Currently I take home 2800 every month (regular slow 40 hour week. Would say on average month I get 5-10 hours of overtime each week which can add an extra 200-400 a month).
All expenses other than food are about 1720. The amount I spend on food varies but would say 400-700.
I have an emergency fund of about 4-5k.
Car loan of 12k or so at 5% interest Student loans of 17k at 4% or so I believe.
I don't really spend money on anything other than food and bills and wanted to know what would be suggested to do with my extra money. (Putting 6% in 401k for my companies 3% match maxed out).
I was thinking about putting the extra money into paying off the car loan faster while also starting a Roth IRA and putting 150 or so of that in there a month.
Overall pretty happy with how life has been going and where I am financially. Just looking to be a bit smarter with my money. Extra money I make from overtime is usually what I will put my budget for the month to do on fun things like going out and what not.
Sorry for bad grammar/formatting, posted from phone.
Submitted March 26, 2019 at 06:49AM by ChrisDaBOSS7 https://ift.tt/2uv4Dba
