Hi everyone! I'm currently 21 and just about to graduate college this spring. I had an internship this summer and made a good amount of money, and am continuing to work with them part-time over the school year. I have already accepted a full-time offer with them for when I graduate.
Currently, the money I have saved (and the money I will be saving over the school year) is just sitting in a checking account.
I have around $5,000 saved right now, and I'm planning to add about $1000 a month to that for the remainder of the school year.
I'd like for this money to be available for me to use once I get out of school, and I'd like to keep the money I currently have together with my income over the year. I'm thinking either a high-yield savings account or money market account would serve me better than having it sit in my checkings.
Which of those (or any other options) do you think would be the best fit?
Do you have any recommendations for which banks to go through for the best rates/service.
Thanks!
Submitted September 01, 2020 at 10:01PM by Alostiar https://ift.tt/3bg8a1B