Q&A: How can I start saving money for college….?
Apr.12, 2011 in
Student Aid
Question by Michelle: How can I start saving money for college….?
I’m 13, and i dont have a job yet, I plan to get one when i am 14. I get good grades so i might get a scholarship for college when i am older, but i want to start saving now. My family isnt rich or anything, so they cant just whip money out of their pockets for college. I want some ideas of how to get money, and strategies for saving money. Thanks.
Best answer:
Answer by Ham8888888888
Spend less.
What do you think? Answer below!
April 12th, 2011 at 9:53 am
I know exactly where you are coming from. I have no help from my family paying for school, I am doing it all on my own. What i did to save up a lot is took a certainpercentage from each paycheck [once you have a job] and put it in a separate savings account. Don’t be tempted to spend it because in the long run it will be totally worth it. Also, when you get into high school and start looking into colleges, look to see the statistics on how much financial aid the students usually get. I hope I helped and good luck!
April 12th, 2011 at 9:53 am
I was hurt in accident and years later after i could walk.started painting address numbers on curbs and driveways for folks.i have done in my spare time maybe 40.000 of them in 22 years .i average making twenty dollars an hour now that i have learned how to talk them into letting me do it for them.Its basically a night time number so the pizza man or God forbid the ambulance driver can see their number well so they want miss the house, get someone.a friend. to go with you since your a little girl.go to nice neighbourhoods.you can make in a few hours what you would working a minimum wage.job.all day.if you want to do this e mail me and i will tell you all about how to do it.Good luck with whatever you decide to do.keep your dream to go to college
April 12th, 2011 at 10:28 am
being that you r 13, try doing odd jobs here and there, like walking people dogs, washing cars,etc. if you save 50 dollars a month for the next five years you will have 3,000 dollars not including your regular job. That is 3 years for college books right there. you could save 5,000-8,000 by the time you go to school Make sure you get good grades in High school. Start applying for college in the( 11 th grade, Spring semester). You will get a scholarship.
April 12th, 2011 at 10:46 am
Well once you turn 14 you can try babysitting. If you are serious about college take 50% of the money and put it in a savings account. I suggest putting it in a savings account with a credit union, they have higher interest rates than most banks. You will need your parents help to open that account. Once you save $1000 put it into a CD, it will gain a lot of interest and you will not be able to spend it for a certain period of time. Good luck and its great that you are starting early!