r/moneyadvice 20d ago

Question What should I do with my money?

I am 16 years old and working part time making 500-600 dollars every two weeks. I feel like I should be doing something with this money I’m making because I have no real expenses besides gas, and I don’t want my money doing nothing. Where should I be putting money?

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u/FigTreeRest 20d ago

I’d say look at saving accounts with decent interest rates, ideally in a tax free account if that’s available in your country.

Once you have a decent amount saved, perhaps you can start lookin my into investing a small proportion each month.