Hello Redditors,
I am a 24F female currently making 47K a year at my first job out of college. I moved back in with my parents rent free after graduation and was able to pay off my 15K of student loans. Now, the only debt I have is $7,500 at 3.02% APR on my 2013 Hyundai Elantra Ltd. I have $11,500 sitting in my checking/savings account. I have $10,500 in my 401k.
I hate the idea of having debt and would like to just pay this off outright...
However: - I am going on a dive trip in October costing $1850 total. - I am planning to switch jobs early 2019 and would like to go on a backpacking trip in between. - Am planning to exercise the stock options I have in my current company when I leave in Jan 2019...around 2K.
Is there anything I should be doing but am not currently? Would it make sense to pay off a good chunk of my car or wait? Or to invest 3-4K in stocks with a return greater than 3.02%?
Appreciate all advice!
Submitted August 20, 2018 at 03:54PM by laur_finance https://ift.tt/2MsXN1n
