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OK, I am only 16, but need to make cash now. I plan on getting a job in the summer. But right now is there anyway to make cash? Please no online advertisers, those things don't work.

2007-03-07 13:23:03 · 3 answers · asked by cutensassy661 2 in Business & Finance Other - Business & Finance

3 answers

If your not working then its pretty hard to make money unless you get an allowance. Dont break the law trust me its not worth the risk, been there and done it. There is a saying that goes, " There is no free lunch!" And believe me its true. If you are smart you will start saving money out of every paycheck when you get a job even if its minimum wage because the best thing you have going for you is time. When you invest money and dont touch it, let it grow over time with interest, by the time you are 40 or even 50 you are a millionare. Put away a couple hundred dollars a month into a low risk money market account or mutual fund and let it do all the work for you. The only other thing that you can do now for money besides work is sell any assests you may have on like a craigs list or ebay. If you dont have anything to sell go to your family and friends and try to borrow some and maybe give them a proposal on how you plan to repay them with interest etc. so they have a reason to lend you money and faith that you will be able to repay them. Hope this helps.

2007-03-07 13:37:25 · answer #1 · answered by Corey 2 · 0 0

Other than getting a job now, I don't know how else you are going to make money. In order to learn some responsibility with money and time management, getting a job at 16 is a good idea as long as you keep up with your homework and other activites. Good luck!

2007-03-07 21:32:10 · answer #2 · answered by Michelle 4 · 1 0

Use your creativity.

2007-03-07 21:25:32 · answer #3 · answered by itguru5354 1 · 0 0

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