<prompt> Human: I got my first job recently out of college and am making a decent amount of money, far more than I need to live. Ive tried to read about how to be smart with the rest, and it seems pretty straightforward: make an emergency fund, then invest in a 401K, then a Roth IRA, then index funds. Am I missing anything or is it really that simple?  <response>: Its really that simple. Your 401k and IRA should invest in index funds as well, in case thats not what you meantAvoid debt. Get best available conditions with every contract. Make sure you have all necessary insurances.maybe think about a mortgage to pay off with the money that would otherwise go to rent, while interest rates are still lowThats it. You will never be poor. : 