Hey, I am 18F and have 11k in savings that I have saved from the past year and a half. I got an awesome job a few months ago and full time, make ~52k, but am starting college soon, so will maybe make around maybe ~24k. I am going to a local community college for 1.5 years then am leaving to go traveling. I hope to have 35-40k saved.
My rent is 250, food I budget 100, and transportation is around 50 a month, fun things, maybe 50 as well. I also budget around 50-100 a month to give to my family.
I come from a single parent 3 kid household and my mom makes below the poverty wage line, so through my state college is free and I get around $3000-6000 per year for college (pell grant). I don’t have to budget much for college.
So basically, I am wondering what to do with my money. I don’t want to buy a car or any other big purchase besides a laptop for school in the next 2 years, but will be traveling for a few years going forward so I don’t think putting it in a CD for 5 years will be beneficial, and also keeping it in a savings account I don’t think it will be good either. Thanks guys!
Submitted April 12, 2019 at 08:22AM by gw300 http://bit.ly/2X7ncOU
