Based on your own finacial background, what advice do you have for an 18 year old?
98172
so true but also learn to put away 10 percent or more of your paycheck and create an emergency fund so that if you lose your job or break your leg you can support yourself for six months without employment and when you gain employment get insurance and AFLAC so that you dont blow all your savings on hospital bills when you break your leg ;)
371136
Most people are taking a shot in the dark like im about to do, because you never told us your age and/or your interests. \n\nFirst off, if your nowhere near driving age then id  buy a really nice LCD TV(30-40 inches sounds nice), and even then you should have a couple thousand to play around with. \n\nIf your gettin close to, or over 16 years of age then drop that load into a savings account if your not driving yet, or if you are driving that would not only be a NICE downpayment for a car it could buy you a car all the way depending on how expensive you want to get.  If your happy with your current car and over 16 keep it in a savings account because you will need cash for an apartment/home, college, ect...\n\nIf you dont like my previos suggestions heres a list of other stuff to blow it on :P\n\nMP3 Player(go buy the best Ipod on the market hehe)\nPSP\nXbox 360\nPortable Dvd player\nDvd recorder\nSurround sound\nStereo\nTickets to your favorite Pro Ball game or Concert Tickets\nBuy a puppy :P\nI'm a guy, but it seems like chicks do spend a lot on shoes\n\nOr you could invest your money in the stock market, CD's (not music >.<, go to your bank to find out more), U.S. Savings Bonds, ect...
936233
It depends on your age, interest etc...,  go to a variety of banks and gather the information that best suits your needs, review the information and make your decision from the information gathered!  Also look up their websites!
247632
any age as long as you have the money
1130195
You can usually get one at 18.  Your monthly payment will be a percentage of what you owe plus any finance charges.
412682
18 is considered the age of legal consent.  Of couirse then you gotta pay bills, get a job, find a place to live, get food, figure out transportation, insurance, taxes, utilities and of course buying the stuff to put in the place your live like a bed but you are probably thinking cable TV, phone etc.  Those are nice to have too.  These are all things you would like but education is the key to getting all the stuff.  Start buy getting your high school diploma first.  If it is difficult at home there are places that help.
952368
as soon as he is mature enough to handle it & can support himself\nall my kids moved out at about 18/19 - 2 boys 2 girls\nbut I feel that unless there are extenuating circumstances then most definitely by 25 - prior to that if you are employed  then you should still be contributing to your keep at home;\n even if you are a student & on a limited income there are ways in which you can help out ; take responsibility for your own laundry; cook some meals; clean up after meals; mow the lawn;help with the housework - after all you contribute to the  "mess"  so you should be partly responsible for cleaning up.\ndo make sure that you ALWAYS tidy up after yourself.\nyour parents have done their job - it is now time for them to live their own lives again
1012257
here is my opinion but first here is my disclose sure\n\nAll opinions and comments are not be held againest me in any way or action. All views of investing1987 should be taken to a professionally for evaluation. investing1987 is not held labial for any action which you pursue. \n\n1. get a financial advisor\n2. if you are 18 or older you can get a scottrade account with a minimum of $500 account balance and buy and sell stocks. You can do far better than saving money in a bank. Even if you just hold for a while. You can also loose it all first read about the stock market before you consider investing and never buy on margin.\n3.if you get a 5% return in 1 year that is $500  but that is off of the full 10,000   you need to get a money market\n4.Talk to your parents about the financial worry\n5. save your money dont spend it on cars. Car are the number 1 waste!!!\n6.After you obtain a job then apply for a credit card with a limit of $500  and start with small purchases and build credit \n7. get student loans that you dont need to pay back until after college THEY ARE OUT THERE!!\n8. The federal goverment has grants which is money they give you that you dont need to pay back. Same with your state. Only thing is i beileve you need a job so keep your job until after you get the grants or switch jobs as long as your working.\n9. if you are not on the insurance with you family then you can apply for financial aid by yourself which would mean you would get more support.  You can still apply even if you are on your parents insurance but you may not get the same  :&#92;\n10.apply to scholarships even if they dont apply to you TRUST ME! if no one applys or your grades are better or you need the money more financial you can still potentially get it.\n11. apply to all amounts large or small think of it as free money.\n12.look for organizations that help with assistance they are different than scholarships they give you money on eathier a loan basisi or a grant style. THEY EXIST.\n13.use the internet for more scholarships THERE IS EVERY YEAR OVER 2 BILLION DOLLARS IN SCHOLARSHIPS THAT ARE NEVER AWARDED because no one applys\n\nI hope this help if you need more advice you can email me at investing1987@yahoo.com
737266
The day you turn 18, you can move out. Before that age, you would be considered a runaway. After that age, you are an adult and can make decisions for your own life. Your parents can no longer tell you what to do, but they also don't have to help you out with anything.\n\nWhen you hit 18, your parents responsibility for you ends. You can pack your bags and hit the road, never looking back, if that's what you want. On the reverse side, when you turn 18, your parents can pack your bags, put you out the door, change the locks, and never look back.\n\nWhat I would suggest is trying to talk to your parents and explain the need to establish yourself as an independent person. Be reasonable, be calm, and be respectful. In the end, it is your decision, but you don't want to do irreparable damage to your relationship with your parents.
1184909
Don't work for anyone. Start your own business and run it how you like. I'm 18 and I have already started my own business because I hate working for people. Now I make more money than people who are almost 30, and I'm happy.
182836
They should teach them about the responsible handling of money and credit cards because when I was 18 I went hog wild despite my parent's warning!  I just finished paying those off and I am 25.  I could have done a lot of saving in that time!
496561
hold a job. \ndon't get into any debt.\nmake good grades.\nif you live in an apt, pay your rent and bills on time.\n\n**WARNING**\nA CREDIT CARD IS VERY DANGEROUS. IF YOU DON'T HAVE THE SELF DISCIPLINE OR INCOME TO PAY THE FULL BILL EVERY MONTH, DON'T EVEN CONSIDER ONE. \n*****\n\nif you do get a credit card, call them and lower the credit limit to something small like $100 or $50.\n\nif you get into the bad habit of credit card use, you'll end up with worse credit than if you never had one.
106778
Take it from a guy who came up the hard way.  Stay in school.  Learn all you can at every opportunity.  Learn to do as many different things as you can.  When you get to be my age you'll be thankful you did!
773746
Think about some jobs you would really like to do when you're an adult.  If some are local you should see about volunteering at these businesses and talk to them about the possibilities of making some money after an agreed upon time.  Considering your age, a parent or adult could help get you in the door.  This volunteer time could help propel you to higher earning as a 16 year old if you find you like that line of work..It would also look good on college apps and resumes.
280302
why are you 18 and wanting to move in with a boyfriend?\nis there something at home your running away form, talk about it dont run. I understand the idea of living wiht a Love is tempting. \nStay in school and take care of yourself first. How about this, get your education, a real job and buy and apartment for yourslef. You say you cant afford one, work so that you can and get a nice one!\nAs for the 18th b-day thing, it seems like she is really drilling the school is important thing because...IT IS! \nThe mere fact that they have grounded you is enough to let you know that you are still young ( dont wait your time out). Parents dont groudn 21 year olds ( adults). only kids. \nstay home.
465169
You should be saving and investing, but if your goal is to be rich at 30, you need to establish and run your own business.  You need to find something to sell, a service to provide, something you can give to others, who will pay you!\n\nLearn business.  Not necessarily corporate finance, but day-to-day business planning, accounting, law, etc.  You need to know how to create a business plan, so people will finance you (lend you $$ to start).  \n\nBe prepared to sleep in your car.  Be prepared to be seen as a useless dreamer with no chance to succeed.  Be prepared that you will do everything right, and have it fail anyways.  It happens.\n\nYou may fail miserably, but this will raise your get-rich-by-30 chances from 0 (winning the lottery) to maybe 5%, maybe even 25%, who knows?
738468
I'm 48, and my long-term financial planning is a weekly lottery ticket.\n\nRenate, please tell me how you did it!