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Need advice only from the MATURE?

19 y/o kid who has 300k cash & makes 60k a year is he going to have a great future?

He's single & has no kids to worry about so he's motivated

GOD BLESS & SAVE THE HATING TO YOURSELF


    




torankusu
Single you say? /wink

Kidding.

Sounds like he's off to a really good start. I think the rest depends on how well he manages his money.


Poopypuss
If your smart you'll do well.

Invest the 300K and hope for raises on the 60K.


Another Censored Enigma
Advice: You need Marla the Mistress.

Although, I think, women can appreciate a man with money, there is NOT many women that want to be with a man that defines himself by his money.


Jackie
Rating
With the economy like it is, I hope he still has the good paying job in a few years. If he's smart he will stuff some of that money in a savings to assure he will have a decent future, in case bad times fall on him.


Meems
Rating
Who knows? He could blow the 300k on crack and wind up dead in a gutter. It takes a lot more to have a good future than money.


TROJAN
Rating
My advice is to put most of the 300k into a high interest savings account which is kept secret from any lady that might come into your life.
You are single - this is your money - so I don't see that any woman has a right to any part of it as part of a divorce settlement.
Sorry ladies, but this is fair. Would you want an estranged husband demanding half of something you owned before he even entered your life?


But Inside I'm Screaming
Rating
Chances are at age 19 with money and income like that, he's a drug dealer....so no, his future is not great.


Shannon
As long as he stays single and childless.


pat z
It all really depends on what he wants. Certainly, he's already more than comfortable financially. But, as The Beatles said, "Money can't buy you love."
Things are just that: things. And there's a big difference between riches and an enriched life.


Tim
The amount of money you have doesn't really predict what kind of future you will have.

The future you have today, isn't the same one you had yesterday, nor is it the same one you will have tomorrow. At 19, you don't have any idea of the curves that life is going to throw at you. Unfortunately, no one can tell you anything, your going to have to learn it for yourself.

Good Luck, to make your money last and grow - get a financial adviser. Your going to have to pay for it - but free advice form friends and family is worth exactly what you pay for it.

Have fun with your taxes, keep paying them, work hard. Millions about to retire need you!


hepmom
Sounds like trouble. Too much, too soon. Not to mention, at that age, I am guessing he didn't work for it. Nope, too much potential for trouble there.


nora
Rating
if you know how to save and invest you can have a great future. but next time try another section, this is for marriage and divorce


Steve-O In AZ
Rating
I don't know - not enough info. Should be, unless he develops a coke habit and the 300k goes up his nose.


anthony
If he knows how to spent it i would say so unless his an idiot and blows it all off in parties and stuff.


Katie M
It depends. If he is mature and knows how to save/invest his money he will probably have a comfortable future. I've known people who have inherited a lot of money only to blow it within a few years.


ashar ali
he ll have a great future because his income is great


Diedre Meers
Rating
probobly, if he spends his cash wisley.


dvnt1
Rating
Possibly. If "he" learns to save his money and not waste it on crap or invests it wisely. Also, money is great and all but it doesn't buy love or happiness.


JD
Having money now doesn't guarantee you'll have a great future... what you do with that money may though.

You're really lucky, I do wish I was in your shoes. I have $150k in student loan debt. Take that money and invest. Real estate has nowhere to go but up so that's a good start.

Good luck





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