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You're listening to Ramsey everyday millionaires where we talk investing, retirement, building wealth, and outrageous generosity. Today's question comes from Holly in Utah.

She says I'm 23 and I'm a recent college grad.

I'm currently working making 50,000 a year and I graduated without debt and currently have $20,000 in savings.

My monthly rent is $700 a month and my car is paid for.

My question is, how should I be investing my money at this stage a my life.

Way to go Holly. I'm impressed.

Excellent. I was waiting for there to be like a giant conundrum here.

I know.

This is a great problem to have.

But she's got no debt, she's got the emergency fund, making 50K at 23.

We are ready to invest, that's for sure.

So how does she do that?

Well, the simplest way, here's my five word investing strategy,

is you just go, okay, if I can remember this I got

it match beats Roth beats traditional and so you just use that filter to go okay do I

I have a retirement plan through my employer that's a great place to go, okay, do I have a retirement plan through my employer?

That's a great place to go.

Generally, a lot of employers have a match.

That's great.

So it might be, hey, we have a 3% match, which means if you put in 3%, they're going to put in 3%.

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