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What something you wish you had done during your 20's? (kbin.social)

submitted 1 year ago by minnieo@kbin.social to c/AskKbin@kbin.social

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[–] JelloBrains@kbin.social 1 points 1 year ago

I want to piggyback on this, if you are in your 20s now, or any age really, if you are willing to do online-only banking and have a good size monthly payday deposit some online banks like Discover and Ally will offer 4% APR savings accounts, that is unheard of at places like Bank of America that were only offering us 0.1% APR on savings accounts.

If and only if you are good with money and won't go crazy, buy everything with a decent APR rate credit card and pay it off at the end of the month. We buy gas and only gas with a credit builder card after screwing up in our 20s, it's helped tremendously and credit scores can affect everything you do from insurance rates to job offers.