Earning Money

Where Should He Park the Money?

Where Should He Park the Money?
The goal is to create knowledge, reward his interest in the subject, and teach him how to handle his finances when he’s an adult. fizkes/Shutterstock
Dave Ramsey
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Dear Dave,

Our son is 13, and he has been doing some part-time work for a friend of the family. He makes $40 to $60 a week, and he would like to begin investing the majority of what he earns. Do you have a suggestion for a good place he could put his money?

Dave Ramsey
Dave Ramsey
Author
Dave Ramsey is CEO of Ramsey Solutions, host of "The Dave Ramsey Show," and author of best-sellers including “The Total Money Makeover.” Follow Dave at DaveRamsey.com and on Twitter @DaveRamsey.
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