<prompt> Human: Ive been reading a lot of rpersonalfinance posts now that this subreddit is on the front page, and its made me think about getting my own personal financial house in order... BUT as a graduate student in his mid-twenties, my financial position is a bit unique.So, heres my situation:Im 25, I have zero debt beyond some modest 300 credit card debt, and Im a first-year PhD student studying the humanities. My grad program stipend is a little over 29,000 a year2,416 a month, plus outside wage income of 350 a month during the academic calendar 8 months, 2,800 per year--though in practice this is the baseline based on my minimum hours and is usually higher. My total gross income is 32,000 a year. This my first year in the program, and my funding is guaranteed for 5 years. Academic job prospects in my field are not great, but Im at the top-ranked program in my field and theres a strong track record here of job placement median starting salary is around 55,000 -- obviously, Im not doing this to get rich!. There are also employment opportunities outside of the academy which may be more lucrative.My expenses are modest--approximately 1,100 for housing and food and 200-400 for other expenses in a given month its grad school, after all--Im too busy to partytravelbuy cool stuff. Ive been putting 1,000 a month in my savings account since I started the program--theres 2,000 in there right now Im not sure how much will be left after taxes. My question is this: Given my modest but stable income, should I start thinking about setting up an IRA or investing in bonds or other financial instrument? Obviously a 401k is out of the picture until I get a job. Is there something else I can be doing to get my future financial house in good shape?Any advice is appreciated!tl;dr: Grad student on 32,000 income looking for financial advice; any appreciated!  <response>: Are you carrying a balance on that credit card? If so, pay it off with the money in your savings account and never carry a balance again.Then open a Roth IRA with Vanguard. You can open a target date retirement fund when you have 1000. 