July 28, 2011 at 12:55 PM ET
TODAY Money expert and CNBC personal finance correspondent Sharon Epperson joined us for a live Web chat Wednesday morning after the show's Money 911 segment.
Here's one of her answers from the chat and a complete archive:
Hi! I'm 14 years old. I have savings bonds that I will receive when I'm 18 and was wondering how I should spend those or should I save them for college and other things.
You're only 14!! I am sooo excited that you have joined our chat and are interested in finding out the best way to save your money for the future.
You are on the right track and you probably can guess my answer: SAVE, SAVE, SAVE.
When you get that money at 18, use it for college or invest it in a 529 college savings plan for a few years and then use it to pay for the last year or two of your education.
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Watch the complete Money 911 segment below: