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Old 07-03-2008, 07:18 PM
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E150GT E150GT is offline
I'm a chicken
 
Join Date: Sep 2006
Location: SAN ANTONIO, TEXAS
Posts: 1,148
Quote:
Originally Posted by MTI View Post
Okay, then it's a short term account. Find a savings account or investment account with the appropriate term and have the money automatically taken from your paycheck or whatever account the paycheck lands in, so you won't really have to do anything about it.

Savings is a great habit and the power of compound interest is amazing. They should teach it in schools.
They definitley should teach it in schools! The only thing is, is when you are 18, you know more than the adults do and kids probably won't take good advice anyway. At least I didn't.
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