<prompt> Human: I am 17 years old still in high school as a senior with a minimum wage job that pays roughly 115 a week after tax and major expenses. I recently opened a Roth IRA with my bank but now I am stuck on what my objective should be financially. I am banking on depositing 30 of my paycheck into my Roth should note as a minor I can not invest my Roth 20 in savings and the rest spending on probably useless things. Do you guysladies think this is a reasonable amount or should I change it up?  <response>: I would not invest at this point in your life. Why? Because you need cash for college. Hopefully you get some great scholarships, but if you can work through community college and a state university with some scholarships, some cash, you will have a huge head start in life financially. Worry about investing when your income is high enough that lowering your tax bracket by having retirement investing taken out of your pay helps you out, and for now save for school. Dont buy junk. It doesnt make you happy. A new PC, a new tablet, clothes, its all sitting unused in your closet in a couple of years. It doesnt help you achieve your goals, it doesnt make you happy for very long after your bought it, it doesnt impress anyone after the initial glance, but it has a huge opportunity cost. Dont buy junk with the excuse of needing it for school either. Almost no one needs a high end gaming laptop for school. A 400 laptop with does homework and surfs Reddit just as well, with the bonus of being less inclined to game when you should be studying, working, meeting people, hitting the gym, etc.Instead invest in you. Work hard in school. Get in good shape. Try activities outside of your comfort zone. Volunteer. Talk to people you wouldnt normally talk to or are uncomfortable but safe talking to. Do things with your family, your friends, new potential friends, etc. These non-financial investments will pay off more than any college or retirement savings because you only get the chance to be where you are in life now, now. Do these things, and dont spend your money when you dont need to, and if youre bringing in 500 or 5000 a week, youll have built good habits financially and will be able to set yourself up to be in a great place come retirement. 