I’m currently job searching after leaving my part time and full time jobs (different time frames, different reasons. We don’t have to talk about why I don’t have a new job yet)
My rent is about $1900 after utilities, one credit card at $340 and another at $550. Savings is $6000 or so, $420 car payment. I get $1400-2000 per month from a stable freelancing gig so I’m not living entirely off my savings. I have prepaid August rent with the last check from my ft job
Now for the 401ks, one is $1400 and the other is $2500. Since I don’t currently have another account to roll the amounts into, should I just withdraw them, put 30% of each specifically into my savings with taxes in mind and use the rest of the 70% to live off of? Or should I try to hold off and see if I get a new job that will let me enroll in a 401k soon enough to transfer the balances?
I know I’m kind of in a fucked up spot and I accept my consequences, please don’t berate me :(
Submitted July 22, 2023 at 09:54PM by galaxyd1ngo https://ift.tt/3l2rKMJ
