I am living back at home and that is going pretty well; my mom enjoys having me there and so does my younger brother so I’m planning on riding that out for about a year. I would like to buy a rental property where I live in Oregon but housing prices are through the roof right now.
I have $20k in student loans with an average interest rate of 4.09% that I’m paying double the minimum on. I would like to have $0 debt, but my credit is only about 3yrs old so I’m wondering if I should just keep the student loans for 5yrs to help my credit, or pay them off and direct the monthly payment elsewhere?
My company does not match anything into the 401k which is disappointing. I am eligible to start contributing to that in January. My current plan is to start a RothIRA and max that out this year, but how much should I be contributing to my 401k?
tl;dr How much should I be contributing to a non matched 401k? Should I pay off my student loan debt before saving to buy a house? Any other tips you have for a young person starting out?
Submitted October 20, 2018 at 01:41PM by j_handy https://ift.tt/2AkmZz2
