Type something and hit enter

ads here
On
advertise here

Hi Folks,

I’m a 28 year old former artist who just became part of corporate America (RIP dreams) living in NYC. Looking for some financial advice since this is the first time I’ve had stable income/benefits and have student loans to deal with.

Salary: 80k + Bonus in a year based on company profit (I also still make 5-15k off my music projects depending on streams/sales)

Rent: None until Jan 2019 (living home until then).

Savings: 8k (with 4k for an emergency fund and 4k for general savings)

Loan details: 117,416.58 in graduate school loans. 7.210%, 6.840% and 5.840% interest rates depending on the loan. Right now I'm paying 0 a month but will have to start paying in Jan 2019. Minimum payments are $518 for the higher interest and $310 for the lower interest.

Job Benefits: Planning to max out 401k and opt in for Medical (plan without HSA) and dental/vision. The 401k has a Roth option but I don't really understand what it is, and after a year of employment they match based on company profitability.

Just started using YNAB and it's really helped me get a grip on wtf is going on with my money. Especially as an artist for the last 8 years I had no idea wtf was happening.

Looking for any advice, specifically on how to deal with my loans! Thanks, happy to provide any additional information.



Submitted April 05, 2018 at 09:23PM by MRzpZu714ag https://ift.tt/2uSplEI

Click to comment