Hello,
I'm new to savings now that I have a decent job. Currently making ~$40K a year. I'm just now starting to build my credit from having no previous history and exploring my options for a savings account.
Comparing my bank percentages with other saving accounts from other institutes makes them seem appealing. After discovering money market accounts having high rates, I've become pretty interested- but after some research finding out they can be risky..I'm on the fence because I'm not too sure what that means.
My goals are to put funds away (~70% of each paycheck) because I don't have many expenses right now to save for a future car and home. What are my options on how to do this safely and effeciently?
Thank you!
Submitted May 26, 2018 at 12:44PM by llllilllllil https://ift.tt/2GPWCRP
