I have 2 huge payments I want to get rid of or minimize before I enter a full-time Master's program next year. I plan to apply to med school within next 1-2 years. I need your advise. CAR: For those of you who had or did not have a car payment during med school, how stressful was that? Is it hard to make a car payment on the money you are given. Do you suggest buying a car for about 10K before starting school or holding on to that money for emergencies and living expenses? Did you lease or buy your car? I remember reading you can't get more loans to pay expenses such as a car, is this true? I used financial aid to pay for my first car in college and i'm still paying for it!!! HOUSE: I own a home that is very expensive and I am single. I have one of two decisions, get 1-2 roomates to split the mortgage or sell the house. I remember reading that houses does not adversely affect your ability to get finanical aid. What has been other's experiences? Is it hard to maintain a home (grass, utilities, etc) while attending grad/med school and not working. INVESTMENTS: I have about 25-30K in investments some tax deferred, some tax deductable. My finanicial advisor is not very keen about me touching those investments but it's my money. Did anyone withdraw their 401K or Roth IRA and what type of penalty did you have pay, percentage-wise? Appreciate your help.