Finance things every 18+ needs to do

Here three things you want to do the day you turn 18 to set up your financial foundation for the rest of your life. For context, I'm just 20 years old with over six figures saved and as soon as I turned 18, I did all three of these things. First things first, you're going to want to ditch your debit card and get yourself a credit card. The day after my birthday, I got a credit card and credit cards can only be difficult if you make them difficult. I keep them extremely simple. And you might have heard the term use your credit card like a debit card, well I'm going to go ahead and explain that right now. You should only be using your card with money that you already have in your account. If you don't know how credit cards work, you get a limit. Let's say a credit limit of $1,000 and you might only have $500 in your account. Yet you can still spend $1,000. Only spend the money in your account. And if you follow good habits, pay your card off in full because you won't have to worry about the interest rate because you're paying off the balance before it even reaches the due date. Next one is open a high yield savings account. It is literally identical to a normal savings account. A lot of people think that your money gets stuck here because it's earning interest rate that is not true at all. Let's say you have a savings account with Wells Fargo, Chase or Bank of America, you're getting literally like 0.01% on all of your savings. You'd be looking at earning money just for keeping your money in account and you can take out the money anytime you want. So please just open a high yield savings account, it's better than a normal one. And the last one is scary for a lot of people, but it's starting a brokerage account and getting into investing. Opening a simple brokerage account is just the tip of the iceberg. There's so many ways to go about investing. I keep it very simple. I invest into ETFs, which are essentially groups of stocks and you can invest into let's say the top 500 companies, top 100 companies with just a single click. Individual stocks are great, but if you don't have the time, ETFs are definitely the way to go. And I know I said if you just turned 18, but it doesn't matter if you're 18, 30, or 50 years old. These are great advice if you want to build your financial foundation and turn your life around.