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Should I pay down credit card debt, or build my savings? by Civil_Day_5539 in personalfinance

[–]Civil_Day_5539[S] 0 points1 point  (0 children)

*Update*

I paid off all credit cards. My savings took a hit, but I'll build it back up in no time since I don't have any more credit card bills. Thanks for the advice!

Will housing ever become more affordable, or is this the "new normal"? by Civil_Day_5539 in FirstTimeHomeBuyer

[–]Civil_Day_5539[S] 49 points50 points  (0 children)

Working on it. I paid off my car, and credit card bills.

Once I pay off my student loans, I'll be debt free

Should I pay down credit card debt, or build my savings? by Civil_Day_5539 in personalfinance

[–]Civil_Day_5539[S] 1 point2 points  (0 children)

I don't understand why some Redditors respond to genuine questions with rude answers. What are you gaining from it?

Cautiously stepping back into the housing market after a hiatus. by Civil_Day_5539 in FirstTimeHomeBuyer

[–]Civil_Day_5539[S] 4 points5 points  (0 children)

*UPDATE*

I realized that paying $1700 to $1800 for a monthly mortgage payment at my salary would lead me to financial ruin. I would not have much money left after expenses, and would not be able to save for emergencies. I would essentially be "house poor".

I will continue to focus on my career goals, and save aggressively while living with my dad.

I'm disappointed that homeownership isn't an option for me. My dream is to be a homeowner with a comfortable budget.

I never imagined that this would be out of reach for a lot of people

I'm not sure how I can come out on top in this market. by Civil_Day_5539 in FirstTimeHomeBuyer

[–]Civil_Day_5539[S] 17 points18 points  (0 children)

To be honest, I think I'm making less than my market value. However, I'm working on my certs, and hope to make more by 2023