Working in a LCOL city this summer as an IB SA and will keep a significant portion of the money I make. Personally, I’ve never had this much cash and am not sure how to allocate it. I go to school in a MCOL city and would like to have a comfortable amount of spending cash senior year but want to still start saving/investing.
Any recommendations from former SA’s on % allocation between cash and long term holdings post internship so I don’t blow it all? Thanks
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