Hi, I'll try to keep it short. In two weeks time I'll be leaving for university in Athens, Greece and I don't really know what to do with money.
My parents will be paying for rent, utilities, transportation and emergencies. Additionally I'll be given a 400€ monthly allowance for food and entertainment. Also over the years I've accumulated approx. 7000€ in a savings account.
So my question is, should I leave that 7k in the savings account and not touch them? Or should I maybe look into investing them in a mutual fund/ETF? As I don't think I'll ever need to spend that money while studying.
Keep in the mind that the annual interest rate in the savings account is something like 0,3%.
Thanks for your help in advance.
Submitted August 16, 2021 at 10:41AM by Thanasis_A https://ift.tt/2XwhU50
