Question:

What should i buy with my new money?

by  |  earlier

0 LIKES UnLike

a ds game and accessories , a make up bag, a outfit, a i-pod accessories???

 Tags:

   Report

3 ANSWERS


  1. u should save


  2. How about re-investing your money and make more?

    I'm still 17 but I always saved my money and invested starting from 15. I started off with 1,000 $ and I have 18,000 $ now. Thats 18X increase in two years.

    Don't waste your money on those yet. Get rich and do it.  

  3. As a CPA and financial adviser, my advice will always be the same boring thing:

    Pay off highest interest loans. If you have no loans, put money into your RRSPs. If you have no more deduction limits there, pay off an extra portion of your mortgage. If you've maxed your mortgage payment amount (there are limits to extra amounts one can pay off) buy flow through shares ( a great wealth preservation tool to save on taxes). And if that's maxed out go on vacation :D

Question Stats

Latest activity: earlier.
This question has 3 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.