I just started a new job. I'm 25 and I just finished college. I wasn't able to get any loans because my parents wouldn't give over their info, so I had to go to school at night while I worked during the day. I had to take classes as I could afford them so it took 7 years instead of the normal 4 years. I worked in fast food making minimum wage while I was in school.
My new job is full time. I have health insurance and the salary is $40,000 per year. I don't have any debt at all but I don't have any savings either. I am renting a small apartment near my job (I used to live with my grandpa while I was in college but he moved into an independent living retirement type home). I live alone with no dependents. I don't own a car and I take the bus.
Each week after I put aside money for rent and my bus pass and I buy some groceries and have a modest basic phone/internet/TV package. My TV, phone, laptop and all my clothes and other stuff I own are second hand from Goodwill and the like. Each week after all my stuff is paid for I have $50 left.
My question is, what is the best way to save or invest. I would be putting aside $20-$50 a week because I try to keep going out and spending my leftover money to a minimum. I have no debt but I don't have any savings or investment yet either. I have no idea if I need a credit card or where I should start saving my money. I have read here a bit and decided to jump in to ask.
Submitted November 21, 2018 at 02:18PM by supermario3390 https://ift.tt/2Fxv0pb
