<prompt> Human: Im 16. I just got my first job working at McDonalds at 10hr, and Im about to receive my first real paycheck on Monday. I think ahead for a lot of things in my life just so I have an outline of what to do in the present and near future. One thing I definitely consider is setting up savings accounts for my siblings and adding money to it for a few years for it to add up and they have something when theyre older. Was thinking maybe age 20 I never had this because Im the firstborn, and Ive never had any supporting family. That and we are rather poor but were not in poverty. My oldest sibling is only a couple months away from being 12, and the youngest just had his 2nd birthday. Granted, this may seem like a lot of time before theyre going to need the money. But time flies What I came to this sub for was- where do I even start? I doubt Ill be able to set these things up within the next couple of months while Im still setting up my own bank accounts and stuff. TLDR- I want to set up savings accounts for my 5 siblings. where do I start?  <response>: Saving for your siblings is great, but what about yourself? Do you plan to go to collegeuniversity? Will you need money to move out in a couple of years? Although its great to want to share, you need to take care of your own life as well. By saving early, you could have enough money to pay for a year or two of school when its time to go. That opens a lot more doors, like getting you into a good paying job where youll have disposable income to help your family out even more. 