Hi, I'm 19 with about $14,000 saved up living with my mom working full time no school. My income is atleast $2000 a month and I pay my mom $300/month for rent. I have atleast $2000 and atmost $6000 of the $14,000 reserved for a car. I typically just spend my money on food, doing stuff with friends, or occasionally clothing, and uber atm. I do not have a savings account, only checkings. I honestly don't know if it'll make any difference opening a savings because I feel like I'm good at saving money for the most part. I do not have a credit card, not debit. I plan on getting a credit card just to start getting my credit up and stuff (advice on best way). I've applied for an apprenticeship to become an electrician and have to take an exam next month. If all goes well, I'll quit my current job eventually and do the apprenticeship fulltime. They will pay me while I go to school ($~30/hr), higher wage than my current job. (~$25/hr-> ~$20/hr after taxes) My friend told me something along the lines of putting a percent of my paycheck or something into retirement fund monthly. I don't know what I should be doing with my money, other than just let it sit in my checking account
Submitted July 16, 2018 at 03:27AM by xRfdz https://ift.tt/2Lgjgcf
