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.
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.
Avoid Black Friday unless you really do your research on the category of products beforehand. If you want to find great deals on stuff, buying used items is usually a good idea.
The answer might be vastly different depending on where you live, what things interest you, and so on. If you have a hobby already, get something related to your hobby.
Do you like tinkering with tech? Maybe buy a raspberry pi (or clone) to mess with, which can be awesome both for learning and for doing useful things for so many purposes.
Do you want to get in better shape? Maybe a resistance band, running shoes, or some weights.
Do you have an interest in art? Maybe a watercolor kit might be a good idea...
Basically it needs to be related to your goals and interests.
100 isn't enough to really be worth anything too serious. The smart thing to do is either save it for something bigger or just have fun with it. Best way I spent 100 as a kid was on pizza and shit for me and my friends. A Minecraft server and some pizza is like 30 bucks, provides hours of fun
Don't spend your money because it's a " good deal". In theory your guardian(s) are covering the expenses the rest of as as adults just accept. Therefore take advantage and spend your money on what brings you joy.
Do you have any hobbies you like to do? I recommend investing in tools/supplies if that's your jam.
I wish I was a teen with $200 to burn again.
I have no idea what you should buy in particular but just have fun, you won't be a kid for long.
Give us a list of a few things you feel you might need OP.
You're wise not to mess with stocks or crypto, but as soon as you have the income to contribute, consider a Roth IRA, starting as young as you can really pays out later.
Spend money on your health.
Do you play sport ? Buy stuff for that sport (shoes, ball, bat, ...)
oh I might be able to help you.. with a song about thrift! when you get a penny from a chum, don't just spend it on bubblegum. Put in your cap, put it in your cap
https://youtu.be/icfzrBm-vuU?si=dUz9syGoF_v9vBSL
Invest in yourself. You may be able to follow an online course in your interest that your school doesn't offer. Like water color or audio mixing, guitar, video editing, coding etc.
