 Im 13 yrs.old what kind of job can i get to earn some money? |
| i need some money quick and i need the job before the 22 of ... |
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 How can teens earn money? |
Without a job i might add?
And no internet sites please :)... |
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 I have $150.. what should i spend it on? |
i need real suggestions! i just sold my cell and i have money and i don't know what to do. lol
should i just save it?
probs.
well, thanks!... |
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 Im 14 years old and I have 1000 to spend? |
| what should I do with it, (this 1000 is how much i have after giving to my church , relay for life, and other charaties, and after putting some away for college) please dont call me a spoiled brat, I ... |
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 How can you make some money if your only 12? |
| I'm 12 and need some cash for a phone. Know any jobs for 12 year olds?... |
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 Where would you be most likely to find money on the ground? |
| where do you think you would be most likely to find spare change laying on the ground?... |
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 I just inherited 10 million dollars, what should I do? |
| I'm thinking of burning 1 million in public just to piss people off. Anyone agree?... |
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 I am 15 and want to REALLY RICH. How do I do this!? |
Additional Details
I am currently 15 years old and I want to be really ... |
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 How can a 14 year old earn money (like $20) by tomorrow? |
| I know everyone has seen this question a million times but i never seem to find an answer that is possible for me to do. My parents are really overprotective so im not allowed to work for other ... |
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 I JUST GOT A EMAIL FROM A LADY IN AFRICA ASKING ME TO DEPOSIT HER INHERTANCE IN TO MY bank account? |
WHATS THIS ALL ABOUT
Additional Details
i no its a scam but how do they get your address and shal i ask for a check ... |
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| Can I go to a store and buy something in only pennies? |
| I want to go to a store i hate and buy a few things in only pennies, would they accept it? or do some stores say no because they don't want to count the pennies. isn't it legal? i mean it ... |
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Deano | What would you do with $50,000? |
I was in a car accident about 6 months ago and had a fracture in my lower back. I wasn't driving and I didn't sue the driver. My back is healing slowly and I’ll be 100% sometime soon. His insurance agents and my insurance agents came to an agreement and are giving me a $50,000 dollar settlement.
I’m 22 years old. I have a brand new car. As a college graduate I make a pretty decent salary for my age. I was wondering what someone in my situation would do with that kind of money. No stupid answers like "give it to me". I’m asking hypothetically. If anyone has well financial knowledge please give me some advice. Obviously I’m going to indulge, and buy a couple nice things for myself.
Additional Details
Okay for the people who are passing judgement on me like no other. The "brand new" car was a gift. I was fortunate and my parents bought it for me. This question was for financial advice and most of you gave me what I wanted to hear. To the slim few who misinterpreted what I was asking and started to criticize me hard, dont bother answering if your just going to waste your time making me feel like im young and dumb. All I wanted was good information about Cd's and retirment plans and some information about interest rates.
For the others who asked where I reside. I live in Queens, New York.
I appreciate all the people who took time to answer this question in full seriousness. |
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BZR
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Set aside the money you want to spend -- make a list, check it, review it with people to see if it's logical, and then take the remainder and invest it. Investing in land, paying off your mortgage quicker, etc are all good ideas.
You could also buy some mutual funds, stocks, or commodities and get a portfolio going. Maybe try buying a CD.
Municipal bonds are a good, low-medium yield (but tax free!) investment choice.
Finally you could put the money into an account for the future, maybe a Roth IRA or even a college account for your future kid(s) if you're planning on having any.
Definitely spend some, though. If you're getting 50 grand, then I think 5k or so would be fun to spend -- take a trip, buy some nice stuff for the house, etc. and feel good about putting the rest away. |
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rrcp
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If you have a fairly good paying job the just let it grow interest from the bank. Or put it in a CD. LOL Congrats Hope you finish healing. |
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Trish
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HONESTLY???
Take $5,000.00 and do whatever the heck you want.
Take $5,000.00 more and put it in your checking account as a cushion.....never hurts to have extra cash.
Take $10,000.00 and put it into a savings account.
With the balance........put some into a retirement account
and invest the rest.
Just what I would do IF I received $50 grand |
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Crapface
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You should pay off any credit card debt and invest the vast majority. Don't buy stupid things like High School Musical DVDs. |
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Kim B
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Invest it!!!! I would go visit a financial planner and put that away for retirement or for you to use later in life. You are still young - probably have marriage and kids ahead of you - and a nice nest egg like that would be great! |
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churchonthewayseniors
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........i would take 2 thousand, treat myself and my family to something fun...the rest i would put in a savings account and let it grow for you future... you have the start of a good nest egg for real emergencies.i would try to forget that i have this extra money......you are young and are doing good right now.so i would say you do not need to spend it away right now... |
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loudwalker
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Stick the max you can in a roth IRA for 07 and 08. Invest those IRA's in a low fee index fund like the vanguard 500. Whatever you have left, invest in a vanguard 500 mutual fund. Make sure you reinvest dividends. Then forget about it for 20 years. If you don't need it now, you wont miss it. At the end of the 20 years you should have over 200k |
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src50
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How investment-savvy are you? If you're not, start with a good book on the fundamentals of investing. Make up your mind to put a good percentage of the money into long-term investing so it can grow. Don't "overindulge." |
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elsie
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honestly, if you're already set, you should put it in a high-yielding savings account if you don't need it.
i don't know the details, you should talk to a financial person.
but then you'll be set for life. |
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Stuck in HB
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I would start with a CD.....and keep reinvesting... |
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bethany.
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put like $5,000 in a high rate CD at your bank & let it just grow interest. [or more than $5,000]. if you don't necessarily need it then don't blow it all- put in a bank. |
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meggowaffles
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Well most people would indulge them selfs with something nice too. If I were you I would Save part of the money for a reteriment fund or some fund that would help you if something bad ever happens.
I hope i helped |
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DISCO Strangler
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Invest it and turn it into a million dollars in a very few years......be careful, good luck and don't spend it foolishly. You could have it made for the rest of your life young man.... |
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jim mc
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invest in real estate! or go to vegas and bet on the red sox!!!! |
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Steve P
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You need to begin to build wealth. This is your seed money.
If you have debt, consider paying it off. If the funds won't cover the debt, use as much as possible, but keep a few thousand back for emergencies.
Invest what you have in a good, growth stock mutual fund with a 10-15 year track record. Try and get a 12% + return. Keep in mind that, using the rule of 72, you can compute how long it would take to double your money 72 divided by 12 is 6. Your 50K would double in 6 years. At age 28, you would hvave $100K, at age 34, you'd have 200K.
Think long term and act your wage. |
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VATreasures
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You should take 4K and invest immediately in a ROTH IRA. Then at the beginning of the new year you should make your 2008 contribution.
If you want further education a 529 would be a good idea.
If you do not need money for further education and think you will be in the same area for 5 years, I would think about buying a house. I would look for a place that you can rent out for the mortgage payment in case you move earlier than your time frame. |
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Brenda
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I would definatly invest it. |
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Yea, u know da name
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u friggin bought a car?! omg that was not wise...
what ur supposed to do is take the 50k, make a business and triple the money every other month. or spend it on stock and invest it so it can grow |
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E M
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I would pay my car off and all my credit cards. Decrease my payments for everything I could and save that money instead. |
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Jane
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I know I'm being boring, but I should keep the majority of it for when/if you have financial difficult in the future, you'll be thankful when your there. |
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Greg S
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Spend no more than $5,000 on fun stuff, use the other $45,000 to pay off any outstanding debt first, and then invest the max you can into an IRA. Use whatever is left to create another avenue of income, could be investments, starting a side business, real estate whatever floats your boat. |
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jessie
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Invest it.
Save alot for ur futur and ur retirment fund. |
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The Dallas Convicts
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Put it with my other money! |
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Dany
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First of all... I'd put 3/4 of it to the bank. Spend all of that, for whatever u like, and the rest that is in bank... wait till it's gonna be really big amount |
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pete421
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you could grant me 13thousand! just kidding. if i had it, i would get out of debt completely and then invest it or stick in a high intrest savings account and leave it alone! |
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CSmom
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That money should be put into an interest bearing account. If you injure your back again, the insurance could claim pre-existing condition, and make you pay out of pocket, so that settlement money is there to take care of future problems with your back. I would not spend a dime of it. I would do just as I suggested above.
Many people sue Insurance Companies and Work Comp thinking they will get rich, and never have to work again. That is the stupid thing to do. The money you make in a lawsuit like that, is supposed to be there to take care of any future medical problems related to the injury, because most regular medical insurance or medicare will not pay for a re-injury of that same area.
10/26/07 10:00am: I hope I didn't offend you, I didn't mean to insinuate that you got the money in a lawsuit or anything like that. I was just giving an example of what can happen when some people get money from an accident related injury. I have seen many people get money like this and blow it on frivolous things, and then re-injure themselves, only to get their care denied by their health insurance because it is considered a pre-existing condition. If you don't re-injure your back in exactly the same place you will be ok, or if it is a very long time between injuries, then your ins may pick it up. I would definately put the money in some type of interest bearing account, that you can access if you need to in the event of a re-injury. It's better to be safe than sorry. You sound like a very intelligent insightful person, and I commend you for wanting to do the right thing with your money.
Best of luck to you, and again, I apologize if I offended you. Just trying to give some helpful info. |
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D
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INDULGE? Already you're planning on pissing it away. Well that's a 22-year old for you. So you have a brand new car? So what? That "brand new car" will be junk in 6 years. If you had any financial sense, you'd know that cars depreciate, not appreciate in value. Yes, as a college graduate you may earn a pretty decent salary - as long as you can work.
So you think you'll be "100%" sometime soon. Maybe. So you'd better put the money in the bank in a savings account and KEEP it there. Why is it burning a hole in your pocket already?! Are you so impatient to start spending it? What if you DON'T get back to 100% soon or ever? I am so sorry to hear that you let the insurance agents determine your amount and your fate; you should have had an attorney guiding you and of course they didn't tell you that! What if you have back problems for the rest of your life? I know to a kid like you it sounds like a lot, but if your back is affected for the rest of your life often amounts are closer to $160,000. You could easily go through $50,000 just in one year due to doctor appointments or prescription meds. Sure, at 22 you have youth and a strong body on your side -- now. Watch what happens in a few years. This fracture can trouble you later.
DON'T touch the money. You may well need it later down the road. If you absolutely must spend it on something, why not put it down on a house? That way, if eventually you become disabled, at least you will have a roof over your head.
Signed,
20 years experience with a fiance who's had 5 back surgeries inluding a fusion |
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sac78930
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I would go to any of the primerica financial service office in New York and let them help you find the best way to invest your money so you can turn a 50,000 investment in to a million dollar by the time you retire. |
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drzdenizen
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Option 1
I would put a down payment on a multi-family house, live in one and rent the rest out (hopefully you dont live in CA, because real estate is expensive there)
Option 2
Take a stock option course and invest 50% of that money in stock options and put the rest in an index fund. |
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marcus
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your favriote shops |
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fluffernut
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Since it takes about $50,000 to get started with an investment program, I'd do that. You already said you have a pretty decent salary, let this be a good start to financial stability.
Problem is with getting some high end electronics is next near it will be obsolete or some jerk will break in and steal it. Or your house will burn down. If you really must part with some of it, travel. Go to Australia and see Ayers Rock. It's suppose to be some guy thing anyway. Go swim with the sharks. Swimming is good for bad backs. |
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