You are a teenager and you heard that if you invest money, you could make more money. Other than that, you don’t really know how investing works. You work part time and make a small amount of money each week. You’d love to invest if it could make you more money, but you don’t really know how it works.

Are you not sure if you should invest your money because you are still so young? First of all, it doesn’t matter how old you are or if you should be investing. If you don’t know anything about investing, you shouldn’t be doing anything with it.

Don’t start investing until you learn whatever you can about it. If you don’t know what you are doing, you could lose a lot of money. Read as much as you can about investing and different types of investments as you can.

When you learn about investing, you will learn that you need money to invest before you can start. As a young person, you might not have much money. Also, you may feel you have other things you need to be spending your money on.

If you just want to invest in order to make some extra money, you should find another way to make money. You will not make much if you keep spending it on other things and you are taking on more risk.

Are you truly interested in building wealth and investing? Spend some time learning and get involved with a free stock market simulation game while you save up money to invest.

When you finally are able to save up at least a few hundred dollars or more and are ready to start investing, set up a brokerage account, and start investing. Make sure you have done all your research first.

If you have trouble getting an account because you’re too young, ask your parents to help you out. They should be able to set up one in there name as a custodian that you can take over when you’re old enough.