So I'm interning this summer for an investment bank and I'm very fortunate in that its still on. It might be remote. If it is remote I'm seriously considering renting an Air BnB for a month somewhere I've always wanted to live while I work remotely rather than stay with my parents. The pay is good and I'd only stay for a month out of a ten week internship. This however would make the difference between saving 11000 in the bank for my future over the summer or probably 7500-8000 in the bank if I had to guess. I will have 15k in student loans when I graduate.
This idea occurred to me today and I'm genuinely tempted. 15k doesn't seem like a lot in student loans but its more money than I have so I'm hesitant to spend this kind of money at all due to that and the fact that its not a great time to go anywhere. Is this financially sound?
Edit: I greatly appreciate all the input from people and after briefly weighing the pros and cons I’ve come up with the perfect compromise. I’ll stay with my parents this summer and if I get the full time offer to ensure a source of income in this economy I’ll absolutely do that during winter break next year. I’ll avoid the winter snow for a bit, have an ensured way to pay off debt, and most stuff should be reopened by then. Win win win
Submitted May 04, 2020 at 08:17PM by surfingthesignal526 https://ift.tt/2YyN4XW
