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Where could I put 110 grand so My parents could not find it ??Im not eighteen for a long while so THE bank is not an option, if i bought a safe they would open it periodically just to see what was inside, there very intrusive and uptight mind you.

2007-07-23 03:05:55 · 30 answers · asked by Thornton&Thornton 1 in Business & Finance Personal Finance

I know about the IRS so dont worry I am currently 16 and I turn 17 in october. I am not about to send you my "hard" earned money, im not stupid thats the reason I have the money in the first place

Talk to me here www.myspace.com/bigfy21

2007-07-23 04:27:42 · update #1

30 answers

i would spend it that way they will never find the money because it will not exist anymore, you are under 18 so i would suggest double-bubble and video games, maybe a watch so when you go to jail you will know how much longer until you get out
seriously though, how does a kid get 100Gs without thier parents knowing and/or without being killed from so many drug transactions

and if you didnt get it all at once, shouldnt you of been thinking about this a long time ago

but more seriously get it all in hundreds to take up the least amount of space, that will be 1000 bills, get them very tightly bound together and hide them:
1) If you have a desktop computer in your room, open it up and put the money inside it, but make sure that it is not touching the fans or your processor, because thats not a good idea
2) If you have a car, there is most likely some removable panels (i.e. the plastic that covers your door, whatever covers your car jack or spare tire, sometimes trunks even have them so that it will look symmetrical when you open it up), find one in your car even if it takes some work and some screw removal and hid it there
3) put it in a black bag that is very tight around the money, remove the air conditionig vent in your room and put it back in there, make sure it is out of sight, if you have to put it farther than you can reach then attach string/rope/wire to it and put it back that far, then just make sure that you can reach the string/rope/wire
4) you probably can open a bank account or get a safety deposit box, go to the bank and ask, i would suggest the safet deposit box because then no-one but you knows whats in it
5) unzip a bean bag if you have it and put it in there
6) remove the lowest drawer on your dresser and put it underneath that drawer, then replace the drawer
7) duct tape it to the underside of a drawer, but if you do this, make sure it is firmly attached, you dont want it to fall off when someone opens the drawer
8)make a fake bottom to a desk drawer, remove the bottom piece, or replicate it, then if you removed it, then replace it with something else, put your money there then cover it with teh piece you removed, if you replicated it then put you money on the drawer that still exist then cover it

i have some more but these are the best, i would go with 1, 4, or 6

2007-07-23 03:30:45 · answer #1 · answered by camo4213 3 · 0 2

How in the world did you get 110 grand legally? You said you're not 18 for a long-time, so I would be honest with them and tell them about the money. At least they can help you invest it and hopefully that will pay for college for you. Also, you might have tax implications in regards to the money depending on how you got it.

2007-07-23 10:20:48 · answer #2 · answered by Anonymous · 1 0

Well i work in a bank in Canada and here you don't need to be 18 to have one, I am sure it is the same where you are from. Actually being under the age of majority will most likely get you a kids acocunt which wil be free. My suggestion is go to your closest bank and open an account, at least ask you got nothing to loose.

2007-07-23 10:11:28 · answer #3 · answered by Andrew P 4 · 0 1

Four options and one question:
1) I have a bank account that earns high interest.
2) Stash it next to where you keep your weed.
3) Talk to your parents' bank consultant and tell them your situation. They may be able to help you set up a kid's account without your parents knowing.
4) You might as well tell your parents since they probably know better than you on what to do with so much cash.

How the hell did you get 110Gs?!

2007-07-23 10:12:19 · answer #4 · answered by jasonr_lau 2 · 1 1

Attic is the best spot if anything. Another option at 18 is to find someone who will invest and broker it. That kinda money they wont have a problem and by law they have to keep it quiet BUT ull owe tax.

Again Backpack, and hide it in the attic. Find a broken board or something.

Why the attic? NOBODY ever goes around LOOKIN in the attic for hidden spots. OR hide it in the insulation in the attic.

2007-07-23 10:09:48 · answer #5 · answered by Anonymous · 0 1

In a school book. Under a carpet. Taped in an envelope to the back or underside of a dresser or desk. In a secret safe. Between your mattresses. Underneath a computer tower. Behind a picture. hidden behind pictures in a photo album (broken up into smaller chunks, of course). in my pocket?

Seriously, do I get paid for this? haha, I'll give you more ideas, but it might cost ya :D

2007-07-23 10:23:33 · answer #6 · answered by Avillie 4 · 0 1

110 grand? Not going to be 18 for a long time yet? Wow, you must be doing something illegal otherwise your parents would know about it. Do you suppose your parents want to see what kind of trouble you are heading for?

2007-07-23 10:20:44 · answer #7 · answered by Anonymous · 1 1

Find someplace in your house that will be easy to get to since you are probably going to need the money to post bail when you get arrested for whatever it is you are doing. Your parents will need to have access to it then. But, then again, they might just let you rot in jail and take off to the Caribbean for a second honeymoon.

2007-07-23 10:16:57 · answer #8 · answered by arkiemom 6 · 1 1

How in the world did you get 110 grand??? THAT is the real question.

2007-07-23 10:08:19 · answer #9 · answered by April W 5 · 1 0

follow the Democrats like William Jefferson, and just hide it in the freezer. It sounds like you did something illegal, for someone under 18 to have $110k, you are either lying, it's illegal, or inherited, but I doubt inherited otherwise you probably wouldn't be hiding it from your parents.

2007-07-23 10:09:54 · answer #10 · answered by Anonymous · 1 1

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