Should I Start Saving Up For Gas And Insurance?

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Im only 13, 14 in a few months. but since the economy has been so shitty lately, should I start putting some money aside for it? My mom is giving me her super cool car when im 16, but of course i have to pay for gas and insurance on it. Plus any tips?

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Comments on Should I Start Saving Up For Gas And Insurance? Leave a Comment

February 27, 2010

?Lady2? @ 8:04 pm #

Definitely start saving. When I turned 16, I got my first real job, and would save $100 a pay check and bought at least $50 worth of things I would need for when I moved out. So by the time I moved out, I had 90% of everything I needed. (Shower certain, pots/pans, dishes and so on)
So, whether its for your car or for when you move out, it will be worth it!
??Female??

Stasiya ? @ 9:58 pm #

Maybe for now, since your still young, perhaps you could put a little bit to the side, and the other half, spend it on yourself, have fun a little.
Once you hit the legal age for work though, start working at Mcdonalds or something, it’s not as bad as many make it out to be, when you’ve got a job, saving up money is so much more easier, you’ll feel more independant and you’ll have a savings account, and seeing $400+ in your account is a great thing to see :) It’ll encourage you to save

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