18 years old trying to get his financial situation right

[andrewK]

Well, i'm 18years old.
got my GED.
starting college this summer.
working full time currently.

Well I have a project car that's almost done.
and i make ok money for an 18 year old.

basically i'm trying to build up credit (already started with a capital one card)
and i'm also trying to open up a decent saving account. with like a 300-500 deposit monthly.

and i want to get a decent % on it and have it open for like 5-10 years.
i am motivated enough to budget myself to slim pickens.
i eat out alot, drive alot and buy shit i don't need so i spend all my money.
but i'm coming to a point in my life where i need to start planning for the future and i can change all of that.


just looking for the best route to take for a person my age.
best way to build up credit
best savings ways. like what account would be good.
also, i could use some advice on common lingo whenever i go talk to the banks.

[miko281]

for you're cc. you should start off with a college student cc from any bank. i got mines through citi bank when i turned 18. just remember to pay that shit off every month, its not free money to spend.

[andrewK]

i know that
i already paid off half
and since i'm not enrolled as a student yet, wouldn't that amke me ineligible for student cards?

[RinasDaddy]

Good thing your starting early!

[axio]

I already gave a basics primer here: http://www.houston-imports.com/forums/showthread.php?t=410630