Howdy all! I am back and seeking advice on what to do going forward with saving and meeting my ultimate life goal of living a somewhat comfortable financial life.
To put this into perspective, I am a 26F. I recently refinanced my car loan, got it down from ~10% APR to a ~6% and lowered my monthly payment by about $50. I have yet to go over my year review with management at my work, but will more than likely receive a raise (I currently make around $15+/hr with incentive to work Sundays, which I do), which pays me weekly. I contribute to my work's 401k at 2% for now until I can pay my loans off and try to contribute more then. In addition, I moved into an apartment where I pay $625 with heat and water included, electricity is separate. I am going to mooch off my dad's streaming services but to be honest I barely watch anything and the only thing I do have a sub for is a year of yoga that was 60% off.
My current student loan debt is a bit over $18k, with one loan currently in deferment and the other I make payments to. I have a budget template I use to get an idea of what I should be paying towards bills, but I have a huge issue with overspending (have since I was 18, and even when I moved back in with my dad, I still had a hard time saving despite not having to pay as much in expenses), and want to try to make better purchasing decisions. The only time I can possibly put more hours into my job is when my dog stays with my dad, and as much as I love my dog, if what I need to do means I have to relinquish ownership to work more hours, then my dad would be more than willing to take my dog in.
With all that being said, what is the next step in my financial roadtrip? Thanks in advance!
Submitted April 04, 2021 at 11:55PM by DividiaStorm https://ift.tt/3rT4ysS
