2018 was the first year that I worked, and as such I am due to receive my first tax refund. However, I am just not sure what to do with that substantial amount of money. I would eventually like to move out. Right now I just have 2 bills: my car loan (I owe ~$3000), and my student loan(~$5000). My two options seem to be; put the money towards the car loan, that way it will be paid off earlier and I will have an extra $100 to spend on rent(and potentially another loan from my parents), or put the money in my savings and have a large head start on my moving expenses. Or maybe it's a mixture of both, thoughts?
Submitted February 07, 2019 at 05:22AM by Woodyfixthis http://bit.ly/2ScRvpj