Im making more than enough money for my age, i dont know what to spend it on? im 18, n work my but off...my average income is 1,200 a week...im getting a week vacation payed for too. Give me some good ideas of what to spend my money on...
2006-12-17 08:58:03 · 21 answers · asked by Anonymous in Beauty & Style ➔ Other - Beauty & Style
spend it on me...i dont mind helping you out
2006-12-17 09:03:27 · answer #1 · answered by tizzy 5 · 1⤊ 0⤋
I too was 18 and was making great money, I spent my money on everything I wanted. Here is my advice, Save a lot of your money, save it for the day that you have 3 kids in school they need new clothes, (cool clothes, expensive clothes) they need they want and then they need and want more. Then your car breaks down needs a part that costs 300 bucks alone (not including labor) and your mortgage payment is due, phone bill, busing fee for school, lunch money is due for all 3 kids and your job cuts hours because the orders just aren't there, oh and the kids still need to eat at home too. I would talk to a good financial adviser if I were you, get a savings, IRA, or 401K, Then what money is left over, spend it on whatever you want, new car, new TV, have a great time on your vacation!!!!!!!!!!!!!!!!!!
2006-12-17 17:16:49 · answer #2 · answered by imalwysrite 4 · 0⤊ 0⤋
You are making a good income for your age. If you want to be smart you will invest that money. I would try and put 10% in an interest baring account, maybe a CD or a 401K. By saving your money so early in life you could be a millionaire by the time you are 28!!
look at this website www.clarkhoward.com
2006-12-17 17:07:26 · answer #3 · answered by meow 2 · 1⤊ 0⤋
its never too early to think about your future and save some thing.so, do so.but life is not saving all u hve for a day in the distant future u think "i'll save all of this n have a grand ball in that day". it will only make u a slave of ur own greed. u r 18! what on earth u c'nt do. spend some quality time,travel, see things.. every day in our life is so valuable n live ur life to the max. BUT dont be stupid n waste ur self in nudies n other things which will only get u to the hell. u r lucky coz most teens do not get this kind of luck.
2006-12-18 01:15:45 · answer #4 · answered by apsara s 1 · 0⤊ 0⤋
Don't be a sheep and waste it on consumerables just because you can.
Be a little savvy, save as much as possible and in a few years time you will have enough money to buy a car or rent a posh flat.
Learn about stocks and shares and invest it.
2006-12-17 17:06:56 · answer #5 · answered by bluenose 4 · 1⤊ 0⤋
Save it! You never know when you might get hurt at work or lose your job for any reason. In todays world if you want to retire and live comfortably, You need to have at least 80,000 saved (or vested) by the age of 30. Crazy huh?
2006-12-17 17:08:04 · answer #6 · answered by Third EyE 2 · 1⤊ 0⤋
Me and my family :) Treat us to a good xmas. So instead of buying a £1000 suit, think of all the happiness my family of 5 would have. I have worked all my life, had to give it up to care for my partner, who has nerve damage in her left side, but not enough to qualify for disability and carers allowance. Stuck between a rock and a hard place at the moment.
2006-12-17 17:13:32 · answer #7 · answered by naplusultra 4 · 0⤊ 1⤋
you don't have to spend it..................
3 ideas:
1) Buy things you want or need - don't buy for the sake of it
2) Save money - you never know when your income may change
3) Help the poorer people of this world who are less fortunate than yourself. This should be number 1) really!
2006-12-17 17:10:08 · answer #8 · answered by Great Eskape 5 · 1⤊ 0⤋
don't spend it unless you absolutly need something bc then you might be a millionair and wow what an income! i only get 200 a week and i am older then u. where do you work bank for the TRUMP?
2006-12-17 17:03:22 · answer #9 · answered by GuNthEr'S_girl►♦♠ 2 · 1⤊ 0⤋
TRAVEL TO GOA IN INDIA AND YOU WILL LOVE IT GO SEE SOME THING DIFFERENT IN THE WORLD GET OUT OF THE COLD AND IF POSSIBLE TAKE YOUR MUM AND DAD ALONG WITH YOU AND TELL THEM HOW MUCH YOU APRECIATE WHAT THEY HAVE DONE FOR YOU AND SAY THANK YOU FOR WHAT THEY HAVE MADE OF YOU AND DON'T WAST YOUR HARD EARNED MONEY SAVE IT ALL UP TO BUY YOUR NEW HOME WHICH YOU WILL NEED TO HAVE SOME TIME SOON.AND DON'T WAST YOUR HEARD EARNED MONEY.
2006-12-17 17:04:23 · answer #10 · answered by mariolla oneill 5 · 1⤊ 1⤋
invest some of it and the rest... buy all the things youve ever wanted/needed you could also look into buying property with that kinda money coming in
2006-12-18 09:46:09 · answer #11 · answered by Julie Mo Bear 2 · 0⤊ 0⤋