Hello, new to this community so if this is not allowed forgive me.
I am 29, and like the title says will be receiving about 60k from my grandparents will by the end of the summer. I live in the Midwest and have a college degree and student loans to go with it. I have a good paying job and a company 401k. So I need some advice on what to do with this money once I get it. I have quite a bit of debt on credit cards and about 10k in student loans as well as an auto loan of about 13k left. My fiancé and I are also paying for most of our wedding in September, which is going to cost about 30k that we’ve already saved up for, which is why I still have my debts. What is the best thing to do with the money? I am thinking of paying off my highest interest debt like my personal credit card and maybe some of the store credit cards and then investing the rest in my work ira. What do you guys say?
Submitted June 07, 2020 at 11:36PM by goodredditusr https://ift.tt/3cEJ7UR
