What Should I Do?

isaac.b

isaac.b

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so I'm 14, i live in Australia and currently work 2 jobs and make around $400 per week. I have a little over a thousand in savings at the moment, what should I invest this in and how, due to my age limitations? I'm also on track to make $2500 from affiliate marketing by march. My goal by the end of the year is to have $10,000 in savings, how can I reach this goal?
 
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Due to your age you'll probably need your parents to sign up a lot of legal documentation whether it be stocks or crypto I would start with either of those especially the latter if you have the risk appetite for it.
 
I wouldn't do nothing at the moment.
1,6k per month at 14 is great.
Keep up with your savings and try to learn before making further investments.
 
You can just keep going on and try to learn as many new skills as you can and to save the money for later when you are older. At the moment, you would need to have parents' approval for most of the things and you wouldn't definitely be able to join some affiliate network. The only approach that you could think of is opening a profile on some social media and promoting yourself there, but even for this, you'll be in control of someone older.
 
Scale your affiliate marketing efforts. You can make 10k from that alone. If you're already making money from that, you can make more.
Remain debt free and don't splurge on stupid things like most teenagers these days do. 10k is easy in 12 months as I'm assuming you don't have any rent or utility payments as of now.
 
Just save 50% of your monthly earnings and you should have good savings by the time you reach 18. You can either start a blog or forum and grow it until that time without expecting any returns. It'll grow into a full-fledged business and you can expand it later.
 
You're young.
Thus why I would recommend you invest in yourself more than anything else. Buy a good pile of non-fiction books and start reading.
 
Get some chill time mate , You are too young , Me at my 20s Getting watch dogs legion and play it over the whole weekend would be more then Everr !
 
I like your ambition ... if your parents agree and help you, you could create sites with long tail keywords and position them, create youtube channels ... visit the appropriate forum section and take action ..... fantasy is your only limit ...
 
Starblazer said:
Just save 50% of your monthly earnings and you should have good savings by the time you reach 18. You can either start a blog or forum and grow it until that time without expecting any returns. It'll grow into a full-fledged business and you can expand it later.
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This. Start working on a blog or website and put a bit into it here and there, you don't even need to spend it all. Save most of it, keep grinding, you're earning more than 99% of this forum.
 
Would like to know what jobs you do at 14 that pay $400 a week
 
VortexAlpha said:
You can just keep going on and try to learn as many new skills as you can and to save the money for later when you are older. At the moment, you would need to have parents' approval for most of the things and you wouldn't definitely be able to join some affiliate network. The only approach that you could think of is opening a profile on some social media and promoting yourself there, but even for this, you'll be in control of someone older.
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i said im on track to making $2500 this month from am but i dont get paid from it till march.
 
Nihilism said:
This. Start working on a blog or website and put a bit into it here and there, you don't even need to spend it all. Save most of it, keep grinding, you're earning more than 99% of this forum.
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i have for the last 2 years, i just have more money to put into them now
 
Borderless Hustle said:
Scale your affiliate marketing efforts. You can make 10k from that alone. If you're already making money from that, you can make more.
Remain debt free and don't splurge on stupid things like most teenagers these days do. 10k is easy in 12 months as I'm assuming you don't have any rent or utility payments as of now.
Click to expand...
yep thats the good thing
 
isaac.b said:
so I'm 14, i live in Australia and currently work 2 jobs and make around $400 per week. I have a little over a thousand in savings at the moment, what should I invest this in and how, due to my age limitations? I'm also on track to make $2500 from affiliate marketing by march. My goal by the end of the year is to have $10,000 in savings, how can I reach this goal?
Click to expand...
Congrats! That's very nice for your age.

You could start an affiliate journey to reach $10k in 2022 at 14 yo. Mention age in the title, I bet almost everybody will want to help you out.

You'll probably surpass your goal and also find good ways to invest.
 
blogmen said:
Congrats! That's very nice for your age.

You could start an affiliate journey to reach $10k in 2022 at 14 yo. Mention age in the title, I bet almost everybody will want to help you out.

You'll probably surpass your goal and also find good ways to invest.
Click to expand...
thanks i hope
 
Nice, i suggest keep hustling my bro, Australia is a great rich country, its very easy to make money there.
Your geo advantage is you have access to com.au domains, and are able to cater to australian businesses directly, be it to improve traffic etc.
A lot of businesses there are like 5 years behind, and ive known companies there that 80% of the workforce was just tender acquisition, 20% does the work, its madness..

I think what i would do at your age, is some form of arbitrage:
- Create a com.au (i think you need a business number to register that domain though)
- Use the email [email protected] to directly email niche or advertising businesses that require SEO, redesigns etc
- Partner or use Design services from the marketplace here or fiverr

Goodluck anyways bro
 
I appreciate you earn in this age, good going. Take a risk to achieve your goal. Learn more before making any investments.
 
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