Hi Liam, I'm assuming that you have emergency funds already set aside and you're going to be working for the next 10+ years. Honestly for long term planning people don't set aside a lump sum for it at the start. Long term planning (more than 10 years) can be imagined as a project that you like to have later on, e.g. retirement, business set up, family planning, that you can progressively achieve. Thus is this where insurance savings comes in. For your budget and age, you can consider 3 things, (1) whether you need the $25k in the next 5 to 10 and/or 10+ years, (2) how much you want this pot of money to grow, and (3) how much risk you're willing to take. If you do not have any general direction, just want to grow your money, and if you're confident that you do not need the money in the next 10+ years, then it's good time (for your age) to use this money more aggressively in a progressive manner, e.g. if you have at least a day in a week and you are interested in investments, you can put $1k to start off buying shares and progressively add more money to the portfolio as you learn. The important thing is to get started, but do not neglect your long term needs at the same time!