I don't really need money right now, but just so that I always have some I put 3 of my 8 dollars a week in a savings wallet that I don't use.
How do you save money?
Or do you spend it all?
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I don't spend my money, so i got a really nice amount saved up
I'm planning to buy a car when i hit 16.
Last edited by awesomestickdude (2011-06-27 22:25:09)
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I put mine in a bank account to accumulate interest.

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High interest bank accounts are good. If your parents let you, shares can be a good way too. (Not at the moment though if your in it for the short run.)
Go to the bank and hand over a note demanding that they let you deposit $3 a week.
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cheddargirl wrote:
I put mine in a bank account to accumulate interest.
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Oh yeah, 'cause it really helps that the Fed has killed the interest rate. The best rate you can get for a 5-year CD is around 2%. I got around 5% five years ago.
...and interest for a savings account is terribly low.
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Zelda123 wrote:
cheddargirl wrote:
I put mine in a bank account to accumulate interest.
![]()
Oh yeah, 'cause it really helps that the Fed has killed the interest rate. The best rate you can get for a 5-year CD is around 2%. I got around 5% five years ago.
...and interest for a savings account is terribly low.
it's still interest; low or not.
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what-the wrote:
Go to the bank and hand over a note demanding that they let you deposit $3 a week.
Lol.
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I just save my allowance whenever I get it, keeping only a small part on my wallet for spending... I have very little saved now though, since this year I bought an electroacoustic guitar (which I want to sell now but my mom doesn't want me to :c ) and a fuzz effect for my bass.
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cheddargirl wrote:
I put mine in a bank account to accumulate interest.
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Same here.
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i don't really make money, so I just have a wallet that always sits in my room with all the money I get for birthdays or christmas.
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J0j2 wrote:
Have a bat mitzvah. XD
lol and if he's not jewish?
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