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2007-05-29 12:38:43 · 5 answers · asked by xoxLouisexox 2 in Business & Finance Personal Finance

5 answers

LOL - what, you expect your fairy godmother to fly by and give you a million-dollar inheritance the day you turn 18? Not gonna happen, sweetie.
If you want to be rich, you gotta work for it. Even those you were born rich have to manage their money wisely, or it will disappear before their eyes.
Develop smart spending habits now - save a certain amount of your income, learn how to balance your checkbook, calculate why carrying a balance on your credit card is the dumbest idea ever, etc. Go to your local library and check out books dealing with "personal finance." Develop good foundations, and that will keep you well-off for life.

Remember, there are no guaranteed get-rich-quick schemes: most are rip-offs, and all carry a great deal of risk.

2007-05-29 12:49:30 · answer #1 · answered by teresathegreat 7 · 0 0

Get rich quick = get broke quick. 80% of all lottery winners are bankrupt within 5 years. You are basically asking to win the lottery. If you spend less than you earn and put $100 a month in a decent mutual fund, you will have over $1,000,000 in 39 years. If you start at age 18, by age 65, you would have over $3,000,000

2007-05-29 20:34:08 · answer #2 · answered by STEVEN F 7 · 1 0

This question just sickens me. I have a friend who is just like you. Only she is actually willing to work for her money, since she'll have to. Shes picking college courses right now by finding a career where "she can get alot of money", and thats just sad.

Put money into savings. Thats all I can say. Or hope that one day you will find a long lost relative that left you savings when they died. But your better off just saving money.

There is way more to life then money, and hopefully you'll grow up one day and realize that.

2007-05-29 20:08:39 · answer #3 · answered by ME 2 · 1 0

I think everyone would like to know the answer to this question...

2007-05-29 19:46:37 · answer #4 · answered by Jessica R 1 · 0 1

You better give it more time than that.

2007-05-29 19:43:56 · answer #5 · answered by happy 1 · 1 0

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