[maat55]

Originally Posted by vthokie06

I plan on buying a (used, probably 4 year old) vehicle within the next four years (current car is 1995 civic with 170k miles on it). I plan on spending under 20k. I have $2k saved so far.

I also have a roth IRA that was fully funded last year, though it is looking as though it will probably not be fully funded this coming year with the amount going up to $5k.

Worth noting is that I'm in my early twenties and last year was my first full year of employment since college. I currently rent and have no savings for a home, and I do have an emergency fund in high interest savings that would cover my expenses for 4-months. I saved that up first, then opened the Roth, and have since started saving for the vehicle.

So tell me, what should I concentrate on saving for, and what should I put my stimulus check toward?

Thanks in advance!

Are you debtfree? Do you have an EF of 3 to 6 months expenses? If not, you need to does these first.