I am 18 yo, entering the Air Force this summer (slated for August but could be pushed forward or back). Right now I’m a server at restaurant and I don’t even have a checking account. Most of my pay is in cash tips, which I just keep and spend. But I also have a pay card that is loaded with my hourly wage and any credit card tips. I also have a Walmart card, that I pay off each month in store. I want to save at least half of my income when I get in the AIr Force. I know nothing about finance. My dad just tlls me to work hard and save my money. Should I just be looking at a simple savings account, CDs? Bonds? I’m a little leery on investing since it’s a dice roll. I know there are investment strategies but I have no idea what they are or how to apply them.
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