i got about $3,000 from my summer job, im 16, almost got my driving permit, thinking about going to college, and really want a PS3, which do i chose
or do i donate it to *giggle* charity (lol rofl lmao)
2007-09-01 03:28:53 · 8 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
You're going to want a car soon and the whole college thing isnt cheap. PS3s arent that crazy expensive though.. so I would buy the PS3 and save the rest
2007-09-01 03:34:57 · answer #1 · answered by madison5247 3 · 1⤊ 0⤋
Buy the PS3 - you worked hard and saved hard all summer, you deserve a reward! Save the rest for a car or for college... better yet, study ferociously from now on so you can get a scholarship to college and then buy a coolio car.
And since you giggled so much, give $20 to a reputable charity!
2007-09-01 03:42:02 · answer #2 · answered by mia 3 · 0⤊ 0⤋
Take it from someone who is IN college... If you start spending it, it will be gone before you know it. I say take out about $500 as spending money. Spend it however you want it, but put the $2,500 into a savings account at a CREDIT UNION! They draw more interest than regular banks, and when you are ready for a car or college (oh, and it's ALOT more expensive than you think... This year it's costing me $18,000, luckily though I have scholarships) it will be there. If you spend much of it though, when it comes time to put money on IMPORTANT stuff like the car or college, you'll be kicking yourself!
2007-09-01 03:42:37 · answer #3 · answered by Bamagirl2010 1 · 0⤊ 0⤋
First, buy a CHEAP car for CASH. By cheap I mean UGLY. You want transportation only. If this car impresses anyone, it will be a negative impression. If you have anything left, save for college expenses.
2007-09-01 04:54:23 · answer #4 · answered by STEVEN F 7 · 0⤊ 0⤋
Save it for college or go travelling or something. don't waste it on a PS3 or charity.
2007-09-01 03:33:37 · answer #5 · answered by Anonymous · 0⤊ 0⤋
You put it in a high interest savings account. Your parents can open one for you. ING is a good one and your money will grow.
2007-09-03 02:41:09 · answer #6 · answered by KathyS 7 · 0⤊ 0⤋
If you go to college you will help to secure future big monthly paychecks.
2007-09-01 03:36:45 · answer #7 · answered by Tony A 6 · 0⤊ 0⤋
unless you have you college fund (and there is never enough) covered i would put most of it away!!!
2007-09-01 03:46:00 · answer #8 · answered by mister ed 7 · 1⤊ 0⤋