Personal Finance on Yik Yak | My parents control my bank account, I’m over 18, what’s a way I can get my own account. Also what’s money I can make before it needs to be filed for taxes

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Personal Finance 5w

My parents control my bank account, I’m over 18, what’s a way I can get my own account. Also what’s money I can make before it needs to be filed for taxes

Anonymous 5w

You can go to any bank and open an account. I’d start with a checking and a savings account. Most regular jobs you get take taxes directly from your paycheck. An exception to that might be self employment. Making your own company and being an independent contractor means you only have to pay taxes at the end of the year (basically)

Anonymous 5w

Just make sure your new bank account doesn’t have fees. Can usually avoid with a regular direct deposit or minimum balance. Or at Wells Fargo if you are under 23 they waive all of it

Anonymous

#1 5w

Hi not @op , but my problem is I opened an account and then my bank closed it. (I have no intention currently to reopen it) and don’t make enough income that I can call specifically MINE. I currently volunteer for any interested spending.

Anonymous

#2 5w

There are student checking accounts that don’t have any fees or income requirements until you’re like 25

Anonymous

#1 5w

Coming from 25 to my 26th year. Any tips from here from your personal experience/perspective?

Anonymous

#2 5w

Charles Schwab has a no fee checking account. Once you get steady income you can invest with them as well

Anonymous

#1 5w

Thank you! I was using Stockpile (It would be useful for a recommendation, but now it takes service fees from profit