<prompt> Human: Hi PF-I recently have started to get interested in understanding how money works and building financial goals. I have a question Ive never been able to get a good answer to:I have a huge student debt from medical school 300K and on IRB pay 1000 a month minimum. On a residents salary 60K how should I be managing this student debt while still having a reasonable amount leftover for daily living and savings?Thanks!  <response>: Live life like youre still a medical student. Rent a dirt cheap place. Be frugal with food and other life expenses. Avoid any kind of lifestyle inflation. In fact, that should continue once you get a doctors salary as well, or those loans will follow you for a long time.If absolutely necessary, you can also put your federal loans into forbearance while youre a resident. The loans will still accumulate interest and in the case of 300K in loans, a lot of interest, but thats obviously better than defaulting. But if youre careful with your money that probably will not be needed. 