MMM and readers,
So what do I do now?
I’ve been reading for a while and have been living my version of mustachianism for a while. -Bike to work, fix old things and sell them, cheap housing, car paid for that usually sits etc.
I graduated college in December 2012 with a German degree. Needless to say, there aren’t many jobs needing my skills at the moment. I took a job at a tech company leading corporate and client trainings for their software. My wife is still in school and works part-time. When she finishes, we both will have completed Master’s degrees without accruing debt.
My salary is 28k per year. Right now, we save about 50% of that. We have around 30k in liquid assets. In the future, I’d obviously like to buy a house, but I also have no 401K (company does not have the option) or investments for retirement.
This brings me back to my opening question. So what do I do now? Should I save for a down payment on a house or should I invest some and save most? Any suggestions are appreciated.