Just wondering how other people are making some extra money on the side from their savings? I am 20 and saved up ₤20,000 and I'm saving around ₤1,800 a month, seems having it in a bank is totally pointless as I want to put it to use, options seem to be investing in property or stock market. Since I am only just starting out I think property is safer(?), just wondering if any people have any experiences with buy to let or buying property off plan that they would like to share?
How to make money?
- Thread starter inferno
- Start date
I need to know this. I'm 20 and have about £500 in the bank.
EDIT: I echo the comment below me too tbh.
Caporegime
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- 28 Jun 2007
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- Tamworth, UK
whats the secret? you must be in a really decent job at your age to put aside £1800 a month
Associate
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- 28 Dec 2009
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- Cheltenham, The Shire
Invest in wine...... You might laugh but you can get an increase on your investment of 25% and there's no tax on it, or so I'm led to believe from a guy I know who deals in it.
Don't really see the point in savings at the moment, I have a bit in the bank but it's just sitting there accumulating meagre interest. It's nice to have a safe reserve and may come in handy later in life...but its so boring not doing anything with it!
This.
And to answer the question in the OP, consider:
Two 600W HPS lights, a few meters of mylar, and a few 3-gallon pots.
No longer an option for me, but always a good earner
1. Make "How to make money?" thread on internet forum.
2. Ignore asinine comments.
3. ????
4. Profit.
Soldato
- Joined
- 19 May 2005
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- 6,897
My guess is a large chunk will be from inheritance, If not kudos to you.