
A 20-year-old Ph.D. student from San Jose, California, called into “The Ramsey Show” to ask if she should use her savings to buy her parents a house—a house they want, not her.
Anna, who is working toward a Ph.D. in biomedical engineering and planning to attend medical school, said she has saved about $150,000. Most of that came from tutoring, selling an app she helped develop, and working since age 15. Her current income is around $60,000 to $70,000 a year.