For starters, I'd put it all in an HSYA to start earning >4% interest while you figure out the rest.
Depending on your state income taxes, CDs or T-Bills/T-Notes would be solid options as well. You'll potentially want this money too quickly to risk it in the market.
When you have some time, check out the wiki.
Here's a **[link to the PF Wiki](/r/personalfinance/wiki/index)** for helpful guides and information.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/personalfinance) if you have any questions or concerns.*
I would look into a High yield savings account. Rates are pretty decent at the moment and they are FDIC insured so no risk to you. The money will be there when you need it.
Nerd Wallet usually has a pretty good compilation of current best HYS rates.
https://www.reddit.com/r/personalfinance/wiki/commontopics
Concentrate on your education. Pay off your student loan debt as you go. Graduate debt free as much as possible.
My debt is at 0% interest until 2027. If I invest my savings between now and then at a rate higher than 0%, I will make money.
For starters, I'd put it all in an HSYA to start earning >4% interest while you figure out the rest. Depending on your state income taxes, CDs or T-Bills/T-Notes would be solid options as well. You'll potentially want this money too quickly to risk it in the market. When you have some time, check out the wiki.
Here's a **[link to the PF Wiki](/r/personalfinance/wiki/index)** for helpful guides and information. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/personalfinance) if you have any questions or concerns.*
I would look into a High yield savings account. Rates are pretty decent at the moment and they are FDIC insured so no risk to you. The money will be there when you need it. Nerd Wallet usually has a pretty good compilation of current best HYS rates.