if you're 21 or younger, post your current net cash assets

[Spy Dog]

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I had well over 5k in the bank when I graduated from high school. Don't forget birthdays and graduation gifts, that is cash that can add up pretty quickly. I know a lot of people that netted 2k+ in cash for high school graduation alone. Also lots of jobs that teenagers do are tax free (babysitting, pet sitting, mowing lawns, etc). Mowing lawns can earn you more than $20 an hour. Waiting tables at a decent restaurant will earn you well over $20 an hour and most of it tax free. I didn't make that much from any of the "real" jobs I got while working on my engineering degree until my senior year in college. I also had a good chunk of money that I had earned from investing when I graduated from high school. I bought my first mutual fund with $500 dollars I had saved up in 7th grade. The real trick is learning to value saving over spending. IPODs and car stereo systems can be pretty seductive compared to dropping $500 in a mutual fund.

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As an aging 36 year old, I applaud this kid. You are on the right track.