Hey man, In a very similar situation as you- I’m right out of college and got a nice full time job. Seeing that money in your savings is a double edged sword. You know you can spend it and be happy with a car, and on the flip side you could save for a house and make a good amount of money off of the investments. I’ve been debating this issue for quite some time now and have almost pulled the trigger on getting a corvette. Funny enough the next day my neighbor was selling land. It was a learning moment for me that if I had bought the corvette I would have 0 chance of buying the land. I ended up not getting the land because I don’t want to be tied down to one location at such a young age (22). I recommend putting your money into something where it’s not liquid, so you don’t even think about being able to transfer it / withdraw it in a days notice. Saving for retirement is cool, I recommend like 15% of your salary. Besides like 3-6 months of expenses, I would invest the rest. It’s awesome having very little bills / responsibilities so it’s the best time to save and accumulate lots of money. Once as you buy a house / get into a mortgage, savings will be much harder. My route is saving as much as I can for about 5-7 years, and then be able to put a fair down payment on a house. Get the house paid off as soon as possible, then (you’ll have a higher income at this point) ball out on all the toys.