Edit: I suck at formatting tables. Let me try and fix this!
Recently graduated from a master's program; I make 80k a year (gross) in a low cost of living area (flyover state). Will receive a pay bump to 95k (gross) in 3 months, with semi-yearly opportunities for future bumps based on performance. I'm constantly looking around for new work opportunities, and am usually interviewing with at least one firm at any given time. I could make a higher salary in a higher cost of living market, but the COL increase usually eats up a good portion of the salary increase and quality of life goes down.
My wife and I currently live with my parents rent-free, and have the option to do so for some time. If we were to get our own apartment (which we may do to keep our sanity intact), it would be between $500-$700/mo.
Finally, I should mention: I'm 30 years old. I feel like my life is passing me by.
Any advice? What should I do?
Here are my debts:
Debt | Interest Rate | Monthly Payment | Principle
CC1 | 20.74% | $418.00 | $15.950.92
CC2 | 26.49% | $25.00 | $938.18
Personal Loan 1 | 14.49% | $243.33 | $9,421.55
Personal Loan 2 | 9.75% | $340.19 | $12,110.68
Car Loan | 7.79% | $167.24 | $5,099.91
Student Loan | 7.79% | Grace Period (thru November) | $187,383.00
Total | 8.01% (avg) | $1,193.76 | $230,904.14
Submitted July 06, 2018 at 08:24AM by throwawayhahgottem https://ift.tt/2lZaNft
