So I just got my first job out of college, took me forever to find one fuck...and am trying to figure out the best way to save my money. I have budgeted out $650 a month to save, but don't really know what the best way is to do that. I have a savings account currently with chase, but I feel the interest rate is terrible and they're just screwing me over. I'm enrolled in a 403b through work, but from what I hear it seems you dont really want to be pulling money out of that until much further down the road. I want my money to grow but don't know what the best way to do that is. If someone could please tell me the different options I have and what they would recommend I would really appreciate it. Thanks!
Just to clarify...im not asking for ways to save but rather, where is the best place to keep that money?
You could buy stocks, shares and stuff like that. However, be very careful to let banks and other financial people do that for you, they are only after the brokerage money.
I don't know if that's an option in america, however, over here (Sweden) you can "lock" the money for a much better interest. Usually, the longer you "lock" it, the better rate you get. However, if you withdraw the money before that period of time is over you will not get anything. There might be similar things you can choose?
