<prompt> Human: Im 16 and run many online ventures, and in the month of April I brought in exactly 5000, and have been making money online for two years now I made 50k last year.What are your suggestions? Currently, Im just banking the money and keeping note of what my expenses are which are very little. I do pay taxes and believe me, Im taxed to death due to being 16 and zero write offs.What are your suggestions? As I said, I have little expenses maybe a new computer, monitor, etc - but seriously, I spend in a year what I make in a month.Throwaway account because my friends know my real account, and do not want them to know this.Thank youEDIT: My apologies, I did not realize this post would become so popular. Im not the safe guy. Its late here, but Ill do my best to reply to everyone now and then again in the mourning. Thank you everyone for your help and support.EDIT 2: Thank you for such great advice and comments. I have done my best to answer most questions I feel like this is starting to become an IAMA... and are overwhelmed with the amount of responses I have received. Thank you again.At this time, the thread has died down and I will no longer be frequently checking for updates.Assistant: Youre 16 and youre making more that most people in the US so youre obviously doing something right. Invest that money back into the business after paying yourself and turn that 5k in 50k a month. Then retire at 21 and laugh at all of us suckers working the 9-5. Human: Youre 16 and youre making more that most people in the US so youre obviously doing something right.He is doing something. Some of use choose professions which dont pay a lot of money. That doesnt mean we are doing things poorly.Assistant: A great example of people who choose professions and do not get paid well enough for their job is, in my opinion, teachers. Underpaid, while they work quite a bit. Education is as important as Medical care, or more.  <response>: Dollars arent the only reward for a job well done. 