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Just about 2 months ago I turned 18, but I still don't drive. Many people find it pathetic and sad. I've been working for about two years but I'm almost broke. I want to be able to drive my self around with out having others drive me around. Whats the best way to save up money if your my age?

2006-12-10 04:50:19 · 4 answers · asked by Ree 1 in Cars & Transportation Other - Cars & Transportation

4 answers

quit spending money on things you just got to have :(

2006-12-10 05:12:37 · answer #1 · answered by Anonymous · 1 0

Obviously you can't save what you don't have-money. Get a better paying job. Heres how you can do it. Go apply at a school where they will give u student loan that you wont have to start paying back until 6 months (or longer) after you graduate. If the loan is good enough and your going to school only part time, you can keep the job you currently have, in order to still pay the bills, and the student loan money towards a good used car for yourself. Thats what I did. The technical college I attended had a program where I earned my Medical Assistant diploma in 6 months. I attended class in the morning from 8:00am-12:00pm. Then I would work afternoons/evenings at my job. It was a little tough at times especially sine I had 3 children ages 4,5 & 6 years old, but Im glad I did it. Now 14 years later I have a very well paying job, which more than coveres my usual bills, Oh, and I had no financial strain when paying the loan back at $50.00 per month!! I was even able to double my payments and pay back the loan that much quicker! Good luck to you.

2006-12-10 13:09:01 · answer #2 · answered by somebodys_watchn_you 3 · 0 0

A really good way is a secured loan. If you don't have a bank that you use yet find one, ask around and get one that you can trust. ( Some banks have some shady policies) anyway basically with a secured loan you open a savings account and put in say $500, you are not able to withdraw any money from that account, but the bank gives you a loan for the same amount, every month you make payments on the loan, once the amount is paid off you get the money out of the savings account. It is a way to save money and also build your credit.

2006-12-12 09:25:21 · answer #3 · answered by voidtillnow 5 · 0 0

Put your money in the bank. It's not rocket science.

2006-12-10 20:26:32 · answer #4 · answered by bugguy 2 · 0 1

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