I’m 18 years old looking to change my habits and invest in my future. I recently turned 18 and have almost no idea how to get/use a credit card effectively, or which savings accounts are right for me, and anything else I might be missing to help me strive for financial growth. I’m in California if that makes any difference.
I currently make around $850 a month at a well known “Mexican” fast food chain. I pay no bills, no gas, basically I have that $850 to spend on whatever I want. I’ve started investing a little with Acorns, but besides that and putting $100 every paycheck into my savings account, I consistently blow the rest of my money on cigarettes and fast food for me and my girlfriend. These are habits I want to change or at least drastically cut back on and put that money to other, more helpful solutions.
I have a couple of questions as well as any other helpful tips. First off, what’s a good savings account for someone in my position? My main account is with chase so I thought it only makes sense to open my savings account with them, but after doing some reading I realized that might not be my best option. Second, which apps are there that might help me budget my money more easily? I tried Mint but the app sucks. Also, would it be smart getting a credit card to start building credit, and if so which cards are good?
Thanks in advance for any tips!
Submitted October 31, 2018 at 07:04AM by Ataraxy24 https://ift.tt/2Q8crZD
