Ken Coleman

Okay, so if I'm in your shoes, my next goal would likely be to purchase a home once I have that stable, big income.

So what does your living situation look like right now?

Even if you want to rent for two years and continue stacking up cash, depending on how big a home she's going to get.

Yeah.

I don't know what your area is like, but I mean, how cool of a goal would it be to say, I'm going to keep living how I've been living and this extra, you know, what, 150 grand, I'm going to just sock away into savings.

And after two years, I'm going to have a few extra hundred grand.

The good news is you can do both.

So in the Baby Steps, you would be at Baby Steps 4, you could call it 3B, where you're saving up for the home down payment, and many people choose to invest that 15% into retirement from their income.

And so you can do that now depending on what –

retirement options you have through your employer.

You could always open a Roth IRA and fully fund that through your income.

And then as you make more, that 15% chunk gets larger.

15% of 200 grand is way more than 40.

And so as you do that, you're going to continue to build wealth.

Any money beyond that, let's stack away in a high yield savings account and maybe get a house in the next two years.

And maybe you could even pay cash.

You don't have to do this alone.

If you jump on to RamseySolutions.com, click on Trusted Services, and you can get connected with a real estate agent that is Ramsey trusted that will help you walk through this home ownership journey.

And I think that's the next step for a young gal who's crushing it.

And beyond that, enjoy some of it.