this post was submitted on 04 Nov 2023
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sense most online business are having black friday is it worth buying something or should i pass and try to save my money. im a teen i have around 200$ but i would like to limit myself to 100$ or less. im probably posting this in the wrong place but im not sure, i just want to make a smart choice when it comes to money.

also i will not be investing in stocks or crypto so please dont suggest it.

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[โ€“] ElGosso@hexbear.net 9 points 1 year ago* (last edited 1 year ago)

Most of the "stuff everyone should buy" is stuff you really don't need as a teenager, like cast-iron cookware or a stand mixer. If you have hobbies you want to pursue, you should find a specific group around that hobby and ask them. A lot of black Friday "deals" aren't really deals, though - some companies will actually produce lower quality product lines specifically for black Friday sales, so if you end up buying something big like a TV or something like that make sure you do a little research.

If you want general financial advice, I wouldn't put it in a retirement account like the other guy said. You have plenty of time for that, and you probably have milestones coming up that you'll want money for - buying a car, graduation celebrations, going to college, getting your own place, whatever. So saving it for that kind of stuff is never a bad idea.