I want to open up a bank account tomorror. I am a college student looking for ways to save and mange money.?

Question

1.What is a good bank?
2.I do not have a job but is there a way I can still make money?
3.Can anyone give me some good saving tips?
4.I usally get around 15 dollars a week but I use the money on non-sense?
5.I usally babbysit for my aunt she has 3 kids I usally babbysit them for a whole day, she only pays me around 30 dollars is that fair (she hardly ever pays me) ;hovever, she has bought me an ipod, given me a thousand dollars on Christmas and she gives me around 200 dollars for my b-day.
Keep in mind that I am a full time college student.. I tried several times to get a job but for lack of work experince no one will not hire me !!! Im only 18 and its not like I need money to survive I just want to start saving at a young age. I am the only child and I get almost anything i want, but i think its time i start saving

Answer 1

You have the Will! That's the most important part! Excellent. I highly...highly recommend you picking up the book: The Money Book for the Young, Fabulous, and Broke by Suze Orman. This book will answer every single one of your questions as well as those you're bound to have soon. I've read it a few times and I give it out as gifts to my friends who are in situation like you or simply want to get early start and take control about educating themselves about money.

Take care, good luck and you can do it!!

Violet Wisdom :)

Answer 2

You can open a saving account with an ATM card at any bank. The problem is the Bank Manager at each branch does not understand the rules. Some will say no you need a work permit while another branch from the same bank will say ok. So just try until one says yes. I use Bangkok Bank and Krung Thai Bank, K bank is also good. My advise is stay away from Siam City Bank, many more fees and lower Baht to dollar rate then other banks. All banks have fees which are almost all the same because they belong to the same banking organization. There are no fees for deposits or withdrawal, you do pay a small transfer fee if you do an international wire transfer. Interest rate is very very low nothing to get excited about. I wire money to my Bangkok Bank account every month from the USA, and never have a problem my US bank charge $20 fee and Bangkok Bank charge 200 baht fee. To open an account, have your passport, a Thai friend to verify your a upstanding person, and money to deposit into the account.

Answer 3

Look for a good bank that pays a decent interest rate, they say you should save 10% of your earnings. you should take your $15.00 and put it in the bank. Try working at McDonald's or some where like that. From what you have said about your aunt I think she is fair about what she pays you. I would put 1/2 of what she gives for special occasions in your savings account. I would learn how to spell better, do not abbreviate employers are not looking for people who take short cuts. It will help you with your job search. I would start learning about the stock market if you want to save. As a college student you probably should take a course in finance. Good luck to you.

Answer 4

1. Any credit union. Banks suck
2. Get a job!
3. Spend less than you earn.
4. See #3, above.
5. A bit low. But it's family.

There are jobs that don't require experience. Start at Mickey-D's and work up from there. Most corporate CEO's started out at McDonalds. No shame in that.

Answer 5

1 all are "good" I go with one where there is a branch pretty much where i go. Get one close to you.
2 a lot of colleges are offering job placement programs try student aid tommorrow.
3 buy used books
4 knock off the nonsense and save
5 don't complain about it shes family helping you out
lack of work experience so what look around and just make smart decisions with your money you'll do fine.