free2be
 |
get a bank account at ING BANK. u can check them out online. even if you have to open a account by mail. ING pays 4.75% compound interest every quarter...$550 x .0475=26.125 total balance $576.125. and in the next 4 months the 4.75% is multiplied against the new balance again totaling $603.496. so by letting your money sit there for 8 months u gain about $50... your money gets paid to be the 'slacker' check out the banks in your area. SMALLER BANKS compete differently than the BIG BOY BANKS. Some banks offer checking accounts to teens. Find Out their rules so you can plan ahead and be very responsible so you can avoid all the penalties that some of us 'old geezers' get hit with.
Or spend a fixed amount for that 360 fun and bank the rest.. STOCKS?? check out Motley Fool in the bookstore too..they teach how to learn and invest in stocks without getting ripped off and how to manage you money and not be played as 'The Fool.'
and bankrate is an excellent source too.
if u spend on consumerables that consume...pay as you go phone...you spend you money twice as fast. |
|
chriswtj
 |
Well, being older than you, I would suggest to save half of it and put it away for a new laptop. But my first response would have to be.... whatever you want! |
|
Gregory
 |
condoms and lube |
|
green78250
|
save some and get a tv or some games for your 360 |
|
The Burro
 |
A sweet skate board, snow board, music, do the right thing when you're 14, have some frickin fun! How about taking some honey to the movies, or for 550, several different pimp girls, make your friends jealous. Just don't waste it on dope, booze, or, well hell everything else should work |
|
Kjo
|
SAVE IT! keep it in the bank, and get intrest on it, then when you get your lisence buy a car! |
|
ADINA
|
I THINK YOU SHOU LD SPEND IT ON YOU AND IF U HAVE A BOYFRIEND BUY HIM SOMETHING TOO |
|
nastyboy
|
get a vacation......go to san juan puerto rico....its great |
|
Hippyghost
|
Put in a 529 plan for college |
|
Ellen
 |
Get a pay as you go phone and DvD player and thing like that |
|
S C
|
save it and invest in the stock market |
|
Ashley
 |
Open up a bank account and save it. Learn to save your money and you'll be financially set for the future. It will grow interest wise and it is good to start saving up money now so that perhaps you can save it up for a car or your college education. |
|
rb_cubed
|
Put $500 in a bank savings account and leave it there for 6 years. Spend the other $50.00 on DVD's, and enjoy |
|
champ
|
buy playstation3.heard its worth it |
|
just_me
|
send it to me, I'll take care of it for you |
|
YA! 4ever
|
put it in an e-gold account. |
|
redirishactress
|
Save it for college! |
|
oharakage
|
games movies well some thing you like (not a laptop) but something else |
|
hood edna
 |
spend it on girls and they might spend something on you if you know what i mean |
|
~∂Їβ~
|
Some for clothes and music, but the majority SAVE IT!!! |
|
Charlotte
|
At 14 you really can't use it for much but buying that one thing you have been saving for. Example maybe an ipod or best idea....
use it to take a trip across seas! AKA you save it and earn about 500 more and your there in Europe! |
|
| |
|
Homepage 
Financial
Forum 
Small Business 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
