I currently have a car loan,5 year 11 percent interest rate with about 12,000 left on it that I signed off on in April. I also am about 6K in the debt from student loans.
I currently live with my mom and one of my next goals was getting my first place.
But then I saw a video about 401ks… I saw how much I needed to save and then I realized… I can’t possibly save for my future if I’m in so much debt.
My currently salary is about 39K, and my new job I’m starting puts me at 50, with an increase to 70 in my 6th year and unlimited overtime for the most part.
So while I’m still with my mom, I figured I’d go insane with OT to clear my debt instead of saving 15K for my first apartment my first year at my new job.
Any advice? am I doing things wrong? do I have the right mindset but wrong execution? Let me know!
Submitted November 13, 2021 at 07:43AM by lollidolle https://ift.tt/3qyZmgJ
