<prompt> Human: Hello all! i recently got hired at a job for 52kyear. I am 22 years old and dont really know what to do with this money as far as investing, retirement, all that good stuff. I understand 401ks, but the others are confusing to me. It all seems a bit overwhelming to me. All in all my monthly cost of living is roughly 800. I have about 400 in credit card debt that im going to clear up quickly. Other than that i have no student loans or any other form of debt. Any advice would be greatly appreciated!Edit: Thank you everyone for the solid advice! Ive read over what everyone has said, and I feel much more confident about what to do with my income. I appreciate you taking the time to answer!  <response>: Keep acting like you make half that a year. In other words, keep saving the money and put into a savings account. 1. Focus on being good at your job. 2. Spend money like you make half that Edit: I know theres more to it. Baby steps, baby steps. Learn to save and invest in you. When you can do that, you are doing better than 50 of the people around you. Then look into retirement account, 401k, investingz and housing 