How do I start being a responsible grownup with my finances?
I am irresponsible. I’m bad at paying my bills on time and I leave dishes in the sink for days and I’m always late to stuff.
Someday I am going to be old and I will still probably be irresponsible. But I don’t want to end up old and destitute and pathetic and a burden on society, so I realize I need to start saving money while I’m still relatively young.
Where do I start? Should I open an IRA? Roth or traditional? Or do I buy mutual funds? Or index funds? Or something else entirely?
Also I have no idea how one actually does any of the things I just mentioned. I hate my bank (Bank of America) and would rather they have nothing to do with my long-term savings and I assume there are other companies that manage this kind of thing. But I am also not rich and not trying to invest huge sums of money, so maybe those companies aren’t appropriate for what I want to do?
I would love to hear about how other people have successfully created a financial safety net for themselves, especially if you started out young and dumb and irresponsible like me. Whatever advice you have is helpful.
This question is in the General Section. Responses must be helpful and on-topic.