<prompt> Human: Hey guys I have a really quick question for you all. Im currently still in college and was recently thinking, what are you suppose to do with all the money you make after graduating college? Im majoring in supply chain management which has an average starting salary of 60-70k. Considering that, with a one bedroom apartment 900 rent, and a paid off car bought used with cash, food and activities no more than 200 a week what are you suppose to do with all the rest of that money 50k? Im assuming it wouldnt be smart to keep that much in a saving account haha. I plan on living in an apartment until Im at least 25 4 more years so at that point, I should have a pretty good chunk of cash saved up. Do most people just invest? Thanks for the help!  <response>: Im majoring in supply chain management which has an average starting salary of 60-70k. I have not seen entry level salary stats that high for supply chain management. Payscale says entry level salaries in that field are closer to 52k. If you do manage to land a job that pays 60k, you dont actually see all of that money in your paycheck. Taxes will be deducted from your pay, youll likely contribute around 10 to a 401k or other retirement plan, and youll also likely pay for health insurance, dental insurance, and vision insurance premiums. Your actual take home pay might be something like 3000-3300 per month. Finally, your actual expenses will be a lot greater than 900 for rent and 200 per week for food and activities. At a minimum, youll also need to pay for car insurance, gas, laundry, car maintenance, health care, and apartment utilities. Most people also spend money on clothes, travel, gifts for others, and home furnishings. 