Although I am missing a good title, an interesting thing we did today is we looked at investment. Investing is when you put money into an account and the account (over time) generates more money than what was put in it in the first place. Investing with more risk grants a larger return but investing with less risk gives you return with less of a chance of losing everything. Its a great way to make money by literally doing nothing (in a sense).
It makes sense to invest early, you have a few more years to fix your mistake before you retire. You could invest $50 now (which is around 10 lattes if I recall) in a high risk fund and eventually degrade the fund till it is a far safer investment. Oh, and 401ks/IRAs are always a good option once you get employed (Starbucks is surprisingly generous for a national chain, especially compared to Walmart).
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