iam only 17 years old, and i have $3,000 on savings, and $100 and checking account, iam working too. do i have a lot of money on my age? (i have no debt)
2007-03-16 22:33:07 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Yes this is a significant amount of money. Make sure that you continue on your plan to 'save' as opposed to buying unnecessary things. You will be offered many opportunities to spend your money, so keep mum.
2007-03-16 22:35:57 · answer #1 · answered by Venita Peyton 6 · 0⤊ 0⤋
Depneds on what happens in the next part of your life.. kids.. car ect.. that money will be gone in no time.. invest the money and lay low for awhile it will grow.. money comes and goes... no matter how much you have/make you will always want/need more.. it is evil .. you are young have fun now.. worry about money the rest of your life..
2007-03-17 05:37:29 · answer #2 · answered by skinnywayne 3 · 0⤊ 0⤋
Open a savings account and put a set amount in every pay period. (50%) You will save money fast if ya stick to it!!!
2007-03-17 05:36:44 · answer #3 · answered by SomeGuy 2 · 0⤊ 0⤋
no cause college cost just went up and you will pay a little more than what Im paying keep saving if you want to go to college
2007-03-17 05:36:42 · answer #4 · answered by lizziemoffles 4 · 0⤊ 0⤋