Would need a lot more details to anser this question. Is that in U.S. dollars? What part of the world are you in? Do you still live at home? What are you providing for yourself? Ect?…
Where you live is kind of important information. 16 in a rural area is great, but in California it’s not so great. I have a friend who is 25 and makes $28 and hour with no higher education. He was in the army though, and now he is a GS worker.
While increasing your savings is good, multiplying your money through smart investments feels great - there are lots of opportunities out there and you can be successful if you're arming yourself with the right information.
Where to start?
If you're going to try your luck on the stock market or trading options, first start by learning the basics and delay as much as possible buying real positions. One way of getting hands-on experience with the markets is through online trading - either forex or binary options are good learning grounds and most online brokers offer trial accounts free of charge (if you're wondering what are binary options, 24option.com has very good resources on it, besides offering a free practice account and a wealth of information about binary trading in general). Final warning for the very eager: binary options are exotic financial instruments; real trading involves substantial risk of monetary loss.
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Would need a lot more details to anser this question. Is that in U.S. dollars? What part of the world are you in? Do you still live at home? What are you providing for yourself? Ect?…
You’re doing good. Treat it like a bill and make payments every month. My wife and I i’ve been doing it for 35 years.
probably better than 95% of people under 30
umm REALLY GOOD!
as a recent graduate your doing good
As an egotistical bragging douchebag your doing GREAT.
Where you live is kind of important information. 16 in a rural area is great, but in California it’s not so great. I have a friend who is 25 and makes $28 and hour with no higher education. He was in the army though, and now he is a GS worker.