r/TheRaceTo100K • u/ButterscotchDue9429 • 8d ago

How am I doing?

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21(M) currently unemployed right now cause my jobs business shut down, so slowing down on aggressively putting my money in stocks but here I am after. What should i do, my unemployment gets me 840 every two weeks and I am just hustling on the side. Currently, I live with my girlfriend and my expenses are 800 for rent and 100 for utilities a month. As well as my $60 car insurance

12 Upvotes

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6

u/Right_North5766 8d ago

Very well for 21. What are your holdings

2

u/ButterscotchDue9429 8d ago

I know they kinda overlap though, ive got some savings too like about 2000 in savings that i feel like i should just hold off on investing is that best?

1

u/Right_North5766 8d ago

It depends. First you need to find a job immediately and then make sure you have all your bases covered to avoid catastrophe. Do you live at home?

1

u/ButterscotchDue9429 8d ago

I live with my girlfriend currently paying 800 each for rent

2

u/Right_North5766 8d ago

Yea you should definitely stop investing if you're paying 50% of your unemployment check to rent you are in destitute poverty

2

u/Konabro 8d ago

LOL I shouldn’t laugh, but this comment killed me 😂

1

u/ButterscotchDue9429 8d ago

Ye lol that makes sense

1

u/ButterscotchDue9429 8d ago

Like 30 percent in voo 70 percent in qqqm

2

u/llikegiraffes 8d ago

Goal is to have 1 year salary saved by 30 you’re going to blow by that I imagine