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Evil Milkman · 02-02-2005, 09:07 PM

First off, I appreciate all the tips, everyone!

I'm 20 years old and I've always been pretty good at saving money. So far, I have an ING Direct savings account, and I put a certain amount of my paycheck into it weekly. I'm planning to continue doing so indefinitely. I also am investing a certain amount into an advertising business that my mom's boyfriend is doing well in. I try not to eat out at restaurants and try not to spend money on impulse purchases.

But I have a few questions and need some further clarification on some of your tips.

I don't have a credit card at the moment, but I'm thinking about getting one very soon so I can start building some good credit. I've read over the recently added credit rating thread in Tilted Finance and it finally occurred to me that I should probably get on that soon. What is a good card to get that has the greatest benefits and low/no yearly fees?
What is a good company (on the internet or not) to start a mutual fund account or get started with stock trading? Any there any particular companies that are reputable and well-established? (i.e. TD Waterhouse?) What's the best course of action that I should take with a checking account of under $1,000?
I'm going to a community college currently and planning to transfer to a four year university next fall. As far as student loans go, is there a really good information or loan agency website that has all the info I would need to make a good decision on who to get a loan from? Any other tips insofar as college loans from anyone here at the TFP is also appreciated.

I like the tip from robot_parade about saving all receipts. I'm going to start doing that tomorrow and keep all changes in cash flow in Quicken.

Eventually I might open up a CD at ING Direct too, but right now I don't have the money.

Thanks again, everyone!

02-02-2005, 09:07 PM	#17 (permalink)
Evil Milkman Addict Location: Illinois	First off, I appreciate all the tips, everyone! I'm 20 years old and I've always been pretty good at saving money. So far, I have an ING Direct savings account, and I put a certain amount of my paycheck into it weekly. I'm planning to continue doing so indefinitely. I also am investing a certain amount into an advertising business that my mom's boyfriend is doing well in. I try not to eat out at restaurants and try not to spend money on impulse purchases. But I have a few questions and need some further clarification on some of your tips. I don't have a credit card at the moment, but I'm thinking about getting one very soon so I can start building some good credit. I've read over the recently added credit rating thread in Tilted Finance and it finally occurred to me that I should probably get on that soon. What is a good card to get that has the greatest benefits and low/no yearly fees? What is a good company (on the internet or not) to start a mutual fund account or get started with stock trading? Any there any particular companies that are reputable and well-established? (i.e. TD Waterhouse?) What's the best course of action that I should take with a checking account of under $1,000? I'm going to a community college currently and planning to transfer to a four year university next fall. As far as student loans go, is there a really good information or loan agency website that has all the info I would need to make a good decision on who to get a loan from? Any other tips insofar as college loans from anyone here at the TFP is also appreciated. I like the tip from robot_parade about saving all receipts. I'm going to start doing that tomorrow and keep all changes in cash flow in Quicken. Eventually I might open up a CD at ING Direct too, but right now I don't have the money. Thanks again, everyone!