<prompt> Human: Im 22 years old and recently graduated college. Ive been offered an entry position paying 35k a year. I currently live with a roommate, so my concrete expenses are only around 500 dollars a month rent, utilities, car insurance and phone bill before gas and groceries. If I take the job, how much would you all recommend I put into savings each month? Ive never had any considerable amount of money in my entire life, so Im painfully new to this and dont know what Im doing. How would you manage this salary if you were in my shoes?  <response>: Well, you wont be taking home 35k. Use paycheckcity.com to estimate your take home pay.Read up on 401ks and IRAs in the wiki. Youll want to open one or both. Figure out your TOTAL monthly expenses: the concrete expenses you listed rent, phone bill, etc plus gas and groceries plus entertainmentone-off expenses. Then read about emergency funds in the wiki and determine how big yours should be, save that amount. Then start saving for long term goals more to retirement, do you need a new car? want to travel? buy a house? 