<prompt> Human: Ill be starting my first job out of college next month and would like some help understanding what would be a responsible budget. Some info about me and my family:Ive lived with my mom most of my life and she has consistently made less than 30k a year while supporting me and my 2 siblings in an expensive area in CA. Shes built a lot of debt raising us , using high interest CCs. I think something like 10-15k of debt. Now, my younger brother will be the only child in the house so expenses are going down for her. Id like to help her out until my brother goes to college 3 years, ideally paying off her debt quickly and helping them get a better standard of life. When I start my job Ill have no debt but only about 1k in savings. No other assets. Ive already found an apartment and will be paying around 2200month after utilities and such. My job provides breakfast and lunch every day as well as healthcare. Theres also a 100 401k matching amount that I plan to meet I dont know the exact amount now.I assume of my income, Ill get 127,841 UPDATED: used to say 100k. After rent and transportation approx 100month for subway card, that leaves me around 99k UPDATE: used to say 72k a year.My question is how much of this should I aim to save? How would I best invest this money? I dont have any clue where to start other than what Ive read in the wiki. I dont have any large expenses Im planning for in the immediate future. Whats most important to me is helping out my family while still enjoying life. I imagine a reasonable amount to aim to send home would be 20-25k a year. Additionally, what are the tax implications of sending my mom this money?Thanks in advance for the adviceAssistant: If you dont mind me asking, what industry do you work in? 200k out of college is amazing. Human: Ill be working at a trading firm doing software engineering. Im very lucky to have the opportunity  <response>: congrats, not an easy salary to pull right out of the box.I am in the same field, trading system development in various languages.. c, java, proprietary.Make friends, get a reputation as a good employee, work hard but obviously dont kill yourself.Ill warn you in this field and at your level of pay there is no going home straight at 5pm when there is an issue.Go right ahead when all is clear although id stay a bit longer in the beginning if there is an issue intraday or during market close...you fix it.That is one reason why your salary can be so high, that is priced in.The people seeing you will be making moves as well as you, and they will remember you.Good luck 