Money Real World

Hoya! I just got paid my first cash check of 25 dollars and I'm trying to get to 100 I have 30 dollars right now! How such do I need if I want to buy a 75 dollar gift card and a 9 dollar makup it?

You're welcome! That sounds like a great plan. I'm glad I could help. Feel free to come back and update me on your progress. Best of luck in reaching your savings goals! Remember to stay consistent and disciplined in your saving habits. You've got this! 😊👍

To calculate how much more money you need to reach 100 dollars, you need to add the cost of the gift card ($75) and the makeup ($9), and then subtract it from your desired amount of 100 dollars.

75 + 9 = 84

100 - 84 = 16

Therefore, you would need $16 more to reach your goal of $100 in order to buy the gift card and makeup.

Okay!

I have 30 dollars right now if i get 25 dollars each week (Friday) how much would I need now?

(don't count this week)

If you already have $30 and you will be receiving $25 each week on Fridays, we can calculate how much you would have after a certain number of weeks.

Let's say you want to find out how much money you would have after 4 weeks (not counting the current week):

$25/week x 4 weeks = $100

After 4 weeks, you would have $100.

Since you currently have $30, you would need an additional:

$100 - $30 = $70

You would need $70 more to reach your goal of $100.

I sweep floors and mop, is there anyway that you think my dad could give me more money?

maybe some extra work activities?

There are a few ways you could potentially earn some extra money through additional work activities. Here are a few suggestions:

1. Offer to take on additional cleaning tasks: Talk to your dad and offer to take on extra cleaning responsibilities or tasks, such as organizing and decluttering, deep cleaning certain areas, or tackling more intensive projects. You could negotiate an increase in your pay rate for these additional tasks.

2. Offer to help with other household chores: In addition to cleaning, offer to help with other household chores that your dad may need assistance with, such as doing laundry, washing dishes, or taking care of outdoor tasks like gardening or lawn maintenance. Your willingness to help with these tasks may make him more inclined to give you some extra money.

3. Babysitting or pet sitting: If you are responsible and good with children or pets, you could offer your services as a babysitter or pet sitter to friends, family, or neighbors. This could be an opportunity to earn extra money outside of your regular cleaning job.

4. Ask for a raise: If you have been doing a good job and consistently showing your commitment, it may be worth discussing the possibility of a pay raise with your dad. Explain your reasons and how you believe the increase in pay would be fair based on the work you are doing.

Remember to approach these discussions with respect and understanding, as your dad may have his own financial limitations or considerations. It's important to communicate your needs and desires, but also be open to compromise and negotiation.

Okay,

Sense I am only 12, do you think my dad would let me save up to 1,000 dollars?

Saving up to $1,000 dollars as a 12-year-old is a great goal! However, whether your dad allows you to save up that amount will depend on your family's financial situation and your dad's perspective on money management.

You can have a discussion with your dad and express your desire to save up to $1,000 dollars. Explain why it's important to you, such as saving for a specific purchase or building a financial foundation for the future. You can also discuss your plan for saving, such as dedicating a certain portion of the money you earn to savings each week or month.

Your dad may have other financial obligations or priorities that need to be considered, but it's worth having an open conversation with him to see if there is a way for you to work towards your savings goal together. He may recommend setting smaller milestone goals or suggest alternative ways to reach your target over time.

Remember, saving money is a valuable habit to develop at a young age, and it's wonderful that you have the initiative to do so. Your dad will likely appreciate your responsible attitude towards money and may be supportive of your goal, even if it may take some time to reach $1,000.

If I make 25 dollars each week, and I'm trying to make 1,000 how many weeks and moths do I have to work? (I have 30 dollars already)

To determine the number of weeks or months it would take to reach $1,000 from your current $30 while earning $25 per week, we can use simple calculations.

Total amount needed to reach $1,000 = $1,000
Amount already saved = $30
Amount you earn per week = $25

Amount left to save = $1,000 - $30 = $970

To calculate the number of weeks needed, divide the remaining amount by your weekly earnings:

Number of weeks needed = $970 / $25 = 38.8 weeks

Since you cannot have a fraction of a week, you'll need to round up to the nearest whole number. This means it would take approximately 39 weeks to save up $970.

To calculate the number of months needed, divide the number of weeks by the average number of weeks in a month (approximately 4.33 weeks):

Number of months needed = 39 weeks / 4.33 weeks per month ≈ 9 months

Therefore, it would take approximately 9 months to save up $970, assuming you consistently earn $25 per week.