So I (19F) grew up poor and when I got my first job at 16, I spent my money like crazy. Since that initial excitement of spending money wore off, I have been trying to save as much money as possible. I got a credit card once I turned 18 with a limit of $1500 and it was recently increased to $2300. Sometimes I make very impulsive decisions such as my earbuds and smart watch, but other than that I don't spend as much, just on the necessities.
This summer I'm working at my university, 30 hours a week at $18.30 per hour. How would I budget this? I live at home and my only bills are my credit card, gas, and toiletries so I would have a lot left over, but it seems like too much to just keep in my checking account.
I have a high yields savings account and just opened a Roth IRA. Should I just put everything into saving and investing?
Is it worth getting a financial advisor for investments and retirement things?
Submitted May 20, 2024 at 12:12AM by Right_Awareness8127 https://ift.tt/XK8Cpfy
