I have saved 10k and have Good credit, what now?

[Brandon Gee]

Hi everyone I’m new to this site and it looks extremely helpful, and I’m just looking for advice from any and everyone.

I’ve been saving money without really having a real plan other than having thoughts about owing property and work my way to financial freedom for my fiancé, son and myself. I’ve told myself once i’ve saved 10k i can can start making moves but I’m unsure what the next best step would be. I would appreciate any advice or ideas. The Goal is financial freedom.

I also have great credit if that helps

[Aseel Yerunkar]

@Brandon Gee Congrats on hitting that savings milestone.

As others have mentioned I highly suggest looking into house hacking via a low down payment loan. 

HOWEVER one thing I have not seen others mention is to make sure that IF this is your only form of savings -- keep an emergency fund. The rest you can invest. But you should figure out how big that fund needs to be based off your lifestyle. Maybe it needs to be 5k? Maybe it needs to be 10k? In which case I would keep on doing what you're doing and save up another 10k and then invest it. 

Hope that helps man. Hit me up if you have questions!