#36k

Need advice on how to handle 36K worth of Credit card debt

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Need advice on how to handle 36K worth of Credit card debt Looking for advice on how to handle some credit card debt. Here are the details I have 36k in credit card debt, I am current on all the payments. I work as a teacher making 75k a year I bought my first house in 2021 with a 2.4% interest rate. I would like to buy another house… (soon) but realistically will need a hefty down payment. Option 1: Pa…

Reddit Personal Finance 862 2024-01-26

Should I consider downgrading my car for lesser/ no debt? I will put 36k miles on it every year.

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Should I consider downgrading my car for lesser/ no debt? I will put 36k miles on it every year. I just started my first job (80k annually) and did not want to risk moving to a new place with an unreliable beater. Here are some details: I bought a 2021 Camry SE with 60k miles with a 28k principal balance on it. I could sell it for about 21k. I pay 520 for car payments. I drive 100miles every day for work. By the time the car is paid off,…

Reddit Personal Finance 661 2024-01-25

About to have access to a 36k loan at .75%

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About to have access to a 36k loan at .75% Its an optional loan meaning that I don’t have to take it out but I think it would be a waste not to. I’m debating putting it in some sort of CD ladder and then paying it back right away but I’m curious what y’all think I should do or if there’s any better ideas ? submitted by /u/Massvon12

Reddit Personal Finance 858 2023-12-16

Recent grad 36k salary living at home

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Recent grad 36k salary living at home Hi all, I’ve been reading this sub and I’m really amazed by some of your recommendations. I am a recent graduate who just signed a job offer for $36k. I live at home, so I don’t have any expenses and my car that was gifted to me(mercedes) has been paid for, but its upkeeping is quite expensive. Last year I paid $700 for 3 hours of service for a …

Reddit Personal Finance 492 2023-10-23

Getting a $36k bonus. What to do with it?

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Getting a $36k bonus. What to do with it? My wife we are (37/38 y/o no kids) and I combine for $135k/yr and own (paying $1,500mo mortgage) on a condo. The $36k bonus should be about $24k – $27k after taxes. We have $10k in savings, $45k in a target date IRA, $6k in a 401k (just started a new job last year, so newish account). No other debts worth mentioning. Where should we throw this…

Reddit Personal Finance 814 2023-10-20

In $95k debt at 25 and only make 36k/yr, feeling trapped, considering Chapter 7

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In $95k debt at 25 and only make 36k/yr, feeling trapped, considering Chapter 7 I dug myself into an abysmal spot this year, dealing with depression and shut myself out of the world for 14 months, staying at home, not working and putting all my living expenses on credit cards. I finally realized how deep I was in last month and desperately found the best paying job I could that is bringing in 36k/yr. Credit Score: 598 Debt…

Reddit Personal Finance 268 2023-08-19