I’m a little anxious with my money as I feel like I’m behind when it comes to financial literacy. Currently, I’m a full time student at a University with a full ride (thanks to FAFSA & scholarships). I am currently a sophomore and living with my parents without having any bills to pay other than Textbooks, Food, Gas, and anything extra I would want/need for myself. My parents do not provide me with any money or extra cash. During the weekends, I work part-time, totaling to approx $80/month (yes, a month) with $13000 saved up. Pretty much an independent dependent.
Since my car is going bad soon, I’m assuming I’ll have to lay down ~$6k for a new used one soon. I’m just scared on what to do to get the money back or even expedite my earnings.
I already obtained a credit card from my bank and started working on my credit score for a year already. I literally don’t know what to do. Should I start investing? Would I even have enough to invest in stocks? It’s just it’s so risky for the amount I have. But then again, I don’t want ALL of my money to be put in a savings account since I wouldn’t be able to pull it out if I need it. I can’t guarantee that my parents can be a financial safety net. May I have advice?
Thank you for reading through this
Submitted September 03, 2021 at 10:21AM by E_SunBud https://ift.tt/3kKsihq
