I was in a terrible accident when I was younger, and won the court case. I just turned 18 two months ago and my settlement check came in the mail. My brain has been churning ways to do something with that money since I first deposited it into my no-interest student savings account.
I know I'm wasting my time letting my money sit in that account, but I don't know what else I want to do with it.
To add another twist to the story, I'll be moving from the USA to Switzerland this fall with my wife for school. My parents will cover my living expenses, but ideally I'd like to have some money kicked off for me to have fun while I'm in college while still growing my initial investment. Also, at some point I do need to start earning enough money to live on without my parent's support. This is made difficult by the fact that I'm not allowed to work for the first six months of my stay (not at a job, like I'm not allowed to have any income at all). After that I'm only allowed to work 15 hours a week. As an aside, how the hell is anyone supposed to live like that?
Anyway, that's my situation. What do you recommend I do? I'd love to hear some opinions on this. I'd also like if you could provide some resources for me to read (obviously I'm doing my own research too).
I guess it's also important to know that I have no debt at all. I just got my first credit card last month, and I have a whopping $400 on it =O Most of that will go away when I move though, soooo much of it is from gas (my stupid car gets relatively bad mileage AND takes premium).
My wife has $12,000 of student loan debt, which is in deferment right now because she's "still in school" but she won't be going back next semester and will have to start paying them (also likely with no income). Her income situation depends on how she comes to Switzerland with me (either via "family reunification" where she'd have no income, or a job where she'd have income).