<prompt> Human: Hello all, first time posting in personal finance. I am an American student living and studying in Ireland for the reduced grad school fees. I am living on very little right now, but I want to make sure I am spending my money wisely.I get 4,500 to live on from February-September from loans. After rent and bills not including food, this equates to 30 per week for spending money. Ill get another 4,500 in September for my last semester.I work minimal hours for my old US company for 300 252.96 every four weeks, which equates to 63.24 per week for spending.I also tutor in my free time, which is about 50-75 per week.So in total, I have about 93 to spend per week during school breaks and 143-168 to spend during the school year.Current debt: 40,900 34,500 - I do pay off the interest each month so its not growing. However it will be roughly 60,900 or 51,500 by the time I graduate next year.Current bank balance: 2,000 1,600I do not need to be spending 93-168 per week - I could realistically knock that down to 50 on average. With the extra money, I am considering the following options:1. Save. Ill keep paying off the interest on my loans, but Ill have more time to play with after I graduate next January in the event that I dont find a job right away.2. Invest. I can start saving for retirement or investing in other ways. Also, before beginning my masters, I worked for a few years for a small digital advertising agency. I am strongly considering investing the extra money into my own side business that would involve the same work. Obviously this is much more risky, but I have been thinking about this for a year now and even have a domain name bought.3. Make payments on the loan.I believe the safest option is option 1, but I would like to try out the side business. Obviously I dont want to make a stupid decision and throw away money, but Im just not sure if this is a healthy risk to make or not. And graduating with 60k of debt is terrifying, so knocking that down each month also has its upsides. Any thoughts or advice are appreciated.  <response>: I recommend checking out the side thread mentioned by the bot. What to do with ... Step 1- emergency fund. 