Long time lurker etc.. anyways hi r/PF ! I'm on mobile so hopefully formatting will turn out okay.
I have recently interned for a university and ended up with seemingly lots of money for a 17 year old. 2.5K can't get me a nice car but it can get me some video games but I'm not going to go that route. I've been hearing about credit unions and how that is better than putting money into a major bank but I'd like more guide. My parents have raised me to be independent and I'd like to get this sorted out without their guidance since I'm going off to college next year and I can't always ask them for advice. And what better advice can I get than from the internet haha. I was checking out the guidelines posted for 15-20 year old/teenagers but found that I still don't really know what to do. I will begin listing off why I don't fit the criteria in the paragraphs below.
I am definitely going to a four year university probably majoring in biomedical engineering with probably enough financial aid that I won't have to worry about too much student debt. My parents have agreed to help a little so that's even more relief.
My parents have already started building my credit(I'm not really specific on the details) which is to give me a credit card with my own name and allow me to use it sometimes.
I have a car for use and will probably not use a car in college/near future because the schools I'm applying to have really expensive parking or they don't allow first years to park.
I do have a bank account with a major bank branch and was thinking to put money in there. But I don't know if that could be my best route as I do not have an income and I'd let the money just sit there.
Again, thank you for reading up to this point. I'd love for some pointers for what to do with the money I earned this summer. If there is any more information you'd like me to provide for a better answer then I'd be happy to answer them. Thanks so much!
Submitted August 19, 2017 at 10:56AM by b00pthetiger http://ift.tt/2fVieEt
