#85k

Best Strategy to Pay Off Debt- 63K debt and 85K savings

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Best Strategy to Pay Off Debt- 63K debt and 85K savings TLDR I am 27 years old, have 85k in Vanguard from inheritance and I have a car loan for 60K at 7.39%. I take home 6400 monthly. Do I keep making monthly payments or do I use my vanguard to wipe it out So as stated above, I take home $6400 monthly, and I have minimal living expenses due to my work paying housing for me. I have 85K in vanguard tha…

Reddit Personal Finance 1.2k 2024-07-27

New grad with 85k/y salary and want to set a good foundation

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New grad with 85k/y salary and want to set a good foundation Hello everyone, I am graduating from college and have been fortunate enough to receive a job offer for 85k/y with the possibility for a 5% bonus at the end of year. For context I have always grown up below the poverty line, so my understanding of personal finance is likely lower than the average person. The job is completely remote so I will be…

Reddit Personal Finance 643 2024-03-01

85k Windfall but I can only use it on buying a home or an annuity. Which one?

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85k Windfall but I can only use it on buying a home or an annuity. Which one? I am 33 years old and my father passed away 3 years ago and died penniless in a care facility. My grandfather passed away 1 year ago and… well he was quite a bit well off. All his kids and grandkids got a bit of money, but considering the unfortunate circumstance of my father, I was given quite a bit more. My Uncle (the executor of the estate)…

Reddit Personal Finance 748 2023-10-27

85k in debt. What else can I do to pay this.

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85k in debt. What else can I do to pay this. Hello everyone so I currently have 16k in CC debt and my wife has about 25k so I have about 41k in CC debt and with both our cars our total debt is at 85k but that’s our only debt. I’m in the military in California and my wife is a stay at home mom taking care of our 10 mo old baby. She was working prior when we lived in NC and living out here i…

Reddit Personal Finance 225 2023-08-15