Make your money work

Written By: Teen Money Expert Stuart Fleming on August 12, 2009

Economical money tip #21

Helping you get your head around money, these tips are thrifty in size: 50 words or less for financial literacy!

Make your money work

Is the bank not paying you enough interest for your wealth account? Bank fees eating your savings? How about lending money to cash-strapped friends at a reasonable return? Start your own small business. Investigate term-deposit options. Buy some shares. Weigh up the risk but get that money working!

Ashley Stasher

One of the Money Mindset Mob - helping teens get their head around money

Tags: interest, teens and money, wealth