I’m 16 years old graduated with a full time

    Job, what are some HYSA I should look into. I make 2k a month. I plan on saving 1k each month into the savings.

    16 year old HYSA options
    byu/foja400 inpersonalfinance



    Posted by foja400

    3 Comments

    1. Let me google that for you.

      [Nerdwallet](https://www.nerdwallet.com/m/banking/standout-online-savings-accounts-14?utm_source=goog&utm_medium=cpc&utm_campaign=bk_mktg_paid_savings_best_hysa&utm_content=ta&mktg_place=aud-2445505028570:kwd-892496679541&gad_source=1&gad_campaignid=22795601037&gbraid=0AAAABAYzWJNvi-gAYoQack6x5oPvc82Jp&gclid=CjwKCAjwqubPBhBOEiwAzgZX2mhi3oKlRvtKJVbVIsNp-26YlKRyITSUHuIZKdspjrv043dKKFsEohoCw8oQAvD_BwE) CIT Bank and Sofi are pretty reputable.

      P.S. That’s only $11.53 an hour if it’s your pre-tax pay, which is probably still less than $14/hour if it’s post tax. You’re wasting your time working that job full time. Find a career path to higher pay and focus on that – even if it causes you to temporarily take on some debt.

      P.S.S. I’m sorry that someone misled you into thinking graduating early and working was better than being a kid in school. 🙁 Being an adult is hard enough as, well, an actual adult.

    2. I like Marcus by Goldman Sachs. They are simple and have same day transfers if done early in the day. Also look into contributing money into a Roth IRA.

    3. MuffinMatrix on

      Why are you working so young?? Do you plan to finish HS? And college? Or at least trades?
      You need to invest in yourself first.

      A HYSA is good, just pick one. Convenience is more important than rate. If you won’t use it, you won’t earn. Ally, SoFi, AmEx, Capital1, Fidelity CMA, they all work.

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