My kid just got $1000
6/30/05, 09:11 PM
#21
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An old man once told me that if you ever start saveing money, you'll want to save more and more. It did'nt make sense to me at the time because I blew every penny I got my hands on. But as I have gotton older I have found that it is true.......the more I save, the more I cant wait to make that next deposit. BTW.........sounds like a great kid, donateing to charity and giveing to her lil sis. She's a typical Mississippian......generous to a fault, I read somewhere that per capita folks from MS donate a higher percentage of their income to charity than any other state.
6/30/05, 09:16 PM
#22
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Your right about wanting to save more. Ever since I started saving mine Ive been wanting too keep breaking mile stones. My first was $500 then $600 and now $1000. Dont know when Ill reach it or if I ever will. You will want to keep saving.
7/1/05, 10:19 PM
#24
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Saving is tough unless you have a longterm goal in mind, all this shortterm things are so fun though.
So as long as she gets a little bit of both it's be great.
So as long as she gets a little bit of both it's be great.
7/1/05, 11:07 PM
#25
Originally posted by southern_stang_girlee@June 30, 2005, 10:29 AM
My oldest daughter, who is 13, has been in Louisiana at my dad's house. Well, last night she went to see my grandmother and they decided to go to Bingo. (There you have to be 12 to play)
Well, she won the big pot -- $1000. She donated $20 to the Eye foundation that was holding the event.
I spoke to her last night and she said she was giving her sister (10) $100 to spend as she chooses and shes putting $50 in their 'Money jar" (They each have one) without her sister knowing about that.
All she wants to buy is a purse (shes 13 lol) and maybe the hand held PS2. Should I make her save the other money? Or let her go hog wild???
Shes very excited!
My oldest daughter, who is 13, has been in Louisiana at my dad's house. Well, last night she went to see my grandmother and they decided to go to Bingo. (There you have to be 12 to play)
Well, she won the big pot -- $1000. She donated $20 to the Eye foundation that was holding the event.
I spoke to her last night and she said she was giving her sister (10) $100 to spend as she chooses and shes putting $50 in their 'Money jar" (They each have one) without her sister knowing about that.
All she wants to buy is a purse (shes 13 lol) and maybe the hand held PS2. Should I make her save the other money? Or let her go hog wild???
Shes very excited!
7/2/05, 06:29 AM
#26
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Originally posted by UA2k1GT@June 30, 2005, 9:48 AM
i would actually have her open up a GMAC money market account. They earn over 3% and just let her watch the money grow.
www.gmacbank.com
i would actually have her open up a GMAC money market account. They earn over 3% and just let her watch the money grow.
www.gmacbank.com
Why not a Ford Money market Account. It's been very good to me.
For Week Beginning June 27, 2005
Amount Invested Ford Money Market Account
Rate Yield
Up to $14,999 3.64% 3.70%
$15,000 to $49,999 3.79% 3.86%
$50,000 and Above 3.94% 4.01%
http://www.fordcredit.com/moneymarket/index.jhtml
7/5/05, 11:01 AM
#27
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Well, just to update on the money.... shes spent about $125 on herself. Shes a typical 13 year old girl, so she bought a couple CDs, some clothes and a purse.
She gave $100 to her sister, and she only spent $42 of that
So, she still has a little over $700 left. She said that she will save that amount. I think she did well---
She gave $100 to her sister, and she only spent $42 of that
So, she still has a little over $700 left. She said that she will save that amount. I think she did well---
7/5/05, 12:12 PM
#28
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Originally posted by ISELLFORD@July 2, 2005, 6:32 AM
Why not a Ford Money market Account. It's been very good to me.
For Week Beginning June 27, 2005
Amount Invested Ford Money Market Account
Rate Yield
Up to $14,999 3.64% 3.70%
$15,000 to $49,999 3.79% 3.86%
$50,000 and Above 3.94% 4.01%
http://www.fordcredit.com/moneymarket/index.jhtml
Why not a Ford Money market Account. It's been very good to me.
For Week Beginning June 27, 2005
Amount Invested Ford Money Market Account
Rate Yield
Up to $14,999 3.64% 3.70%
$15,000 to $49,999 3.79% 3.86%
$50,000 and Above 3.94% 4.01%
http://www.fordcredit.com/moneymarket/index.jhtml
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