(no subject)
My mom has decided that since I'm not eating at home or around much anymore (school, work, with friends, etc. Spending my own money.) that she is going to take $100 out of the Social Security checks that she gets for my care (My dad is disabled.) and save it until I turn 18. Thats only going to be about 400-500, but thats a nice chunk of money that I get when I come of age.
Should I ask her to put it in a short term bank account so that it can gain interest for the couple of months, should I ask her to get a CD sort of thing for me that will collect interest? What should I do? I want to get the most out of this little extra chunk of change that I'm getting so that if I ever need it sometime in the future it's there for me + interest.
And, seeing as I got such an eyeful because of my age last time, MY MOTHER WHO IS NOT A MINOR WILL BE MAKING THE ACCOUNT, FOR ME. Just to clarify. Haha.
Should I ask her to put it in a short term bank account so that it can gain interest for the couple of months, should I ask her to get a CD sort of thing for me that will collect interest? What should I do? I want to get the most out of this little extra chunk of change that I'm getting so that if I ever need it sometime in the future it's there for me + interest.
And, seeing as I got such an eyeful because of my age last time, MY MOTHER WHO IS NOT A MINOR WILL BE MAKING THE ACCOUNT, FOR ME. Just to clarify. Haha.