Hello! 25 y/o E-6, single, no dependents, lives in a high COL area with roommates, no debt. Apologies if terminology is incorrect.

    • 30% to Roth TSP (total ~81K)
    • Roth IRA opened this year in Apr ($583/mo, ~3.5K total)
    • 19K in SPY through individual brokerage (dropped some deployment cash in here, haven’t added to it since)
    • 19K in HYSA (potential house fund if I end up purchasing a home at next duty station)
    • 5k in checking
    • 5k in savings (what I consider my immediate emergency fund)

    I’m looking to buy a car in the near future, around the 20-30k price range. I’ve been in the same car for the last 10 years or so. What has been nickel and diming me has turned into “quarter and dollaring”, so to speak.

    Best case scenario for the car situation is a 5 y/o Japanese, AWD subcompact SUV with Apple CarPlay and a backup cam, e.g., rav4 or cr-v, as I do live a somewhat outdoorsy life. I’m not opposed to getting a corolla or civic or a generic, commuter car, but I would like the additional space and AWD.

    I’m not too savvy on how to save money or what to do with it after you’ve saved it. Any advice regarding fund allocation or the car situation is greatly appreciated, thanks!

    Is there a better way I should be allocating funds?
    byu/Organic-Upstairs-835 inMilitaryFinance



    Posted by Organic-Upstairs-835

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