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Showing posts from August, 2020

9 Ways To Make Money As A Teenager, From Part-time Jobs To Online Work

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  There are more ways than ever to make money as a teenager, and the opportunities are more flexible, too. Even though the spread of COVID-19 cancelled out some traditional summer jobs, like working as a camp counselor or at a public pool, there are still opportunities to make money while you're stuck at home doing virtual school this fall. From selling items on the internet to taking up a part-time job, here are some ideas to consider if you want to buy a car, save for college, or just pay for everyday expenses.  1. An easy way to make money as a teen? Find a part-time job  Part-time jobs can be as much or as little work as you want them to be, and for those looking to go the traditional route, this is a great way to do it. There are plenty of part-time positions available in retail and food service right now (including food delivery and prep). If these feel like safe options where you live, they may be worth considering. 2. Sell items on Depop or Poshmark Teenagers are changing t

How To Open A High-yield Savings Account Online To Earn Up To 100 Times More Interest On Your Money

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  Why should you carve out a quarter of an hour to apply for a new account and move over your money? To make more and save more. Online-only accounts often come with more favorable interest rates and fees. Compared to some nationwide banks, which can pay as little as .01% interest, some of the best online banks pay up to 100 times more interest, offering around 1%. And at the same time, they usually charge no recurring monthly fees with no minimum balance requirements. That's a big win for your money. Unless you have a job where you get paid in cash, there is no reason you can't go entirely online-only for your banking. But if you just want to start with a high-yield savings account like those offered by Ally, Marcus, or Wealthfront, you can follow these basics steps to get started. 1. Gather your personal information The first step with any new bank account is getting your personal information together. Banks are required by law to collect customer information. Expect to provi