conversation: User (whatsinaname19): "Hello, \nIm a 24 year old female who has $8500 savings. I had around $10,000 saved but recently moved into a rental property and had some immediate expenses. Now that i have regular expenses and bills i'd like to know a relatively fool proof way to invest my money. My first thought is a term deposit account to put between 3 - 5k in there. Im a complete newbie and dont really know where to start or what to look for. I dont think i have the knowledge for shares and dont have enough money to throw into other investments like property or business investments.\n\nThe other thing is i feel like i should have a strict budget but not sure where to start either. I earn 1630.04 per fortnight.\n\nMy expenses are as follows:\nRent - 1651 per month, i pay $825.5\nPhone bill - 73.00 per month\nPetrol - round off to 80 -100 per month\nFood - 400 per month, i pay 200\nGym membership - 50.00 per month\n\nWe are yet to recieve our first bill for gas, electricity and water so i have no clue what to set aside.\n\nSo basically, im not in a high paying job. I work in disability but have qualifications in criminology and psychology but wasnt able to find employment because of my age and lack of experience. My income is low and i rely on being able to save well and since i now live out of home i would really appreciate aome advice on how best to budget and save my money.\nI hope i havent left anything out, please ask though :)\n\nThankyou!"
  Self: "You might have incorrectly formatted line breaks. To create a line break, either put two spaces at the end of the line or put an extra blank line in-between lines. ([See Reddit's page on commenting for more information.](http://www.reddit.com/wiki/commenting))\n\nI have attempted to automatically reformat your text with fixed line breaks.\n\n----\n\n&gt; Hello,   \n&gt; Im a 24 year old female who has $8500 savings. I had around $10,000 saved but recently moved into a rental property and had some immediate expenses. Now that i have regular expenses and bills i'd like to know a relatively fool proof way to invest my money. My first thought is a term deposit account to put between 3 - 5k in there. Im a complete newbie and dont really know where to start or what to look for. I dont think i have the knowledge for shares and dont have enough money to throw into other investments like property or business investments.  \n&gt;   \n&gt; The other thing is i feel like i should have a strict budget but not sure where to start either. I earn 1630.04 per fortnight.  \n&gt;   \n&gt; My expenses are as follows:  \n&gt; Rent - 1651 per month, i pay $825.5  \n&gt; Phone bill - 73.00 per month  \n&gt; Petrol - round off to 80 -100 per month  \n&gt; Food - 400 per month, i pay 200  \n&gt; Gym membership - 50.00 per month\n&gt;   \n&gt; We are yet to recieve our first bill for gas, electricity and water so i have no clue what to set aside.  \n&gt;   \n&gt; So basically, im not in a high paying job. I work in disability but have qualifications in criminology and psychology but wasnt able to find employment because of my age and lack of experience. My income is low and i rely on being able to save well and since i now live out of home i would really appreciate aome advice on how best to budget and save my money.  \n&gt; I hope i havent left anything out, please ask though :)  \n&gt;   \n&gt; Thankyou!  \n&gt;\n\n----\n\n^(I am a bot. Contact) ^[pentium4borg](https://www.reddit.com/user/pentium4borg) ^(with any feedback.)"
  