Q. I am an 18-year-old male heading into my first year of university. I feel it is time I took my money matters more seriously.
I will be taking a student loan of about $6000 a year, not including my $150-a-week living expense. I do not qualify for a student allowance and, because I am a fulltime student, my earning capacity will be limited to about $100 a week.
As
Sunday, March 20th 2005, 5:23AM
by The Landlord
mentioned, I can also borrow $150, but it will be added to my student loan. I have the luxury of having all my interest written off and have savings of $4000.
Where is the best place my money can be invested?
Perhaps start a small business? Invest it in bank bonds? Shares?
A. There are two issues here. The first is moral; the second financial.
