Hi,
I’m 23 and have $75k in cash saved. I live at home with parents and have a full time job making $60k/yr with no degree or other debts.
Would it be irresponsible of me to sell my current car ($7k) and buy a $30k used car? I don’t go through cars often and I’m very specific with the cars I buy, ensuring they last a long time.
Or should I keep saving to buy a house? I’d be able to replenish $23k within 14-15months if I saved 45% of my net monthly income.
I’m also considering getting another job on the side to aid my current income.
Let me know your thoughts!
Submitted June 12, 2024 at 12:43AM by CemetaryGates_ https://ift.tt/g81w6NT
