conversation: User (DePoots): "I am 21, no debt, and after rent, car, and all other bills, I am left with an extra 500$ish a month.\n\nI've invested some money into crypto, as well as the stock market. So far my returns have been very Good, however I want to look at other options to diversify my income.\n\nSo what options would you recommend that I look into? I have an emergency fund and will keep that, I am just looking to branch out as much as I can to see what I like best, and focus more on that.\n\nEdit: thanks for all of the advice, hopefully this post helps out more than just myself"
  Self: "Go backpacking though Europe or southeast Asia for a couple months. You sound like you are very financially healthy for your age, which is great. All of the savings suggestions are 100% awesomely me, but also remember life's not only about saving!  \n\nAlso, I suggest looking up The Mad Fientist and Mr. Money Mustache, both of which started aggressively saving at a young age and were able to semi retire in their 30s. They still generate $ ... But they aren't reliant on jobs anymore. How awesome is that? This is achieved through investments in index funds (honestly this is the only investment I ever suggest to friends. Index funds statistically have better returns than managed mutual funds) and other passive income sources. Another common "passive" income source is real estate. With an HFA loan you only need as little as 3.5% down for a home, which depending on where you live might be only a couple thousand bucks. Maybe get a duplex or 2 flat and rent out the other side- often you can lower your own portion of the mortgage to almost nothing if you have a renter- more money for saving.\n\nAnyway, you're in a great spot- keep up the great work!"
  