Sunday, January 16, 2011

Back (Again)

Hello,
I have returned to the world of Stylish Teen Stockbrokers! I haven't updated in a very long time... But now, I will begin to elaborate on my plans:

1. Net Worth $5000 by 2013: I want to have $5000 in CD's, cash, and in savings/ checking accounts by July of 2013. This is my first "3-year plan". Unfortunately, I've fallen quite far behind in my goal as I have been focusing on school. (It kills!) It's a new year, so now I will jump back on the metaphorical bandwagon!

I plan to do so by:

1. Doing online surveys: Sites like Toluna, Valued Opinions, Synovate, and Opinion Outpost have reasonable surveys to do. I've already cashed in twice for $40! Even though that's only .8% of my total goal, every little bit counts.

2. Simply asking for money for gifts instead of material objects. I cost my parents enough as it is and it is important for myself to be more down-to-earth.

3. Babysitting. I'm not sure how I'll start doing this, since I have no idea how to get references, but I'll try it out and see how it goes.

4. Adsense online: Hubpages and blogs are great for creating small passive revenue streams!

5. Entertaining: Sometimes, there will be small musical events throughout the year in our community. Often, they pay $100-$200! Even just for teens like myself, this is a great way to make some extra revenue.

6. Typing: I might expand onto this later, but the idea was to become a typist/ word processor and charge per page. I can easily make $100-$200/job this way. The key is to not take on so many jobs that it interferes with my schoolwork.

Friday, July 16, 2010

Teens

Every teen nowadays needs money. Whether it be cold, hard cash or deposited in banks- hopefully earning interest- or even in the stock market, we all need money.

After opening my first bank account (Chase high school checking account) and then moving the majority of my funds to a 2 year CD with American Express, I've embarked on an ambitious financial journey. After reading "Smart Women Finish Rich", I've decided that it's time to start on my own 3-year goal.

My goal? Reach $5000 by July 2013. More details to come!

Join me as we navigate through personal finance and explore money-making opportunities-- and perhaps learning some frugality and even. bit of style. Hopefully, by the time of my goal's end date, I will not only have accomplished my goal but also have the knowledge of a "stylish teen stockbroker".