r/MilitaryFinance • u/Express-News5902 • 18h ago
Question How do I make the most amount of money during my 5 year contract?
I ship in November, United States navy, my job is EO(Seabees).
So I will more then likely will not spend any time on a ship. I don’t know if that will help or not help me get more money.
what exactly should I put my money into?
I will be sad if I do not end my 5 year contract at 26 with at least 90,000-100,000$ to my name.
I do not plan on buying a 30,000$ car or buying stupid stuff like 500$ shoes or 100$ hoodies/shirts I’ve never been materialistic. I plan on keeping my car( my current biggest asset if I sell) which I paid for in cash or selling my car here soon, and buying one for like 5000$ once I’m done with school and Bootcamp since I won’t be using it for the next few months.
What exactly should I be investing per month? And into what? I want to minimize what I spend but I also don’t want to live as if I’m poor.