<prompt> Human: I have recently been thinking of putting all of my money into a savings account that I cant touch except for about 150 dollars a month. Is this stupid or smart? I live at home and dont have a car. My final goal is to have as much money as possible saved up by the end of the year. And hopefully in 5 years have a nice chunk of money to just get a house. Has anyone else in the Reddit community ever done something like this?edit I make about 2000 a month and I get a 1099. Besides paying my taxes at the end of the year I virtually have no bills.  <response>: If your parents are willing to let you live at home for 5 more years and you can do whatever you need to do on 150, then there is nothing wrong with your plan. 