<prompt> Human: Hello all, I am currently 21 years old living in Toronto ON, I work a full time IT job making 40k a year before taxes, because I still live with my parents I currently am able to save a good amount of my money. My expenses are as following: Phone Bill 60 A monthInsurance 195 In winter 267 In the summer Own a winter Beater summer carGas Transportation really varies per month, but roughly around 300-400 a month.I own both of my cars outright have an Okay credit score of 679 with no debt at the moment. I would like to use my savings to invest in something but I really dont know how to go about doing so, I do not have anything in particular I am saving for at the moment but owning a property when im 25 doesnt sound bad. Any thoughts and what I could do to grow this money?  <response>: With no mention of retirement, start there. At 21 you can get ahead fast if you pile away for retirement and have no debts. 