Welcome back to Finance Friday, another special edition of Money Girl where I answer your

burning money questions. Today's topic comes from Lauren Jay, who says, I'm a 22-year-old

recent college graduate who started my first full-time job a few months ago. I currently have

little bills and no debt. I maxed out my Roth IRA for the year, but will only qualify for my

my company 401k retirement plan once I've been employed for a year. I have about $20,000 in savings

and want to buy a car in a year or so. What advice can you give about what to do

with that extra money? Thank you so much for your question, Lauren. With a job, no debt and money

in the bank. You are in an enviable position as a young person. So congratulations. You are

light years ahead of where I was at your age

and probably, you know, where many of the listeners were or are at your age. So you have a lot going

for you. This podcast will answer your question about the smartest moves you can make right now,

no matter if you have a little or a lot of

extra money. Welcome back, everyone. Thanks for joining me on episode 879. I'm Laura Adams,

an award-winning author, finance spokesperson, a speaker, founder of the MoneyStack, a substack

newsletter, and host of the Money Girl podcast with over 43 million downloads. If you're

getting value from the free content we love creating here, please subscribe and consider

submitting a five-star rating or review on your podcast app of choice. And if you have a question

about money for the show, I'd love to hear it. You can leave it on our voicemail at 302-364-0308.

You can also send an email and sign up for the free Money Stack newsletter when you visit

LauraD Adams.com. Whether you're fortunate enough to receive a cash gift, a bonus or a raise, having extra money is an

excellent opportunity to improve your finances over the long term. First, I want you to

identify or review your financial goals to know what you want to accomplish with your money.

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