Hi, Im 13 years old and I have recieved 2,000 from my county. My mom wants half of it, which leaves me with one grand. I was just wondering if there was any ways I could make my money grow, fast, and efficiently. I want to have extra cash before school starts, in August. I didn't want to go blow my money away like most teenagers would, so I want to have even more money than I do now. Much thanks, ~Pixie~
You can open a CD, or a high interest rate savings account from ING Direct or E-trade, but whatever you do, you aren ot going to end up with a lot more money by August. The way make money grow is commiting it long term.
go buy stuff from wharehouses and sell em at the swapmeet..electronics sell faster by the way...jsut dont put all ur money in at once
You should put it in an IRA or CD but your not going to get anything by August, it takes a little longer.
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