I’m about to acquire $19k in severance and want to do something smart with it, how would you use it? Quickest version, I’m losing my job next Friday due to plant closure and will be severed and my pay will be $19,000 after taxes are taken. I want to use this for the best use since I will have a new job the following day and won’t need a penny to cover bills from job loss. However, I am 37, only have $5,500 in Savings, $9,000 in CC debt, own bot…

22 with baby on way with 19k debt Got a lot of debt built up from just being stupid with money am I totally screwed any advice would help I have no one in my life to even ask I make 25 an hour submitted by /u/Imahoodpenguin

Paycheck to paycheck at 55k, in debt 19k I make 55k a year (after taxes and benefits, approximately earning $3000 a month) I was 25k in and am now 19k in debt. 2 personal loans that were for credit card consolidation (the credit card debt was result of the Covid year and a stint of bad luck) and right now have a total of $1500 in current credit card debt that was moved to a card that…

Best way to pay off $19k in credit card debt? I purchased a brand new home in the Sacramento area. After my home purchase I got insane credit card offers, like no interest for 2 years, 2% back on every purchase, etc. I got excited and took out a bunch. Most of it went to fix up my house as you know brand new homes come with dirt backyards, so I got my backyard done and purchased decor. I re…