I’m at present a senior at my college on the point of graduate and begin my first full-time job this summer time. My wage shall be $80k earlier than taxes, and I’m lucky sufficient to get a signing bonus of $7,500 once I begin as nicely. Additionally they have an amazing 401k program the place they match 25% of the primary 6% of your eligible compensation that you just contribute to the plan.
So my questions are how can I open an funding accounts like a Roth IRA?
Additionally, how am I supposed to construct my credit score shortly if I’m 22 and not using a bank card? Do I wait to get my first card with our credit score union and my dad cosigns, or do I apply for a Uncover or simply any card?
I’m fairly intimidated by how a lot cash I’ll make as I’m not good at investing as I’d find yourself playing basically. Any ideas shall be drastically appreciated.