I recently got a job making $65k a year plus benefits.
| Debits | Amount |
|---|---|
| Student Loans | $23.5K @ 5% & delayed til November |
| Credit Card | $1.5K @ 13.7% |
I plan to move in a month and need to buy some furniture and manage expenses. My main issue is that I have $1.3K in credit card debt and I have received $3K as a relocation bonus. I think I still need the $3K to help me make the first's month rent and move in purchases (The apartment cost around $1K a month). I was wondering what my plan should be for that?
Also I have a signing bonus of around $7K (with taxes I expect around $5K) coming in on my first paycheck. I was hoping to get some advice for saving, investing and credit cards?
I plan to save around $1-1.5K a month, is that realistic? I also want to invest my money either in my provided 401K or in something else that you all recommend? My basic purchases will be food and gas, I like to cook so I plan on eating in more than eating out. Is there any credit cards you guys recommend? I currently have the Boa cash rewards one that gives you 2% back on gas and 3% back on grocery.
Sorry if this is a little all over the place, Thanks for the help!
Edit: Also are there any hacks or tips on how to pay off student loans? Like tax deductions and stuff like that?
Submitted May 29, 2017 at 12:23AM by ThrowAway56468546541 http://ift.tt/2s5ibrv
