My dad died in September and now that my mom has sorted out her financial situation has felt it’s prudent to help me with some of the money that was left to her. Last week she helped me pay down about 40% of my student loans (paid $11,000) and just yesterday wrote me another check for $11,000 to help me with some of my credit card debt. TLDR: for my debt situation, I’m down to $18,000 for student loans and I have about $24,000 in credit card debt at various interest rates. Never mind the fact that all that money should have gone to my credit cards.
For my living situation and potential new job, I’m going month to month on my rent right now so that when I do find a job I can pick up and move closer to where I’ll be working. I believe I found a job (waiting on final word) and my idea is sell my car when I move; a car that was only purchased in order to be able to effectively do my current job working as a B2B sales rep. The area I’d be moving to would be great for not having a car as I would be on the same block as a metro station and I would be going into an apartment that is about the same price as my current place.
Question is, what is your advice on what to do with the $11,000 she gave me?
Submitted December 19, 2017 at 11:19AM by Nblearchangel http://ift.tt/2BfX3GW
