About to lose half my income
I am 22 and live with my fiancé in an apartment 1 mile away from job #1. I make a little over 33k a year (30k base with commissions that equal roughly $250-350 a week). I also on the weekends work at job #2 where I have worked since I was 16. I work probably 18 hrs a week there yet get paid for a full 40 (27k plus about $100 in tips weekly). I have worked 7 days a week since February and it has allowed me to continue functioning at my high savings rate even after moving out in February.
My monthly expenses are as follows (fiancé and I split rent, electric, groceries, and internet)
$622.50 rent/water $40 internet/cable $30-45 electricity $50 gas $30 Subscriptions $150-200 groceries $50 eating out
I have no debts as I paid for my college out of pocket and I do not have a car payment or credit card debt.
We may need to close the job 2 soon because a part of our land we have been leasing in a month to month basis has been sold. We may be able to re configure everything and open back up in a few months (my hope is this happens) but the jury is still out.
Im not sure what my best course of action is after we eventually close up shop. Half of my income will be lost and I will be stuck with a job I do not love (I work with a good friend, and my boss is a friends Dad so he is awesome).
Should I find a job that pays more with a bigger chance of growth? Should I stay at job #1 and hope I can move up through this company? My degree is in Finance and I think I eventually want to get my masters but I don’t even know what I want to do with my life...
Also I have $35K in the bank Just chilling and I am too scared I am going lose my job to do anything with it. As a finance major it kills me everyday know the money I am losing by not putting it in some sort of investment ave.
My fiancé and I are planning on buying a house/condo/townhome after our lease is up.
I just need financial and life guidance...
Submitted June 30, 2018 at 01:21PM by MozartInAGoKart https://ift.tt/2KCwSv3
