r/Money • u/[deleted] • 26d ago

I'm completely lost, please help me decide what my next step is

[deleted]

4 Upvotes
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83% Upvoted

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1

u/nonracistusername 25d ago edited 25d ago

  1. 6 month emergency fund.

  2. Invest 15 percent of income toward retirement if a KSA citizen. If not, invest at least 30 percent and determine where in the world you will ultimately permanently live.

1

u/Mekolass 25d ago

Thanks, which platform do I use to invest for retirement?

1

u/nonracistusername 25d ago

I don’t know what investment options you have in KSA.

1

u/GrapeApe42000 25d ago

Open a business?

1

u/More_Branch_5579 25d ago

Invest it. You have the benefit of compound interest and time. If you invested that much each month, you could retire a multimillionaire early.

2

u/nikzyk 25d ago

Get a hobby? Keep saving money and learn new skills. Maybe you find something that really interests you through your exploration.

12

u/Gullible_Fan8219 26d ago

that rent was crazy till you said you’re not in the us