Ok since the week i was born my gran And grandad have put £5 a Week into a bank acount, So when im 21 (Im 11 Now) Ille recieve around £20,000 - £50,000.
That sweet tbh, Any idea's on what i could do with all that?
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Ok since the week i was born my gran And grandad have put £5 a Week into a bank acount, So when im 21 (Im 11 Now) Ille recieve around £20,000 - £50,000.
That sweet tbh, Any idea's on what i could do with all that?
:o, lucky. Maybe buy a nice car or something.
I don't think you will get £50, 000 from £5 a week. Could be wrong though and you're very lucky!
Hmm Yeh, ive always wanted to work with computers and im quiet good at them, Maybe invest the money into something like that?Quote:
Originally Posted by Mattps22004
a car or something kl.
Deposit on a house..
I Just love my gran and grandad very much for it.
And i think maybe Invest it?
Well, your 11 now, and you said you'll get it when your 21, that's 10 years old waiting for it, and things will change, whatever you choose to buy now, will be different in the future.
So, i'd just wait until then, and decide.
I Supose, My mind will work very differnt then?Quote:
Originally Posted by rawries
Save it, trust me uni and all that will rack up, don't go dashing it out.
Im tight and dont like spending money, So maybe save it for a rainy day?Quote:
Originally Posted by Davetaylor
When you're 21, you're only going to have £5460 from your gran n grandad (not taking interest into account) lol
There still paying in till they die like.Quote:
Originally Posted by Wootzeh
And its £10 or £5.
My grandparents did the same, they've put £10-15 in each week since i was born, i can collect it next year or when i'm 21.
Yeh same with me, Very lucky i say we are tbh?Quote:
Originally Posted by You
Lol kayne, your loved m8
Buy a house, not a car.
If you buy a house or save it up for a house, you'll get all or more than all of that money back when you sell the house, as for a car that looses value from the time you drive it off the lot.
If it was £10 - You would get Ten Thousand Nine Hundred And Twenty.
(At 21)
If it was a fiver - You'd get Five Thousand Four Hundred And Sixty.
Dont hope for a shiny flashy car, and definitley dont hope for 50k!
Good Idea, Is there any ''invest'' idea's?Quote:
Originally Posted by doctorblind.
If they have been doing it since the very first week you were born you will get £260 a year because £5 times 52, times that by 11 and you already have £2860, times the £260 by 21 and you will have £5460 O.O Given interest and that it might be more but £50000, I doubt that.
And do you doubt it?Quote:
Originally Posted by Eamonn
Yes that is why I put "I doubt that" O.oQuote:
Originally Posted by Kayne
you wont get 50k. from others have been saying, you will get around 5000+, the interest i doubt would work out to be around 45k.Quote:
Originally Posted by Kayne
but lucky for you anyway :P. when you go uni, that money could go towards certain costs. i wouldnt splurge out on silly things as your grandparents gave you that money to spend wisely.
Sorry i ment why do you doubt it?Quote:
Originally Posted by Eamonn
Because I done the calculations O.OQuote:
Originally Posted by Kayne
Because interest rates aren't that high?Quote:
Originally Posted by Kayne
You're 11, don't question someone who is older and wiser and who is a bit more intelligent.
Even at 11 I was able to use a calculator to work out (5 x 52) x 21 and realise it was definately not £50,000. However if you are just saying that to lie then enjoy yourself and keep lying. If you decide to go to university, which you definately should not be thinking about now, maybe save the £5000 or there abouts up for then, if not you could buy a fairly decent used car and insurance.
Correct me if I'm wrong, but £5 a week from age 0 - 21 is £5,000, not £20,000?
Hmm
no one in my family has done that for me
my brother has a account now, he had it since he was born
i guess i was just left out
=/
I got £1,000 in the bank for when I'm 18 or whatever - I'm happy with it, my family aren't rich so I can't have loads of money.
But im guessing its £5.It might be £10 or £15 im not realy shure.
It's quite amusing how the amount has changed 3 times. One smells a lie.Quote:
Originally Posted by Kayne
Quote:
Originally Posted by indie
One Smells im telling the truth.
Beilive what you want tbh, but i know i wont be stuck for money.
donate to my chairty,
http://www.habboxforum.com/showthrea...=1#post3668210
in there u said u were 9? make ur mind up
I Said 11, Year 7.Quote:
Originally Posted by e5
If that is some kind of insult then I'm not going to be stuck for money either. I'm on £7.81 an hour and just got my first paycheck of £1200. I know I worked for my money so it makes it worth so much more:)Quote:
Originally Posted by Kayne
Quote:
Originally Posted by Kayne
yh w.eQuote:
Originally Posted by Kayne
Even if they payed in £15 a month youd only get around £16,300. at £5, £5,400 is more the range.
52 weeks in a year
21 years
21*52 = 1092
thats 1 092 donations of £5, £10 or now £15 *it keeps resiseing*
1092*5 = 5460
Thats £5460 if they put £5 in a month
1092*10 = 10920
Thats £10920 if they put £10 in a month
1092*15 = 16380
Thats £16380 if they put £15 in a month
Now, you may have noticed, none of them total 50Grand. If you were gona get 50G they would have had to have been putting in £45.79 a week up till your 21...
Tbh i dont smell a lier, just someone who's gona majory flunk Math exams.
Whatever you do with however much you get, be grateful to your grandparents for it. If there's one thing society is lacking in besides respect, it's gratitude.