 How long should you keep a work paystub in your files? |
| I have collected my bi-monthly paystubs for the 8 years that I have worked. Needless to say my filing cabinet is in bad need of a clean out/shredder party. Is there any benefit to keeping the ... |
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 Question concerning my 401k money? |
These are tough times for just about everyone. I know that many of you who answer this question will try to convince me not to do this but......I do have a few questions:
1) I have about $1... |
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 I need a job! I'm 14 (almost 15) and I'm saving up for a car. HELP!? |
| Ok im 14 almost 15 and i need a job. NOT just baby sitting mowing lawns etc. A JOB! MCDONALDS doesnt let 14 or 15 yr olds work there so if you had a job at 14 or 15 tell me about it thanks!... |
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 Is it a scam or not? pls help? |
| i received an email from this woman from west africa that she wants me to place her 5,700,00 US dollars in my account and will get the money when she will stay permanently here in the philippines. S... |
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 Is there a type of card that I can add money to so that my daughter can only spend it on food? |
I don't want her spending it on drugs or alcohol, but i have no way to manage it myself.
Additional Details
Shes on disability for mental problems, so she can't work in order ... |
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 How can earn money from online? |
| Please help, I just need genuine ... |
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 How to improve my bad credit history? |
i have tried getting store card and mobile contracts, but i ger refused all the time.
i did owe a company some money and after few months i did pay in full.thid was about 3 yrs ago.
what ... |
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 What happens if u dont pay your bills? |
| bills like credit cards and things like that. not utility ... |
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 I need 80 dollars but im 13 and my neighborhood is bad? |
| yeah i have an ebay account and i wont sell drugs although everybody in my ciy probably takes ... |
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 What is the best way to get rid of a car loan, I can no longer afford ? |
| I will have to start working part-time, due to a medical issue concerning my family.... |
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 About gas prices and the rising costs of living....? |
| Everything is so expensive and the prices keep going higher and higher. Don't you believe that with all these companies making big profits that they should raise our wages? What you earn for ... |
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 If I am offered a retirement plan at the age of 18 (401(k)) should I start saving right away? |
| Is it better to save early? I am making min. wage (7.50) an hour and working around 16 hours a week, with more hours in the summer. What should I do?... |
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Guest | How much should an 18 year old have in his bank account? |
Just curious...about how much should the average 18 year old have in his bank account?
Additional Details
I live with my parents. I pay for my own school and books (community college). I have about $5,500 in the bank right now. Should I have more? |
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Will B
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If they make the money themselfs i dont guess there should be any limit! |
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brkshandilya
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As much as you can.Try to save at least 10% of your income and deposit in your account regularly. |
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Honest2afault
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if you have anything at that age in the bank your ahead of the game, well unless your rich. |
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IT
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5500 is ok... for now! |
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Beach bum
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If your parents are filthy rich, they'd probably gave you like 1000 bucks a month and you'll probably could save like 1 2 hundreds.
If your parents are poor, they'd probably gave you like 300 bucks a month and you'll probably spent all and have no savings.
So what kind of parents do you have? |
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Smartass
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Honestly, anything is better than nothing for an 18 year old.
Keep saving! You'll be glad you did one day! |
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financial planner
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If you're still studying and very dependent on your parents, then you dont need any bank account yet. But if you're a working student, then you should maintain a modest amount approximately 5k a month. Or an amount where you feel comfortable with which we call it a "buffer cash." |
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pertinential
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I wasn't given a bank account until I was admitted into college. However, once my bank account (that was planned by my dad years ago) was revealed to me, there were several thousands for college tuition.
If you're doing fine with your $5500, you have enough. As long as you're sure you don't spend it all without thinking. |
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Toledo Engineer
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I'm 23 and I always tried to have about 2000 for an emergency that i wouldnt touch unless it was extremely important. I figured that that amount would cover just about any car problems, or if i came up short on tuition. For example, if i had 2100 in the bank, i'd tell myself that i had 100 to work with. I used it purely as a back up plan.
But with that amount that you have, you are in good shape. You seem to be doing well with money, so you may want to establish some credit, but dont go overboard. Nothing big, just like a $500 limit card that you can easily pay off each month. I just started earning credit and i feel like i'm way behind already. |
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Vi3tPimp
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Well my parents give me $20 a week.. somehow i manage to save up to 6K.. |
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sunny-d alright!
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I agree with Beach Bum. It depends completely on your parents. If they've helped you out, you'll have some money. If they haven't, then you either have no money, or you have money from loans, so you're in debt anyway. It all depends, but there's no amount that an 18 year old SHOULD have.
When I was 18, I had probably $400. If that helps... |
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