Hello all,
I'm a college student that miraculously might have a lot of savings in my hands soon. I got a big scholarship to study abroad next year, but a few months into my study abroad program I'll also get my normal scholarships refunded to me. Also, after this summer I plan on saving an extra 3k from my summer internship.
So my thinking is that once I get to October I could have around 5000 left over in savings that I wouldn't need at all for study abroad expenses. I looked at some CD calculators online and saw that by putting that money in a 6 month CD I could make like 600 dollars in interest. Is this realistic? Should I do something like this? I feel like it wouldn't hurt me to have this money put away, if anything it would encourage me to not go crazy on my spending while abroad.
edit: guys I messed up that calculator, so I'll just take general saving advice for this money
Submitted May 17, 2019 at 10:21AM by conceptalbums http://bit.ly/2HoSlIn
