New job with a few thousand saved

[Kyle Jones]

I'm trying to figure out the best way to capitalize on about $4k of investment money that I just recently acquired. I just got a new job that starts in July and I've had to live off of unemployment for the past few weeks. The job doesn't pay a great deal but my bills are low. I'd like something that produces a residual income. I have never purchased a home for myself. I'm in graduate school. I have two kids to take care of but I co-parent with my ex wife really well. I've taken the free courses here but I'm still a little green on direction. Any great advice would be appreciated.