I’m trying to figure out how to put this well while answering briefly. What would you suggest? I pay for my phone and its service. I buy groceries. I give my grandma money sometimes, but she blows it at the casino. I give my dad money sometimes, but he spends it on weed. My mother is a recovering heroin addict and doesn’t live with me, but I give her money sometimes. I also pay for public transportation like the train and buses to get to and from school and work, but I also spend too much on rideshare (like Uber), eating out, buying clothes, and giving gas money to people who give me rides. I don’t have any savings at all.
I think you have a genuine story to share and you should say that you are supporting your family. You come across as a responsible teen trying to navigate the circumstances around you. You really don't have the luxury of saving or investing at this point.
I would be as upfront as possible. They see "Oh, I plan to invest it" and "I'm researching different ways to spend it," everyday. What makes your earnings and how they are spent unique to you? You want to stand out in a good way, and be remembered after your application is reviewed.
Hi, new around! So can you, please, tell me how these circumstances have shaped your financial decisions and impacted your ability to save or invest at this point in your life?
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Thanks. It's just difficult to fit it into 250 characters.