6 answers
Trey
Student
Lakeland, Florida
1
Question
Asked
618 views
How do i make enough money to pay my bills I’m only 16?
I’m 16 living on my own having to pay my own bills what do I do .like how do I make enough money to pay for the bills I’m only 16 living a hard life I just need some friendly advice on wht to do
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6 answers
Omani Gilliam
Business Executive | Opening the Doors of Power & Influence for Lasting Inclusive Change. Cross-Functional Doer & Cross Silo Collaborator | CFO
20
Answers
Austin, Texas
Updated
Omani’s Answer
Hi,
Thank you for sharing your story. What I recommend is starting a plan. Secondly, I recommend you speaking with someone as myself, that cares and can help you with this plan. Sometimes in life we can have the mindset but we need to be vulnerable enough to admit, we need help with the vision and plan. I commend you on your strength and perseverance to be 16 and actually have some form of income. Please give yourself a lot of credit because many can't sustain on their own at your age pay even one bill, in part they do not have the experience in handling adult priorities.
Remember below:
Goal: Define your specific objective(s).
Tasks: List what needs to be done.
Deadlines: Set due dates for tasks.
Responsibilities: Assign what does what. Remember every dollar has a specific assignment. Best advice I received from a mentor in college. That is how the wealthy stay wealthy.
Resources: Identify what's needed.
Risks: Plan for potential challenges.
Monitoring: Track progress.
Communication: Specify how to stay in touch.
Adaptation: Be ready to adjust if needed.
Records: Keep a record of everything. Exercise caution, prioritize safety, and protect yourself always for a long and fulfilling life. Place your trust in people's actions, not just their words
One step at a time. You got this!
Warmly,
Omani
Thank you for sharing your story. What I recommend is starting a plan. Secondly, I recommend you speaking with someone as myself, that cares and can help you with this plan. Sometimes in life we can have the mindset but we need to be vulnerable enough to admit, we need help with the vision and plan. I commend you on your strength and perseverance to be 16 and actually have some form of income. Please give yourself a lot of credit because many can't sustain on their own at your age pay even one bill, in part they do not have the experience in handling adult priorities.
Remember below:
Goal: Define your specific objective(s).
Tasks: List what needs to be done.
Deadlines: Set due dates for tasks.
Responsibilities: Assign what does what. Remember every dollar has a specific assignment. Best advice I received from a mentor in college. That is how the wealthy stay wealthy.
Resources: Identify what's needed.
Risks: Plan for potential challenges.
Monitoring: Track progress.
Communication: Specify how to stay in touch.
Adaptation: Be ready to adjust if needed.
Records: Keep a record of everything. Exercise caution, prioritize safety, and protect yourself always for a long and fulfilling life. Place your trust in people's actions, not just their words
One step at a time. You got this!
Warmly,
Omani
Jacob Taylor
Production Manager
521
Answers
Stafford, Virginia
Updated
Jacob’s Answer
I'm sorry to hear that you're facing such challenges at such a young age. It's important to prioritize your well-being and financial stability. Here's some advice to help you navigate this situation:
1. **Seek Support:** Reach out to a trusted adult, family member, or mentor for guidance and emotional support. They may provide valuable insights and assistance during this difficult time.
2. **Part-Time Job:** Look for part-time job opportunities that fit your schedule. Retail, fast food, or local businesses often hire teenagers. This can provide a steady income to cover your bills.
3. **Budgeting:** Create a budget to track your expenses and income. Identify necessary expenses like rent, utilities, and groceries, and cut back on non-essential spending.
4. **Education:** Continue your education if possible, as it will open up better job opportunities in the future. Many schools offer financial aid or scholarships.
5. **Government Assistance:** Investigate if there are any government programs or local organizations that provide assistance to young people in your situation.
6. **Save and Plan:** As you earn money, save a portion for emergencies or future goals. Planning for the long term is important even in difficult circumstances.
7. **Explore Freelance or Gig Work:** Depending on your skills, you could explore freelancing opportunities online or offer services like dog walking, yard work, or tutoring in your community.
8. **Stay Safe:** Ensure your living situation is safe and stable. If you're struggling with housing, consider contacting social services for assistance.
Remember, you're not alone, and there are people and resources available to help you through this challenging period. Stay resilient and focused on your goals, and things can improve over time.
1. **Seek Support:** Reach out to a trusted adult, family member, or mentor for guidance and emotional support. They may provide valuable insights and assistance during this difficult time.
2. **Part-Time Job:** Look for part-time job opportunities that fit your schedule. Retail, fast food, or local businesses often hire teenagers. This can provide a steady income to cover your bills.
3. **Budgeting:** Create a budget to track your expenses and income. Identify necessary expenses like rent, utilities, and groceries, and cut back on non-essential spending.
4. **Education:** Continue your education if possible, as it will open up better job opportunities in the future. Many schools offer financial aid or scholarships.
5. **Government Assistance:** Investigate if there are any government programs or local organizations that provide assistance to young people in your situation.
6. **Save and Plan:** As you earn money, save a portion for emergencies or future goals. Planning for the long term is important even in difficult circumstances.
7. **Explore Freelance or Gig Work:** Depending on your skills, you could explore freelancing opportunities online or offer services like dog walking, yard work, or tutoring in your community.
8. **Stay Safe:** Ensure your living situation is safe and stable. If you're struggling with housing, consider contacting social services for assistance.
Remember, you're not alone, and there are people and resources available to help you through this challenging period. Stay resilient and focused on your goals, and things can improve over time.
Juan Sebastian Castro - MSBA
Financial Analytics
3
Answers
Tampa, Florida
Updated
Juan Sebastian’s Answer
Hello there! The first crucial step is for you to establish a budget. Take a close look at your monthly or weekly expenses and identify areas where you can potentially save more. Then, compare this with your income or the budget you've allocated for spending. If you find that you have some extra money, why not set up a regular amount to be transferred into your savings?
This advice might sound quite broad, but it's an excellent starting point. Wishing you all the best on your journey to financial stability!
This advice might sound quite broad, but it's an excellent starting point. Wishing you all the best on your journey to financial stability!
Alejandro Cardona
Financial Advisor
7
Answers
Weehawken, New Jersey
Updated
Alejandro’s Answer
Hey Trey,
I'm genuinely sorry to hear about the challenges you're facing at such a tender age. But remember, there are numerous ways you can empower yourself. Start by ensuring your mental health is well-cared for, then progressively work towards achieving financial security.
I'm not certain about the laws in your area, but in my state, there's always the option of part-time employment. This could be in a restaurant, a grocery store, or a retail outlet, among other places. When I was about your age, I found myself in a similar situation and managed to get by with after-school part-time jobs. If you show enthusiasm and dedication, any employer will be eager to have you on their team.
Don't hesitate to seek help from your community. This could be your school, your local town council, government aid programs, or even local charities.
Above all, remember to keep an optimistic outlook even when times are tough. It may seem like your situation is worsening or never-ending, but always remember, there's a silver lining to every cloud. You're not alone in this, and with time, things will definitely get better.
I'm genuinely sorry to hear about the challenges you're facing at such a tender age. But remember, there are numerous ways you can empower yourself. Start by ensuring your mental health is well-cared for, then progressively work towards achieving financial security.
I'm not certain about the laws in your area, but in my state, there's always the option of part-time employment. This could be in a restaurant, a grocery store, or a retail outlet, among other places. When I was about your age, I found myself in a similar situation and managed to get by with after-school part-time jobs. If you show enthusiasm and dedication, any employer will be eager to have you on their team.
Don't hesitate to seek help from your community. This could be your school, your local town council, government aid programs, or even local charities.
Above all, remember to keep an optimistic outlook even when times are tough. It may seem like your situation is worsening or never-ending, but always remember, there's a silver lining to every cloud. You're not alone in this, and with time, things will definitely get better.
fasiuddin mohammed
Software engineer
1
Answer
Irving, Texas
Updated
fasiuddin’s Answer
Hey Trey, it's disheartening to hear about your predicament.
I'd suggest reaching out to a senior family member or a trustworthy adult in your community for assistance. They might provide you with some valuable guidance.
Aim to cut down on your expenses wherever possible to make them more manageable. Also, consider seeking out a job that offers stability and a consistent income to help you cover your bills.
Don't forget to set aside some time to further your education or acquire new technical skills. This could open doors to better job opportunities with higher pay, making it easier for you to handle your monthly bills.
Lastly, always remember to be grateful for what you have. May divine grace be with you, easing your troubles and guiding you through this challenging time.
I'd suggest reaching out to a senior family member or a trustworthy adult in your community for assistance. They might provide you with some valuable guidance.
Aim to cut down on your expenses wherever possible to make them more manageable. Also, consider seeking out a job that offers stability and a consistent income to help you cover your bills.
Don't forget to set aside some time to further your education or acquire new technical skills. This could open doors to better job opportunities with higher pay, making it easier for you to handle your monthly bills.
Lastly, always remember to be grateful for what you have. May divine grace be with you, easing your troubles and guiding you through this challenging time.
Alireza Poostindooz
financial consultant
41
Answers
Isfahan, Isfahan Province, Iran
Updated
Alireza’s Answer
One of the most important aspects of becoming financially independent is having a reliable source of income. When you are 16, there are limited job opportunities available to you, so consider exploring the following options to earn some extra income:
1. Taking a part-time job
2. Dog walking / pet sitting
3. Babysitting
4. Tutoring
5. Freelance work such as writing, web design, and social media management
6. Selling items online (through Facebook marketplace or eBay)
7. Yard work
8. Mowing lawns
9. Snow shoveling
1. Taking a part-time job
2. Dog walking / pet sitting
3. Babysitting
4. Tutoring
5. Freelance work such as writing, web design, and social media management
6. Selling items online (through Facebook marketplace or eBay)
7. Yard work
8. Mowing lawns
9. Snow shoveling