Here is exactly how I made $15,000 and had a net worth of $18,000 before I finished High School, and the tips you should follow to do the same. Add me on Instagram: TheCashInMind

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It's no secret that High School is where most people get their first job. There are millions of students across the globe that go to school, and it falls in their hands what they do with the money. They can either be reckless and buy everything in sight, or they can be frugal like I was and keep most of that money around.

In hindsight, it's easy to see why most High School students splurge when they get their paycheck. They don't have any responsibilities, no debt, and often times they're influenced by their peers. They see the people around them buy items to keep up with trends, when they should be focused on securing their financial future.

My biggest tip for teens is to forget about how you look or what items you have, and instead focus on what will make you the most money. Create a habit of saving that will carry with you throughout your lifetime and you'll never struggle.

Always get a side hustle. Get 2 or 3 of them and focus on building them up and setting them to autopilot, so you can sit back and earn a paycheck with minimal effort.

I outline why I worked for 50+ hours each week during my teen years to get where I wanted to be and get a head start on life. It doesn't matter how much you make an hour if you're only getting a few hours in the workplace. I encourage young workers to follow a job that gives nice pay and one that allows you to work a set number of hours per week. 30 hours per week in High School is enough to get you where you want to be financially if you're not

Make your money work for you. I talk about CD's (Certificate of Deposit) and Stock Trading (with Robinhood).

A CD is when you lend a bank your money and they give you a higher interest rate than if it was in a regular savings account. You aren't allowed to use that money until the CD is over, and you can earn anywhere from 1%-4% in some cases.
Some of the drawbacks to a CD are that if you decide you need your money, you can be penalized and forfeit any interest earned.

RobinHood is exceptionally easy for trading stocks, cryptocurrency, ETFs and more. They're very user friendly as well
One of their biggest downsides is that they don't allow investing in Mutual Funds and Bonds, which are on the safer inside as investments go. This means you're more likely to lose your money because the market can go up and down depending on the economy.

Most of the money I made in High School was just through working and putting aside all of my money into a savings account with a local Credit Union (Credit Unions are more generous when it comes to interest rates, because they don't aim to seek a profit.

Sticking to your goals is crucial if you want to turn your dream into a reality. Set a goal, and keep it in mind in everything you do. Work towards creating income streams that work for you. You can't get anywhere without taking the steps.

I touch on why some people get rich, and why others don't. When you find a passion and decide to pursue it, you're more likely to stick with it and often times you'll have the income that follows.

For business or to write for TheCashInMind, you can reach me at contact@thecashinmind.com. We love to hear new input from writers in areas of saving, investing, using credit and eliminating debt.

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