards to financially help their parents out when in reality their parents are just stupid fucking idiots racking up all kinds of retarded debt.
18 yr old with no actual life experience so take this with a grain of salt:
Don't hold every penny of that 80% in savings. It's good to save some of it but get most into mutual funds and other investments.
>>1356258
I appreciate the advice.
And yes, I believe my parents deserve every dollar I give them. They have sacrificed everything for me. In fact, they immigrated for the sole sake of getting me a good education and a better life, its only right if I help them in return.
>>1356295
Alright well if you come from a family of immigrants they probably are good deserving people, as evidenced by the fact that you feel like helping them out. Good luck in life.
