<prompt> Human: As the title states, im 18 years old living in Sweden and i have 10 000 USD saved. This summer Ill be making around 5000 USD. Can anyone guide me in what to do with the money? Do you have any advice that is specific to Sweden. I tried reading some stuff here but it seems to be US-specific. Thank you  <response>: Thats a lot of money at 18 years. Good job! Will you start studying in a year? If so, I strongly suggest you take full student loan CSN, about 800 USDmo. The interest rate is, this year, around 0.13, i.e. a free loan. Eventually you will buy someplace to live, and its better to have CSN than a mortgage. Some colleagues earned money in the summer to avoid CSN. The regret it when they need to come up with 15 down payment for their first condo. Edit: its tempting to use that money at that age. Read this first: It is really really good to start to save early. Try to really understand the concept of compound interest, or ränta på ränta in Swedish 