Monday, July 16, 2007

I Am So Rich You Should Mug Me. Except Not Really

Ma,

I got PAID! In CASH! With a BONUS! I am so glad the dad guy drove me home because walking around with so much money would have been scary. That is more money than I've ever had in my entire life. I need a good hiding place, but the problem is there's no freaking privacy here.

Tomorrow I'm going to ask Craig about getting a bank account or something. Josh said he's almost positive you have to be 18 to open one. There's no way in hell I'm writing down Aunt Elaine as a second person on my money. Why are all the good people too young? Who made up that rule? Probably somebody old.

I decided that each week I'll break one twenty but save all the rest until the end of the summer. Maybe I can make the twenty last longer than one week. We'll see. I bought Nora a happy birthday banner and a birthday card.

Love,
Sam

2 comments:

Vinny said...

You do not need to be 18 to open a savings account. You may need an adult for most banks to sit down with you, thoug, so if Craig goes with you, things willbe easier.

Missy said...

You don't need to be 18 to open a bank account--and you don't need an adult to be on the account with you or go with you to open it either.

You have to be 18 to enter into a contractual agreement, like a credit card, but the onerous is on the bank in this case. They can choose to allow you to open a credit account, but if they do and you are under 18 they have no recourse to make you pay back because the contract is not binding on you--just them. For this reason most banks won't give you a loan or credit card, but they should happily take your money for either savings or dda (demand deposit account, aka checking).