I'm a filthy peasant and I just got my first job for $65k/year in LA.
After taxes, it's about $3.5k per month, rent and utilities might leave $1900 a month.
How should I spend my money? Also dubs decides what to do with first $100.
I'd save the majority of it, put away 10% a month into an index fund.
You're a peasant, thus disposable, so I'd expect you to lose your job through the whims of market forces, so be prepared.
Don't even think about a mortgage or getting a car note. Shit's a scam unless you're professional class.
A car note is a car loan. Buy a $3000 beater until it dies. It's cheaper to 20 cars over 20 years for $1000 each than buy a $20000 car for 20 years that you pay interest on.
An index fund is like buying every stock in the market, so it's tied to the entire market performance. It's a good investment. Buying every month is called 'dollar cost averaging'. So you buy more when stocks are cheap, less when they are high, it averages so that so long as the economy grows over some timeline, you make money.
You can buy a nice watch and go to Starbucks everyday, or decide what to do with your half million, 15 years after starting in your first job (pic related). Question is, do you want to be a wagecuck forever?