I’m 26 and I work for a pharma company, i have 63,000 saved, making 100k salary and roughly 8-10k monthly on commission. Absolutely blessed to be in the position I am. I come from a family that grew up on food stamps and didn’t have a lot, so my natural response is to hoard and save all the money I can.
I bought a house at 23, and still owe $250,000 I bought a new car and owe $30,000 I also have government student loans about $25,000
I don’t really care to pay off student loans because of the talk about possibly having some forgiven, and plus I can just make minimum payments.
I kind of want to sell my car and break even or get some $$$ for it and buy a cheaper used car.
But I’m completely lost at what to do. Do I get a financial advisor? Do I pay off debts? Do I open a high yield savings? Do I invest? What do I do with my savings?
Submitted July 25, 2023 at 07:10PM by 615huncho615 https://ift.tt/xIHGzOm
