Thursday, November 10, 2011

Ask a Crayon

Q.  A few years ago I invested all of my personal savings with a family friend. This included my Bat Mitzvah money, the money my parents gave me after I graduated High School, the savings bonds my grandparents gave me when I was born and all of my babysitting funds.  Now I suspect my family friend was involved in a ponzi scheme and I have lost everything.  What should I do? – Destitute in Duluth

A. Destitute in Duluth this is quite a pickle. We first suggest you get new friends.  Then possible invest in this great piggy bank from Etsy.


Finally, maybe next time put your money in a secure savings account or savings bonds.   When we cashed the ones our grandparents gave us when we were born, we made like three bucks!

Got any questions?  Let us know @2littlecrayons on twitter

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