This is general advice, based on my lack of financial knowledge, growing up.
Having multiple sources of income gives you a buffer zone, in case something happens.
We should all take note of the events of the past couple of years.
My advice: Each pay period, arrange for 5% to be set aside for your Superannuation/Pension/Retirement.
Deposit a further 5% into a designated Online Savings account.
Save more $$$$$, by making all your meals, if time permits, cook/make and portion everything over the weekend, then freeze. That way you take it out and leave it somewhere safe to thaw.
You can save more $$$$$$$$, by not buying a hot beverage to drink during your commute.
The best hot beverage and food:
What we make ourselves.
I would also limit purchase of clothing and unneccessary items, wait until the sales, then buy.
Had I been given this information when I was under 25, my life would have been much different.
A suggestion: seek an income opportunity which can be used to save the funds.
I know that MCC is currently not operating, but in less than 2 years, I envisage a busy, $$$$$$$ fulfilling business.
Everyone who invests now, may end up gloating to those who don’t.
Please don’t have the same regrets I’ve had.
Life is an Amazing,
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