<prompt> Human: I was just listening to NPR and heard about robo-advisors, I thought that would be a good idea for investing seeing as the fees are minimal, but I wouldnt be throwing money into whatever I thought sounded good, an actual algorithm would help figure that part out. I am graduating in December, with about 30,000 in debt from student loans, I dont have to start paying the minimum until 6 months after graduation, and I am headed to graduate school in August of next year. I would like to start paying my loans off as soon as I graduate, but dont know what I will be able to pay. I plan on getting another part time job, along with the one I currently have. The reason behind this is because my dads health insurance kicks me off when I get a full time job that offers health care, whether I want to take it or not. Going to grad school, I dont want to have to have an added payment of health insurance monthly. The money I make now is completely disposable, I live with my parents, and they havent asked me to pay for anything, when I graduate, however, they do expect some sort of payment. So, right now I have a job that pays 7.50 an hour, I only keep it because they work with my schedule more than any other place I have ever worked. When I graduate, I plan on applying to a therapist job, which I was previously offered but didnt take because they couldnt work with my school schedule, and they pay 15.00 an hour. So, working 40 hours a week, I would be making around 400 a week, so 1600 a month. This is not a lot, but only having probably 100 in bills, I can afford to invest some for it to be able to grow. My question here is would it be a good idea to start investing what little money I have now 200 a month available, and then put in more money when I am making more? If anyone has any information on investing and taking money out of those investments, I am all ears. Also, if you know of any good robo-advisors, and about how much I should put in that would be great. Any suggestions, even if its do not invest would be great!  <response>: The reality is, interest on your loans will likely go up about 6, and any returns on your investments will see 7 on average, less in some years and more in others. Thats not a huge difference and the debt is a guaranteed return on your money. Youll just wind up with more money in the bank, and a larger debt to pay off. Theres some merit to compound vs simple interest, but then when you bring taxes and liquidity into the mix, that benefit goes away again.Youre probably best off tackling the student debt before investing, just because its basically the same result with less risk. 