Should i save money or should i enjoy spending freely while i can? How much should i keep in the bank?Im 18 and i just graduated high school. I live at home and pay no bills. I work at abercrombie (not a good job only get like 12 hours a week and its minumum wage) Yet im always trying to keep at least 300 dollars in the bank. Now im starting think it's pointless. I'm always stressed about money but my money... |
Hi Opiniona
Listen to me honey, first im glad that u have a good job and that u ar saving. But first let me tell you, look around honey, everywhere and everyone and every country is in huge financial situation. Ther isnt enough jobs and enough money, a lot of people ar poor and desperate and ur lucky you have it. One of the reasons why countries like america and england and greece ar in debt is becuz they spent too much and didnt save.
Trust me you will need this money, u will need it if you want ur own place one day wich you will, u would need it if you wanna get married and ur honey moon, u will need it if u have children and u would need the money to provide for them as well as their education and future, u would also need it if you want to for e.g. travel and incase u lost ur job then u can take some money out of ur savings and be able to pay for whatever ther is u need to pay for and things like maybe u need money desperatley for something then u can put ur hands in ur saving account and use it to pay for it. U will always need money, with ur wage make sure u spend half and save half but please dont spend all ur money in one go and make sure u do save its good if u do and is a huge benefit.
im only 17 and I only have £105 in my saving account, i dont hav a job coz I cant get one and my parents dont giv me pocket money, if they do which is sometimes i always put £5 or £10 in my saving account, I need to use that money to pay for university, driving lessons, car, house, wedding, my children, pension, travelling etc.
bye, I hope i helped and remember save.
I think you should save up a portion of every check from work you get so you would have money you might need in the future, I hope everything works put for you.
Good luck:)
-Save EVERY Nickel- You Can "while the Sun Shines " !!! Because $$$ is Power AND Security... And in an Insecure World, it's probably the ONLY "hedge" against a Difficult Future- that any of Us REALLY Have... :o
save money keep $263 dollars in the bank
save all you can. it'll help you later on. keep at least 90% of your paycheck in your savings account, the rest you can use for spending.
save money so it can help you in the future
