What is the best thing i can do with $750?

Question

LEMME EXPLAIN THE SITUATION BEFORE U ANSWER!

-i am 14 and i have been saving for a very long time

- i do not want to put ALL of it away in the bank, but i want at least some in the bank

-school just ended

-i have a big, open yard

-i live by a river, so a guess a used jet ski would be cool, if i can find one for that amount of money

- these are the things i have been thinking of, but still give other suggestions:

used ATV

used jet ski

used go-kart

x-box 360

Answer 1

ATV over go kart anytime.

Answer 2

Not sure why you are asking that question in cars and transportation.

Frankly you'd be better off to put the money in savings and let compound interest do its thing, but it's yours to do as you please.  I can't begin to guess which option you'd like best.

Answer 3

go on a cruise!!!

Answer 4

save it for a down payment on a car.

when your ready ask your parents to buy you a car.

then when they say no. ask them to help you with a down payment.

and when you have $2,000 you can look for a car in the $4 to $6K range.

Answer 5

don't get an atv..i knew a kid who died on one...you can get an XBOX-360 and play online with other people..you could get a basketball hoop..an older car in good condition..

Answer 6

well make sure that whatever u spend it on that ur gonna love it take care of it.  it would really suck to make a 750 dollar mistake    i would keep savin cuz u might be able to buy a car when ur able to drive

Answer 7

I'd forget about spending it now.  You'd be better off with a short-term certificate of deposit (CD).  The Fed should be raising interest rates within 6 months on the heels of a strengthening dollar.  After they do, rates should improve and you can roll it into a new CD to be ready for you to purchase your first car.  That ATV doesn't look as cool when you're driving an 85 powder blue and primer hatchback to school.

You can use this website to find the best CD rates in your area: http://www.bankrate.com/gookeyword/rate/...

This is all based on the premise that you'll be paying for your first car.  If mommy and daddy will be buying it, go for the ATV.

Answer 8

ATV.

My buddy has that and he just loves it.

Good Luck...

Answer 9

It depends if you want to live in the moment or plan for the future. I really can't tell you what to do with your money, but if it were my money I would take $500.00 of it and invest it in stocks. Then in a few years when your ready to drive a car, you may have made enough on your investment to buy you a new car.