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This Fulbright Fellow Supplements Her Stipend with Prior Savings
Personal Finance for PhDs
English - August 17, 2020 08:00 - 36 minutes - 33.8 MB - ★★★★★ - 46 ratingsCourses Education Business Investing debt money phd budget frugality graduateschool investing personalfinance postdoc Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode, Emily interviews Dr. Caitlin Kirby, a graduate student at Michigan State University and former Fulbright fellow in Germany. Caitlin has been greatly financially challenged on the Fulbright, namely by: 1) the large amount of money needed to move and settle into her new city and university, 2) the high cost of housing relative to the stipend, and 3) the additional expense of bringing her husband with her. Caitlin and the majority of her peers are supplementing their Fulbright income with prior savings. Fortunately, Caitlin and her husband grew their net worth in advance of starting the fellowship through house hacking and savings goals.