trying2plan
Confused about dryer sheets
Hi everyone...I stumbled across this website while googling info about Clark Howard and how he was able to retire at such an early age.
I am currently 25 yrs of age, graduating cum laude with a BA in English/Minor in Comm. in 2008. I landed my first job ever at a major financial corporation, which I've been at for about 9 months now. This is the problem I face... My salary is about 24k a year and I have student loans in the amount of roughly 60k. My take home pay after taxes/benes is about 1500 month. I love my collegues at work, but I am honestly overworked and underpaid, and even though I don't have much work experience, no one in my dept has a degree, but I am the lowest paid individual. I want to contribute to my 401k and learn the ins/outs of investing, but I don't think I can afford to, I'm basically living paycheck to paycheck. I live at home with my folks, and I am not in any debt whatsoever except for the aforementioned education loan, but it seems impossible to contribute money to savings, 401k, bonds, etc when I have no knowledge. I don't even know where to begin.
Any advice would be appreciated... on just starting a career, investing, retirement, etc....quite frankly, I would like to be retired around 45-50, but the sooner the better.
I am currently 25 yrs of age, graduating cum laude with a BA in English/Minor in Comm. in 2008. I landed my first job ever at a major financial corporation, which I've been at for about 9 months now. This is the problem I face... My salary is about 24k a year and I have student loans in the amount of roughly 60k. My take home pay after taxes/benes is about 1500 month. I love my collegues at work, but I am honestly overworked and underpaid, and even though I don't have much work experience, no one in my dept has a degree, but I am the lowest paid individual. I want to contribute to my 401k and learn the ins/outs of investing, but I don't think I can afford to, I'm basically living paycheck to paycheck. I live at home with my folks, and I am not in any debt whatsoever except for the aforementioned education loan, but it seems impossible to contribute money to savings, 401k, bonds, etc when I have no knowledge. I don't even know where to begin.
Any advice would be appreciated... on just starting a career, investing, retirement, etc....quite frankly, I would like to be retired around 45-50, but the sooner the better.