Im 13 and I wanna be successful in life so I wanna start saving up money

im 13 and I wanna start saving up money I cant do any of that basic stuff like babysitting or lawn mowing cuz all the neighbors have perfect lawns and always do it themselves..all the kids in the neighborhood are like 11 and older...i really wanna earn and save some money for later on my mom already said when I get enough she will open me a savings acount
blackninja
Asked Aug 26, 2010
Child labor laws don't allow anybody to hire a child under 16.

The best thing you can do right now to insure success in your life is to do your absolute best in school. Take the time to do a little research. Look up the difference in the average lifetime pay of a college graduate, a high school graduate and a high school dropout then divide the differences by the time you will spend in school.

A good student's pay is great, you just have to wait a while before the paychecks come rolling in.
Rob
Answered Aug 27, 2010
Edited Aug 27, 2010
Thank youu
Start a paper round to get some money in then and save it, never never never ever get a credit card or loan, they are evil.
booby
Answered Jun 16, 2011
Saving money will get you nowhere what you must learn to do is understand money as a commodity, interest as a cost. For instance, if you borrow 100,000 to buy a property and it costs you five thousand to service the loan, assuming you have bought well and the property increases in value by ten percent you have made 5000 profit.

THe same can be said of share portfolios, learn to understand the way to wealth is not by saving, but by renting the money other people save, and the interest you pay is rent. You dont want to own any asset, you only want to control its income. Never borrow money to buy toys like cars tv,s etc that is what keeps the poor poor.
toodgs
Answered Oct 23, 2011
If you aren't in a really crude economic situation I'd suggest you not to start working on anything but to live and, in the course of the time, experience things you like and you could end up working at so, eventually, you'll find something that won't be just an employement but a vocation. However if you want to have a lot of money you should aim to something you know has a brilliant present and a stable future which will probably require tons of studies to someone/some company at it to hire you or you to be succesfull as autonomous.
If you get a work only looking for money you'll get up everyday thinking 'only x days before summer...' and the quantity you gain will probably depend on how stressing is your work. If you work with vocation you'll probably get up everyday 15 times more satisfied and happy and if you are good at what you like to do, you have still the posibility to earn tons of money with it depending on what's it.
clusterfut
Answered Jan 25, 2014

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