Hello all! It seems like people have good ideas here, so I wanted to throw this out here.
I am 27, a teacher with not much saved towards retirement. I’ll be making 42,000 this year at a private school. $8000 in credit card debt that I’m paying down (I had to use it for a medical emergency and recovery don’t use it for anything else and won’t until it is paid off). I owe a good bit in federal student loans, but the monthly payment is completely manageable. And I’m 6 months from paying off my car. Low 700 CS
My husband (30) is an electrician set to make 50k a year with no debt. Lower credit score than me (his business, just general info).
We have quite a few financial goals for the next couple of years. -paying off debts -starting my retirement savings -starting a college fund for our 7 month old (more for xmas and birthdays for now) -buying a house
My question is—would it make sense to try and find a financial advisor? It seems like mostly people with a lot of money or who are completely underwater use them. We are neither. Not rich, but managing.
Secondly—where do we find one? Maybe that’s a silly question, but any help would be great!
EDIT: The consensus is clearly “NO” for reasons that make sense. We’ll keep chugging along as we are (though we might tighten up the budget—hopefully can knock out the CC and car note by summer!) Thank you for the advice!
Merry Christmas Eve! 🎄
Submitted December 24, 2020 at 10:50PM by mominthetimeofcovid https://ift.tt/2WHkOjJ
