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Anonymous
What's the best way for a university student to "grow her money" while studying?
I (19F) will be matriculating into University this August. I have about 16k in my bank account.
As of now, I've been using SCB JumpStart as a way to "grow my money) since they are offering an attractive interest rate of 2%.
I'm considering investing after having $20k in my bank, however, I'm not too certain on that as it is rather new to me. But I'm willing to hold it in the long-term.
Also, if I were to invest in ETFs, do I have to pay taxes?
Thank you!
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10 Apr 2025
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It's great that you're thinking about growing your money early on. SCB JumpStart is a solid start. As you consider investing, take time to research and learn about different options. For ETFs, tax implications vary, so it's worth checking with a tax professional or researching the specific regulations in your country.https://onepiecedle.fun/