How long does it take for a 16 year old making minimum wage save up for a car?
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Eric L
I just got Hired for a Shitty Job, and Im working there part time, Im not sure of the hours ill be recieving or anything but Im looking to save up for a car before January. Im looking for a shitty used car around 5 grand
 who? |
You can buy a lot of cars that aren't shitty for $5k so spend your money wisely... There's no way to answer your question. You didn't tell us what country you're working in so we don't know what minimum wage is, we don't know how many hours you'll be working, we don't know if you have dependents or how many exemptions your claiming for taxes. All of these affect how much money you will make and how soon you'll be behind the wheel of your new car. |
.gif){kind=avatar} Sammie ¥ |
A few months, if you're in the UK, expect to be paid about £4.50 an hour, working say 12-15 hours, that's around £240 a month. |
.jpg){kind=avatar} Ann |
Depends on what you are paid/hour and how many hours/week they allow you to work...oh, and don't forget the taxes. Hope this helps. |
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¥Cassie¥ |
Keep working and keep saving. Concentrate on school- a car and freedom might seem important now, but if you take on too much and can't even graduate, you'll be working at a minimum wage for your whole life. |
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