I'm currently a senior and it's that time of the year to do college applications here's the thing both of my parents are deceased. I do have a legal guardian which is my sister but we agreed that as soon as I turn 18 she won't help me with anything. She wants me to start fresh but the difficult part is that fafsa is asking for financial information so I don't know if I should put her information since we had agreed that she wasn't going to be involved as soon as I reach my "adulthood" age. I'm confused
Answers (1)
College is no place to be if you are confused in any way. Get a simple job and a cheap pad within walking distance. That is so you don't have to waste your money on transportation. Save half of everything you earn. Yes, half. To start, keep your savings in gold or silver coins which you do not store in anybody else's vault. (IOW hide them at home.) Spend your evenings studying investment books at the public library. When you are smart enough then you can make other investments. If you earn ten bux an hour and save half, in only ten years you will have A HUNDRED THOUSAND BUX not counting interest or capital gains or paper profits: only principle. There is no other plan that will give you a net worth above zero in only ten years. And there is no school that will teach you any such thing.
Does this plan work? Andrew Carnegie worked five years, saved his wages, and then put it all into a tech stock: telegraph. You might have heard the name. His hobby was building concert halls and libraries.