Originally Posted by Szeph el ratÃ³n
So I'm at the point in life where I have to contemplate for the first time what I want to waste my hard earned money on. I'm a small timer with an income around 65k EUR a year (goes up or down a bit, depending on success). I'm single steering into a relationship but we're not going to live with her for some years and therefore we're looking at only 1 income. I'm renting an apartment dirt cheap for 350 a month. Now I'm a bit confused what to do. I have savings in the lower 5-digit range.
It dosen't sound like you have money to waste on anything. You should be trying to optimize your spending vs. investments since you have limited savings. I'll assume "savings in the lower 5-digit range" includes investments and I'll assume (hope) you are relatively young. Try prudentially investing at least 50% or more of what you make. Doesn't sound like you have good financial management skills if you've got low 5-digit savings on a 85KUSD salary (which outside of StyleForum, is a relatively high salary for a single professional). As a data point, I had amassed low 6-figure savings/investments three years out of college on a similar salary with (in retrospect) less than optimal fiscal control.