Things you've wasted lots of money on when you were younger

[meleader2]

so it's average 10-12 y/o with ~3k spent on garbage.

sorry excel doesn't paste well in this quote box...


initial
$3,000.00
0.1
0.1
1 $3,300.00 0.1 $300.00
2 $3,630.00 0.1 $330.00
3 $3,993.00 0.1 $363.00
4 $4,392.30 0.1 $399.30
5 $4,831.53 0.1 $439.23
6 $5,314.68 0.1 $483.15
7 $5,846.15 0.1 $531.47
8 $6,430.77 0.1 $584.62
9 $7,073.84 0.1 $643.08
10 $7,781.23 0.1 $707.38
11 $8,559.35 0.1 $778.12
12 $9,415.29 0.1 $855.94
13 $10,356.81 0.1 $941.53
14 $11,392.50 0.1 $1,035.68
15 $12,531.74 0.1 $1,139.25
16 $13,784.92 0.1 $1,253.17
17 $15,163.41 0.1 $1,378.49
18 $16,679.75 0.1 $1,516.34
19 $18,347.73 0.1 $1,667.98
20 $20,182.50 0.1 $1,834.77
(year)(total money)(interest)(interst paid that year) <---column definitions

sum of all interest:
$17,182.50


here's 3k 20 years 10% compounded interest. would u force your kid to put his money in an index fund (QQQQ) or would u let him waste it on cards?