Thank you, you answered exactly how I expected the answer to be: Saving this tiny amount of money is not sensible, at least compared to the money I should be expecting to earn with a STEM major. So get the most bang for my bucks I should spend it for experiences, as I planned it, or toys that I will use a lot.
So now I can look forward to feeling less guilty when spending my more or less hard earned money. ;)
On the other hand, although your current income is insignificant compared to what you’ll eventually make, it’s still significant now. In other words, it’s still useful to save money now, because something-that-you-need-a-lot-of-money-for might come up before you start making big bucks. This certainly happened to me several times while studying, and when it did, I was glad that I had savings.
There is still a certain amount of saving that might be useful. e.g. I am currently on a 6 month university exchange which will probably cost me upward of $10K (USD), but will (hopefully) be one of the best experiences I have had.
Thank you, you answered exactly how I expected the answer to be: Saving this tiny amount of money is not sensible, at least compared to the money I should be expecting to earn with a STEM major. So get the most bang for my bucks I should spend it for experiences, as I planned it, or toys that I will use a lot.
So now I can look forward to feeling less guilty when spending my more or less hard earned money. ;)
On the other hand, although your current income is insignificant compared to what you’ll eventually make, it’s still significant now. In other words, it’s still useful to save money now, because something-that-you-need-a-lot-of-money-for might come up before you start making big bucks. This certainly happened to me several times while studying, and when it did, I was glad that I had savings.
There is still a certain amount of saving that might be useful. e.g. I am currently on a 6 month university exchange which will probably cost me upward of $10K (USD), but will (hopefully) be one of the best experiences I have had.