20-year-old college student with no bills — what should I be doing with my money?

I'm 20 and looking for some financial advice. I recognize that I'm in a pretty privileged position right now since I don't have any bills, and I want to take advantage of that and set my future self up for success.

I'm a full-time student at SDSU and recently got a part-time job making $22.50 an hour. I work anywhere from 1–4 days a week. I live with my parents, and they're covering my education, food and living expenses. My own spending is mostly gas, going out with friends, clothes, skincare, hair products, etc.

Right now I have:

  • A little over $7,000 in a regular savings account
  • A Discover student credit card
  • A 766 credit score
  • No debt or major monthly expenses

I plan on going to medical school in the future, so I know I'll eventually take on a significant amount of debt. I want to make the most of my financial situation now, but I honestly don't know what I should be doing with my money.

Should I open a HYSA? Start a Roth IRA? Invest? How much should I be saving vs. investing vs. just allowing myself to enjoy?

I mainly want to develop good financial habits, learn more about money, and hopefully put myself in a position to be financially secure in the future.

If you were in my position, what would you do? Any advice or resources are appreciated!

reddit.com
u/Loose_Membership6137 — 5 days ago

20-year-old college student with no bills — what should I be doing with my money?

I'm 20 and looking for some financial advice. I recognize that I'm in a pretty privileged position right now since I don't have any bills, and I want to take advantage of that and set my future self up for success.

I'm a full-time student at SDSU and recently got a part-time job making $22.50 an hour. I work anywhere from 1–4 days a week. I live with my parents, and they're covering my education, food and living expenses. My own spending is mostly gas, going out with friends, clothes, skincare, hair products, etc.

Right now I have:

  • A little over $7,000 in a regular savings account
  • A Discover student credit card
  • A 766 credit score
  • No debt or major monthly expenses

I plan on going to medical school in the future, so I know I'll eventually take on a significant amount of debt. I want to make the most of my financial situation now, but I honestly don't know what I should be doing with my money.

Should I open a HYSA? Start a Roth IRA? Invest? How much should I be saving vs. investing vs. just allowing myself to enjoy?

I mainly want to develop good financial habits, learn more about money, and hopefully put myself in a position to be financially secure in the future.

If you were in my position, what would you do? Any advice or resources are appreciated!

reddit.com
u/Loose_Membership6137 — 5 days ago
▲ 5 r/FinancialPlanning+1 crossposts

20-year-old college student with no bills - what should I be doing with my money?

I'm 20 and looking for some financial advice. I recognize that I'm in a pretty privileged position right now since I don't have any bills, and I want to take advantage of that and set my future self up for success.

I'm a full-time student at SDSU and recently got a part-time job making $22.50 an hour. I work anywhere from 1–4 days a week. I live with my parents, and they're covering my education, food and living expenses. My own spending is mostly gas, going out with friends, clothes, skincare, hair products, etc.

Right now I have:

  • A little over $7,000 in a regular savings account
  • A Discover student credit card
  • A 766 credit score
  • No debt or major monthly expenses

I plan on going to medical school in the future, so I know I'll eventually take on a significant amount of debt. I want to make the most of my financial situation now, but I honestly don't know what I should be doing with my money.

Should I open a HYSA? Start a Roth IRA? Invest? How much should I be saving vs. investing vs. just allowing myself to enjoy?

I mainly want to develop good financial habits, learn more about money, and hopefully put myself in a position to be financially secure in the future.

If you were in my position, what would you do? Any advice or resources are appreciated!

reddit.com
u/Loose_Membership6137 — 5 days ago
▲ 4 r/SDSU+1 crossposts

Sdsu prood of admission

I was accepted to SDSU as a transfer student but I can’t seem to find an official admission letter or PDF anywhere. I only remember receiving an email saying I was admitted.

I need to provide proof of admission or proof that I will be attending sdsu for a scholarship that I am applying to. Does sdsu provide an official acceptance letter or PDF somewhere in my.sdsu or is the email acceptance all they give? If you’ve been in this situation, what did you use as proof or if you have any advice please share 🙏🏽

reddit.com
u/Loose_Membership6137 — 2 months ago
▲ 3 r/ucadmissions+1 crossposts

Wrong city of birth on UC application?

I’m currently on the UCSD waitlist and had a question. I actually noticed a while ago that my city of birth is listed incorrectly on my application, but I didn’t think much of it at the time.

I was born in La Mesa, but my application says Santee. Everything else is correct.

Could something like this have affected my admission decision, or is it considered a minor detail? Is it worth reaching out to UCSD about now?

reddit.com
u/Loose_Membership6137 — 2 months ago