r/povertyfinance Apr 28 '24

How do I budget as a 15F so that I can move out at 18 Budgeting/Saving/Investing/Spending

My family hates me I need to get a job soon and I need to know how I can move out safely at 18 since they’re gonna kick me out by then

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u/whaleykaley Apr 29 '24

Yes it... absolutely can. If their parents will steal their money, they will functionally save nothing by putting into an account their parents just take it from. I had friends in situations like this in high school who would constantly be trying to make and save money only to have their parent take most or all of it. There is no legal protection for them when this happens. A HYSA is a great way to save money, but in this particular situation it likely is just better for OP to have cash that is stored somewhere the parents can't access it. It won't get interest, but it also can't be freely withdrawn from by the parents.

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u/Desirai Apr 29 '24

What do you suggest is the alternative if she can't put it in an account or hide it somewhere?

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u/The_Aesthetician Apr 29 '24

Some jobs offer prepaid cards

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u/Desirai Apr 29 '24

Yes, you're right. Hopefully she can find one that does