Hi PersonalFinance,
TLDR : I’m distressed and contrite of my current situation explained below. I need financial and life advice on how to move forward.
FULL POST : - 2015 / I made a personal and well informed decision to discontinue my medical school education in 2015. I moved in back with my parents at 22 and got a job as a telecommunication sales rep.
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2016-2017 / To accelerate paying of $65K in school debt, I operated a small online business selling electronics. I had some successes in 2016 and 2017 managing to pay all my living expenses and pay the loans down to about $47,000.
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2018-2019 / Unfortunately, in 2018 the business was victim to scams and operating loss (- $17K), I’d personally lost money from renovation scam (- $7K), and lost money (- $14K) in the stock market in 2019.
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2020+/ I’m halting my business endeavours to reassess my life and how to move forward. My business assets will be liquidated and paid off. My personal assets are about $20K and I have $15K cash in personal savings.
With all the losses, I’m in around $87,000 in the negative with about $50K of it in student loans. I’ve moved in back with my parents at 26 (will be 27 in a few months) to reassess my situation and figure out how to move forward. I am a Canadian with a degree in Bsc but do not want to work in the medical field. I don’t want to debate my choice to leave or rejoin medical school, that ship has sailed.
I‘d like advice on what type of jobs to look for with a salary range and how to methodically pay down the debt. Any other financial advice is appreciated.
Submitted December 29, 2019 at 06:36PM by AnonymousAcc_Cad https://ift.tt/357Yy4n
