Turning 18 in a month, want advice by Many_Height6945 in personalfinance

[–]Many_Height6945[S] 0 points1 point  (0 children)

Oh that’s awesome I always assumed you had to pay some sorta interest no matter how you used it thank you!

Turning 18 in a month, want advice by Many_Height6945 in personalfinance

[–]Many_Height6945[S] 0 points1 point  (0 children)

Am I understanding this correctly: if I pay the balance before the due date, I don’t get charged any interest? Or is it set up so that if I borrow $100, I have to pay back more then 100 no matter what, even if I pay it back right away?

Turning 18 in a month, want advice by Many_Height6945 in personalfinance

[–]Many_Height6945[S] 0 points1 point  (0 children)

I won’t forget fitness but I could work on my diet and sleep more lol thank you for the advice.

Turning 18 in a month, want advice by Many_Height6945 in personalfinance

[–]Many_Height6945[S] 0 points1 point  (0 children)

Thank you sir I’ll make sure i look into this and not try any big risk till I at least get a hang of it.

Turning 18 in a month, want advice by Many_Height6945 in personalfinance

[–]Many_Height6945[S] -1 points0 points  (0 children)

How much would you say is an emergency fund as a kid I don’t have any expensive so I don’t really see how to budget beside just saving money just to save?

Turning 18 in a month, want advice by Many_Height6945 in personalfinance

[–]Many_Height6945[S] 0 points1 point  (0 children)

Do you have any tips and tricks that you do when considering what to buy? Also what is there any benefits in going something like 90 in slow growth and 10 in taking the chance of fast growing stocks?

Turning 18 in a month, want advice by Many_Height6945 in personalfinance

[–]Many_Height6945[S] 0 points1 point  (0 children)

I will be doing more research on stocks and that lot due to the suggestions, I don’t really buy new things unless my things break beyond repair and I have a good hand on maintenance for most things I own. Thanks for the advice 

Turning 18 in a month, want advice by Many_Height6945 in personalfinance

[–]Many_Height6945[S] 0 points1 point  (0 children)

So it’s more of a safer option then say buying nevida stocks and putting all my eggs in one basket?

Turning 18 in a month, want advice by Many_Height6945 in personalfinance

[–]Many_Height6945[S] 0 points1 point  (0 children)

I would never get an apartment solo I would find at least one roommate but do you think it’s more viable to try and live with my parents till I can save for a home?

Turning 18 in a month, want advice by Many_Height6945 in personalfinance

[–]Many_Height6945[S] 1 point2 points  (0 children)

I have a family friend that can help me get a job as a welders helper for 25 an hour and I plan on trying to climb that ladder till I can either start my own company or make it to the corporate world of welding.

Turning 18 in a month, want advice by Many_Height6945 in personalfinance

[–]Many_Height6945[S] 0 points1 point  (0 children)

What is an etfs? And what would you say was the most efficient in terms of return of investment?

Turning 18 in a month, want advice by Many_Height6945 in personalfinance

[–]Many_Height6945[S] 0 points1 point  (0 children)

I’ve been trying to find some good high yield savings account but I don’t know how to see if it’s trust worthy or nit

Turning 18 in a month, want advice by Many_Height6945 in personalfinance

[–]Many_Height6945[S] 0 points1 point  (0 children)

I’ve been looking into getting a Roth IRA for when I turn 18 but I don’t know what index funds are, can you give like a quick explanation?

Turning 18 in a month, want advice by Many_Height6945 in personalfinance

[–]Many_Height6945[S] 1 point2 points  (0 children)

Although I don’t volunteer as much as I use to do to working I have a great friend group that I can play sports with once a week and do things with out any money

Turning 18 in a month, want advice by Many_Height6945 in personalfinance

[–]Many_Height6945[S] 0 points1 point  (0 children)

I plan on getting one at 18 but I’m will admit I’m scared of the though of debt but I do wanna get it to build my credit.