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Hello /biz/. > Be me > Be 21 > Be son of successful

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Hello /biz/.

> Be me

> Be 21

> Be son of successful bizness man


Anyway, my father's business is a restaurant. I won't get into detail of what sort of restaurant. I've been working there since I was 16. As soon as I graduated high school my hours skyrocketed. At the same time I was going to community college, but I couldn't stand how left leaning the professors and students were. Very biased!

Anyway, so I stopped going after I had completed a few classes. Now my time is dedicated to work. My father has been teaching me how to run a business. Just ordering product, customer service etc. Things like that, since I was 19. I've gotten the hang of everything. I've even started to interview, hire and train people. So I'm very fortunate and grateful for the experiences and advantage my father gave me and my family. I'm glad my dad has basically just stepped back and essentially retired. I call him for advice on how to tackle situations or how to approach an employee about something.

I live in Commiefornia. Before taxes, I'm making $70k, after taxes I make about $48k. I live on my own, in a shit little studio apartment but it's close to work. My monthly expenses(rent, utilities, food, entertainment, etc) are about $1500. I try to be as frugal as possible, but I do splurge every now and then. I recently split with my GF so I'm saving more now. I do miss her though.

So, my question to all of you is: What should I be doing with my money? I want to be wise and possibly make my money work for me and make more money. I have about $15k saved up(I used to be a habitual spender of useless shit). Just keep depositing money into my savings account, or should I look into some stocks, a CD account? I'm saving up money to open up my own restaurant. I will be getting a loan, hopefully, from the same bank my father got his loan. I know the bankers there well. Nice people.
>>
expand
>>
>>1769316
Expand the business?
>>
gamble it
>>
Invest it into automation. Less workers more profit
Thread posts: 5
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