A few days ago
Anonymous

Good way to save? help?

Is this a good way to save?

I’m 16 years old. I’ve done online school for about a year, I love it, yes I still have my friends from public school – and now I get to graduate early, yay 🙂 ha.

But anyways. I have two jobs. I work at dollar store – and get paid 450 a paycheck (two weeks). And I’m a office clerk, at this place called Alexco, and get paid $250 a paycheck (two weeks)

I was thinking, my paycheck that I work at the dollar store (450 a paycheck) I would save for college.

Then the Alexco paycheck (250 a paycheck) I would spend 125 on my car payment, and the other 125 on clothes and mac makeup (future makeup artist)

What do you think

Top 3 Answers
A few days ago
Gypsy

Favorite Answer

Excellent. Now, instead of a savings account could you put the extra money in a term deposit to mature when you are ready for college? That way it is out of reach and probably earning a higher rate of interest.
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A few days ago
fokelore
Wow! I’m amazed that you make so much money, and are also willing to save it! That sounds like a brilliant plan, as long as you know you arn’t going to crack (like I would :P) and dig into your savings if you see something you want that you need just a little bit more money for.
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A few days ago
Rocky Patel
Well good job .

I like your Idea!!

Best luck!!

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