Please help me figure out how to pay off 90K in debt. Throwaway account here. My current situation and I am looking for any advice you may have: 90K in credit card debt. All payments on time, never late. Bankruptcy in 2017. I know, I know, and I was doing great until Covid hit. That’s where the debt snowballed. I now am pulling in 15K a month combined with my spouse; however living expenses and ru…

What would you do with 90k? I’m receiving around 90k from a personal injury case. I’d love some input on how to smartly invest. For context: I’d like to own property, I have some investments in some ETFs/long term stocks, I have about 13k debt on my car and about 5k on a credit card. I make about 110k-130k/yr, I currently live in LA but I have the ability to work in NYC a…

Should I Buy a Home or Invest $90k in a VHCOL Area? Looking at coming into ~$30-90k later this year, combining savings from living with my parents this summer ($30k) with a possible voluntary severance package at work ($60k). I am not sure what to do with this (IMO) large chunk of change. Originally, I was toying with the idea of using the $30k as a down payment on a home but had not committed t…

Pay off 90k mortgage? Does it make sense to pay off a 90k mortgage with an adjustable rate of 6-7% with chance of it going up? Or put it in the SP500 and ride for 10-20 years to cancel out the interest? submitted by /u/hand1esel

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withdrew/closed two 401k accounts, paid estimated fed and state taxes, now owe $90k? (posting for a friend) the total withdrawal from the 401ks (coded: due to death) was $729,000. out of that, $149,000 was taken for federal taxes and $85,409 was taken for massachusetts state tax in january of 2022. the remainder was used to purchase a home in february of 2022. doing taxes now, it is showing ~$90k is owed as the $729,000 was taxa…

Me and my fiance recieved 90k in a personal injury settlement. Looking for some advice. We were run over by a vehicle and received a 90k payout in a personal injury settlement. We’re simple people and feel no need to live beyond our means. We plan to keep it that way. We’re 26, and we don’t want to f*** this up. I have a few main questions, and beyond that, I would love any type of advice people may feel to be helpful, since this i…

Inherited around £90k as a 20 year old student Put very simply, what should I do with this money to maximise my future? British citizen studying at university in England submitted by /u/Difficult-Meal-318

$90K in debt – options? My wife and I have accrued over $90,000 in debt (credit cards, personal loans). We have been able to keep up with monthly payments until now and have reached our breaking point. I am working as much as I can, 7 days a week, and we have cut spending as much as we can. Our cars are paid off, we have no student loans, and we’re up to date on our mo…