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Starting med school soon, so will be living entirely off of loans for the next four years. Is it worth opening a savings account to keep the majority of my student loan money in, with once a month moving anticipated expenses for that month into a checking account? The lump sum I'll be given at the beginning of each semester is much more than anything I've ever had before, so it feels weird to think of it just sitting in a checking account the entire time. Or does given that I'll be spending the money over the course of each semester mean it's not worth the trouble?

Secondary to this is the fact that for a little while now I've considered switching banks from SunTrust, so this seems like as good a time as any.



Submitted May 30, 2019 at 08:26AM by LegendaryPunk http://bit.ly/2XhgjLh

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