If you have accumulated significant debt during your studies, you may feel compelled to repay it as soon as possible. On the other hand, you are aware that it is critical to begin investing early. This is one of the most important and difficult questions for residents.
You’re starting to earn a salary for the first time and need to devise a budgeting strategy. While the answer to this question differs for each resident, the key factor is finding the right balance for your current financial situation and investment strategy. Your income, personal goals, lifestyle, and financial approach must be considered.