What to Do and Not to Do with Money at Age 16

do with money at age 16

“Hey, 16 year old Derek. You’re not as smart as you think you are! Sure, you just bought that truck with cash and you recently got a job at that swanky golf course…but you’re going to make some serious money mistakes. And, there are some other things you’ve never done with money that I sure wish you had! So listen up!”

What to Do and Not to Do with Money at Age 16

Ahhh if only we could go back in time! We could undo our wrongs and improve on the things we did right.

Obviously, that’s just not possible (yet), so this article is for all you 16 year-olds out there! If I were in your shoes again, what would I do differently with my money? Let’s start with what not to do…

Don’t Do These Things 1) Don’t Waste Your Money on Technology

When I was 16, I . . . → Read More: What to Do and Not to Do with Money at Age 16