Viewing a single comment thread. View all comments

shirk-work t1_iydn4dw wrote

Financially it's a golden egg. I wouldn't just let that money sit though. It'll do much more for you in an IRA. Time is money when it comes to compounding interest.

From a personal point of view (and this is highly subjective) it's good to get away from home. You're young, minus investing early there's not much you can do to mess things up. People get trapped at home sometimes and it stagnates their personal growth and sometimes their financial growth.

5

toss37472834 t1_iydnly9 wrote

That’s my fear. That’s why I put the time limit of one year, because I do want to move away. Just considering mooching off them a little to get set up well I guess.

2

shirk-work t1_iydq3m5 wrote

Sounds like a decent plan. Enjoy that time, take in all the things in your local area you don't think about regularly. When you start your next chapter you won't have the same accessibility. A year sounds like a while but in a decade you'll begin to notice them shrinking.

2