What is the best way for college students to save for the future?
Right now, I’m in college and I’m starting to think about how I will start saving for the future. I already have money in a conventional bank account. But what else should I do in order to prepare for the future. There are so many different types of investments (forex, stocks, bonds, ira, precious metals, etc). What is a relatively safe way for me to save money and invest it at the same time?
I would say you should invest in shares and also premium bonds. You will not get interest in bonds bhut will not lose money and will be entered for a monthly draw. I only have minimum bonds and earned £100 from a draw.
Also here is a guide for if your parents are going to provide you some money. It will really lower what they pay. Please click on it even if they won’t as I need some views.
http://www.gomestic.com/Personal-Finance/Smart-Parenting-Simple-Tax-Avoidance-to-to-Pay-Less-for-University.400945
Forex IRA Accounts