Hi everyone,
Sorry if this question has already been asked --here goes:
I am a fourth year medical student who has taken a paid research year between third and fourth year. Because my research stipend exceeds my living expenses, I am trying to save up as much of my extra money as possible.
In the past, I have been terrible with money (including getting myself into tons of credit card debt, which I was able to consolidate into a low-interest private loan through my bank and am slowly paying off) and I want to put some money away at the end of the year before I spend it all.
I think I will be looking at ~$4K to save and invest at the end of my research year. For a small amount of money like this, what recommendations do you have for investing? I have zero financial knowledge so any advice is appreciated!
Thanks!
Sorry if this question has already been asked --here goes:
I am a fourth year medical student who has taken a paid research year between third and fourth year. Because my research stipend exceeds my living expenses, I am trying to save up as much of my extra money as possible.
In the past, I have been terrible with money (including getting myself into tons of credit card debt, which I was able to consolidate into a low-interest private loan through my bank and am slowly paying off) and I want to put some money away at the end of the year before I spend it all.
I think I will be looking at ~$4K to save and invest at the end of my research year. For a small amount of money like this, what recommendations do you have for investing? I have zero financial knowledge so any advice is appreciated!
Thanks!
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