Debt Repayment Strategy I have around $8000 USD in debt. I currently make around 90k CAD per year which is roughly 2300 CAD Biweekly. My yearly bonus is somewhere between 5k-10k CAD. My credit card has an interest % of around 29% (yikes!). I have nearly 70k USD in investments with a return of around 18% in 2024. Would my best solution be: to aggressively pay of with w…

Student Loan Repayment? Hello Reddit! I have a question. Like most of us, I have student loan debt. These are not private loans, they were FAFSA awarded subsidized and unsubsidized loans. I have about 11 different loans from 5 years in school ranging from 3-4% interest rates each. I’m paying roughly 367 per month, around 140 of which is going toward interest and the re…

Student Loan Repayment Strategy Question Hello, I am a recent college graduate and I have a question regarding repayment of my student loans. I was fortunate enough that my parents were able to pay for most of my college, so I am left with only about ~$20,000 in debt at ~3.5%. I also was fortunate to secure a well paying job in a low cost of living city, so my monthly expenses are also…

Student Loan Repayment Options I’m looking at my student loan repayment options. I’d heard that the SAVE plan would be better than what was previously available, but looking at it now it looks too good to be true. Compared with my current plan, my monthly payment would be less and the total I’d pay would be dramatically lower. The only drawback is that I’d end up paying a lit…

Tuition reimbursement repayment within same tax/calendar year My previous employer provided $10k tuition reimbursement which I got paid in July of this year (2023). It was paid out per the current tax code with $5,250 pre-tax, the remainder taxed. After starting a new job, I’ll need to repay this amount (August, 2023). How can I ensure that I receive a tax credit for the $4,750 that was taxed? Should my pr…

Student loan repayment plan Hello all, I’m barely learning about personal finances so I would really appreciate input and feedback about my plan. Also I’m sorry if I don’t use proper terminology in my post 24 years old, living with parents Income: 50,000 annually Basic bank account: 3,000 HYSA: 11,000 @ 4.15% CD: 1 – 10,000 @ 5.2% matures in 3 months 2 – 10,000 @ 5.3% matu…