The only other time I’ve managed to save this much was when I saved to buy my first car. I’ve never had “savings” that wasn’t earmarked for something else. $1,000 was what I’ve always heard was a good starting point so when I found out I was pregnant again I started putting away $100 a week which helped get us here.
We’re now in a situation we are super not used to! My fiancé has been working nonstop since this whole virus thing started and is making more than double his usual pay, and I’m out of work due to the virus so whenever my unemployment finally goes through we’ll also be making the extra money there as well.
How do we wisely save/spend this extra money? All of our bills are caught up, some even slightly ahead. We owe roughly $9,500 (plus some extra in back late fees) on our car, and each have some collections accounts of varying amounts. We’d love to be able to buy a house before new baby comes in September or shortly after and I have no idea what the best course of action would be for boosting our credit scores and saving.
Thanks in advance! And sorry if this is kinda all over the place. I typed this on my phone with one hand and no glasses on while pinned down by my sleeping toddler.
Submitted April 24, 2020 at 09:41PM by SuziiLanette https://ift.tt/3bI6JbK
