What to do with my money as a 22 year old.
been working retail almost 2 years, currently have £5500(*) in a 4.5% Chase savings account, I live at home and earn say £16k a year now. my first year I wasn't driving so I was limited in the hours I could do
my hours aren't super stable, past few months It's been between 24-3*/week @ 12.75/hr - 14.25/hr nights (though I plan on getting more hours & moving up a role for a bump)
my monthly outgoings are around £235-240 for insurance, fuel, phone & some subscriptions. (which are about £30 of the total) and what's left over (£200-300) is for whatever I need/want for the month.
what I'm seeking advice for is, do I stick to boosted savings accounts for a few years, I'm with Chase because they offered 4.5% AER for my first year and I imagine other banks offer similar deals so I can surf around. or should I put my money / a chunk of it else where?
goals? short term my savings are going towards a car.. stupid? maybe but I want a cool car I'm a petrol head. (looking at spending no more than £10k then keeping it for years)
longer term I want to be able to get my own place (no renting) by 26 at a push after that I just want to have a comfortable pad for anything that may happen.
additional info:
no formal qualifications which is why I'm in retail, willing to learn & train to move "up the ladder" for higher paying positions or potentially down the line move careers/jobs if I'm not where I want to be, I say this because I anticipate comments about my job
(*) between Jan 25 - Dec 25 (with the help of my CTF which was around £1100) I had saved around £3000, and spent most of it on my current car, the current £5500 is just from this year's wages.
sorry if this post is a bit of a mess or too much info in places wanted to cover my entire situation, please ask any questions or for clarification if needed. appreciated in advance