I've been browsing the forums for a week or so - great info here. Much appreciated.

Now, I've been pretty broke my entire life(I'm 22). I'm now in a position where I have no bills, and I want to be as smart as possible with this opportunity. Ideally, I'd like to have 50k saved by the time I graduate college (3.5 years).

Current plan:
Regular monthly Expenses:

Gas: $75
Food: $100
Supps:$100

Regular annual expenses:
Car maintenance: ~$500

Debts:
$1,300 owed to credit card


Average expenditure per month: $325


Take home Income: ~$1700/month. (Should be closer to 3k by the end of the year, but can't be sure)

So my plan:
Put 20% in portfolio fund immediately. ($340) until credit card is paid off (1-2months)

Then, 50% in portfolio immediately ($850/mo)

30% in accessible savings account ($510/mo)

20% spending ($340).