I wanted to ask the opinions of current PA students or practicing PAs as to what I should do once I graduate in May. I am a senior in college applying to PA schools this cycles and I don't know what to do during the time between applying and potentially entering school. This time period would be anywhere from 6-18 months depending on which school I go to if I get in anywhere.
My options are:
Move back home with my parents (suburban Massachusetts) and try to work at the community hospital that I worked at last summer and save money until I (hopefully) start PA school.
Stay in my college town (urban Pennsylvania) and work here where I already have a job offer at a dermatology office and other interviews lined up.
Pros of choice 1:
No rent/utilities which means I can save so much more money and pay off my undergrad loans ($17K) while trying to save up for PA school
Work in the same environment I worked before
Support of my parents during the application/interview process
In the same state as some of the schools I am applying to (Tufts, Northeastern, MGH)
Being close to the beach
Cons of choice 1:
Less job opportunities in general in my hometown
Not guaranteed the same position I had last year (it was a summer position)
Lack of social life
Long distance relationship with my boyfriend of 3+ years
Pros of choice 2:
more job opportunities and higher paying roles (clinical research jobs at major hospitals and universities)
Proximity to several PA schools I am applying to (Jefferson, Drexel, Arcadia, PCOM, Salus)
Several friends in the area
Connection to my university resources and events
Close to my boyfriend
Cons of choice 2:
I would be responsible for my rent, utilities, car insurance, food, misc. purchases on top of trying to save money and pay off student loans
Distance from family support
I don't like the area as much
I would really appreciate any insight anyone has on this issue. I know that each option has different benefits and challenges. Thank you for reading please ask about any information I might have forgotten to add!
I am working as a locum, and the amount of taxes I am paying is crippling.
49k in 2015 on 108k gross.
What can I do to reduce this? I still owe 15k from last year and have not even started paying this year yet.
I am married but I can't file that way, I have no kids and my home is in Ireland.
I am not living expensive, I don't even have my own shower. I live in a campground to pay the student loans and taxes back as fast as I can.
I haven't seen a sticky anywhere on this topic, so please feel free to simply re-direct me if there is a thread with this information already.
I am really wanting the best financial advice (or advice otherwise) you guys can offer for someone just entering the work force. It is daunting to go from exceptionally poor to making substantial money in the blink of an eye. Some topics I am hoping you can give advice about or direct me to more knowledge include:
Investment (stocks, bonds, mortgages, property, etc...)
Life Insurance / Disability Insurance
Money Management (money markets, lifestyle, taxes, etc...)
Loan Repayment (managing, re-financing, etc...)
Hiring people to help manage (financial advisors, etc...)
Anything else you might stop right now and think "Wow, I wish I would had known more about that or I wish I would have started doing that 5-10-15 years ago"
I feel like this forum has a lot of tremendous advice and this would be great for a lot of us newbies here if someone wouldn't mind filling in what they might know about any of these topics. Thanks!