What are some financial goals I should set as a teenager?
An example of an AI chatbot conversation about financial goals for teenagers.
What are some financial goals I should set as a teenager?
As a teenager, you can set goals like saving for college, building an emergency fund, or starting a side hustle.
How much should I save for college?
Aim to save at least 10-15% of your income, and consider setting a specific target based on your college choice.
What’s a good way to start saving money?
You can start by opening a savings account and setting up automatic transfers from your checking account.
Should I invest my savings?
Investing can be a good option if you have a long-term goal. Consider low-risk options like index funds.
What if I want to buy a car in a few years?
Set a specific savings goal for the car, research its cost, and create a budget to save a certain amount each month.
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