re: Ok, I want to save some money

What I have encouraged my daughter to do (she is a recent college grad like you and started her professional career this past Monday) is to "pay herself first." If your employer does a direct deposit (like my daughter's does) then in addition to your payday checking account deposit, open a savings account and have 3-6% of your pay direct deposited into it each pay period. It makes savings easier because you don't see it. You are paying yourself first.

Then make a pact with yourself that you will only tap into the savings account for emergencies. (A really fantastic sale at the Mall is NOT an emergency! )

Next step, open a self-directed brokerage account, such as TDAmeritrade or Charles Schwab. Every six months to a year, transfer half of your savings balance into the brokerage account and purchase a low expense, no-load mutual fund with the money. I prefer equities (stocks) and at your age, I suggest the same, but that is really dependent on your risk tolerances. If you can't sleep at night thinking your brokerage account might lose money the next day, then stocks are NOT for you.

I opened a brokerage account for my daughter years ago and started putting small amounts (no pain amounts) into a stock fund periodically and her account balance is a low-five figure number. Not bad for a 22 year old starting to work. Now she will take over responsibility for her own rainy day fund.

I hope you find this helpful.