Hi all. Four and a half years ago, at the end of 2012, I started paying off my $50K+ of student loans as I got a $35K/year job. Today I paid off just over $1K in credit card debt (I usually pay it off monthly but sometimes I let it accumulate just a little) and made my final payment for my remaining student loan. Here is where I stand now:
- I'm 28 y/o
- $37K/year day job
- Variable earning from side job (commission-based, made over $10K last year but this income is not guaranteed as there is a shake-up in progress at the company for whom I freelance)
- I intend to pursue better employment soon but it's a theoretical discussion point until I actually move up in my career
- Health insurance through my main employer
- +/-800 credit score
- Living in NYC, paying $780/month for a tiny studio-style space
- No 401K, no investment or savings aside from a token $250 savings account/"rainy day" fund
Given my current circumstances, how would you advise that I make the most of it? How should I invest my soon-to-start-accumulating (hopefully) income?
By the way, thanks to all contributors and to the mod team at /r/personalfinance from this long time lurker.
Submitted March 17, 2017 at 10:44AM by Masevete http://ift.tt/2mD9IZc
