I was told this was a better place to post this. Also before I start this please don’t upvote. I really don’t want people to think I’m using my parents death as a way to farm karma.
I’ve recently lost both of my parents and I am moving into my cousins house. I just enrolled into my new school and need to think of a financial plan. I am very responsible with my money but need advice from more experienced people. I don’t want my aunt to really have to adopt me and pay for all my stuff. I need to be financially independent. All I have is a around $400.
I’m thinking of working at a place my friends recommended me that pays 11 an hour. I have no car so I need to be able to afford a motorcycle or something cheap to get around in. I was thinking to invest my money in repairing salvage cars and sell them for more money that way i’ll be able to own a nicer looking car and be able to make some money off of it. I’m trying to start learning how to invest stocks and forex. I have been repairing apple products and selling them for a lot of profit. I think this will get me started but I don’t know how I’ll do in the long run. Will I be able to go to college?
I also have to learn taxes, insurance and bills. Sounds like a lot of stress becoming an adult so abruptly.
I need to turn $400 into $1000 and the into $10,000 effectively and quickly. ANY advice and tips are greatly appreciated.
Edit: I also totally forgot about my dog. I’ve been with her everyday of her life and cared for her by myself. I don’t know what to do with her. I can’t give her up, I would never forgive myself. My aunt wouldn’t like having another dog in the house because their dog is not friendly with other dogs.
Some people asked in my last post wondering about inheritance and such, I let my older sister get most of the remaining stuff because she could take care of my 2 younger siblings. My parents also never paid off the house and the bank wants most of the inheritable stuff to be able to pay that off.
A lot of people are also telling me stock market is a bad idea. I guess I will take that off my todo list as it does sound a lot like gambling now. The social media really made it sound like a good investment to make profit.
Submitted August 28, 2018 at 09:21PM by Reddit_Unfairness https://ift.tt/2N5gdVr
