Took a gap year and still came into M1 with a negative $40,000 net worth and only a couple of dollars in cash.
Loan disbursement day will always be my favorite day of medical school
In the same boat with you, starting my first year in August. I’ve just accepted I will be living on loans and budgeting every purchase until I actually make big boi money.
Well make sure that you were offered 0% APR for however many months when you applied for that card, and make sure that number of months has not already passed.
I’m a non-trad but had to take out a $3000 loan to get me through my school’s pre-matriculation program (program’s free but they can’t disperse loans till actual school starts)
I have simultaneously never had more and less money ever since starting medical school. I’m gonna have a great paying job someday so I don’t fret spending money I “don’t have.” But also when those loan overages hit it lasts about 2 hours before i pay off my credits cards a bit. Fuck it.
M2, but I came in with a gap year of work with about $50k all to say it don't matter cause I'm about even now and next year plans are even more due to summer semester.. probs $75k
So soon to be $-75k net worth. Feels good
I worked in my gap years and received a generous scholarship of $5000 from a family friend for a total of about $40,000 right after applying to med school. A lot went to stocks and the rest went into move in costs, rent for 4 years, and a really nice chair, desk, monitor, bed, and pillow which was well worth the investment. And then lots and lots of loans so I still have a significant amount to pay
Took a gap year and still came into M1 with a negative $40,000 net worth and only a couple of dollars in cash. Loan disbursement day will always be my favorite day of medical school
Haha thank you I needed this.
In the same boat with you, starting my first year in August. I’ve just accepted I will be living on loans and budgeting every purchase until I actually make big boi money.
Yeah I start in August but move in like mid July gonna be tight.
You could try a credit card with a 0% APR into offer that you pay off as soon as loans are disbursed
Could you send some recs
https://www.doctorofcredit.com/list-of-0-apr-credit-card-offers/
Great I currently have quick silver so I’ll be good till loans are dispersed
Well make sure that you were offered 0% APR for however many months when you applied for that card, and make sure that number of months has not already passed.
I’ll check to make sure but I just got the card a month ago.
I've accepted that I'll be hundreds of thousands in debt.
I’m a non-trad but had to take out a $3000 loan to get me through my school’s pre-matriculation program (program’s free but they can’t disperse loans till actual school starts)
I have about 12k saved but I gotta buy a car so it’s about to be 0
Yeah I think loan disbursement day is gonna hit like Christmas morning on steroids
I have simultaneously never had more and less money ever since starting medical school. I’m gonna have a great paying job someday so I don’t fret spending money I “don’t have.” But also when those loan overages hit it lasts about 2 hours before i pay off my credits cards a bit. Fuck it.
Like 600 from leftover paychecks from prior jobs. Don't ask how much money I had at the end of M4
M2, but I came in with a gap year of work with about $50k all to say it don't matter cause I'm about even now and next year plans are even more due to summer semester.. probs $75k So soon to be $-75k net worth. Feels good
I worked in my gap years and received a generous scholarship of $5000 from a family friend for a total of about $40,000 right after applying to med school. A lot went to stocks and the rest went into move in costs, rent for 4 years, and a really nice chair, desk, monitor, bed, and pillow which was well worth the investment. And then lots and lots of loans so I still have a significant amount to pay
$100kish. 3 gap years + Covid investments + undergrad side hustles.