Long story short I would be thankful for some advice on managing my money. I am in my early 20s and recently accepted an out of state job offer. My old job paid 21.75 and hour, but the new job pays 38. I am beyond greatful and want to make smart decisions with this pay increase.
Here’s where I’m at: Selling my house n anticipating about 30k after. Debt is at around 26k. Rent is now 1770 a mo (CA man) 6500 in cashed out 401k (new job doesn’t have a plan and idk where to put this money)
Do I put all money from the house sell towards debt? Do I save it and pay rent in advance? What kinda savings account if I save some? Where does the 401k money go? Any sort of budgeting program recommendations would be fantastic. How do you not go ham with a pay raise?
I’m super concerned about taxes too bc home sell and 401k cashout. How do I figure out about what I’m going to owe?
Submitted August 01, 2018 at 07:16PM by victowie https://ift.tt/2O0jm5A
