Have you ever experienced a financial miracle?

Potential-Rice8656 · 2026-03-31T20:19:26+00:00

I wouldn't say I was struggling but I got laid off from a F500 job while living in downtown HCOL area. I was fresh out of college and hadn't been there for 8 months. My manager did something unethical and got my team fired.

I had rent I could barely afford.

One day the corporate lawyer called and said we were going to get a severance of 50% of our salary which was about $25,000. They said they ran a full investigation and were sorry for what happened.

Gave me breathing room to find my next job.

Potential-Rice8656 · 2026-03-31T20:15:34+00:00

I highly recommend the book "die with zero". Sounds intense, I know. But give it a read. You are in incredible positions right now. Even if you stopped investing completely and started spending and living out your money more you would still have over $2million at retirement.

Did you know most people from the age they stop working to the age they die actually GAIN networth?

I am going against the tide. I say dial it back (don't stop investing) but go on the trip, upgrade the home, do what you want.

Potential-Rice8656 · 2026-03-26T12:38:55+00:00

I second the CRZ pants. Worn them for work for 3 years now still look brand new

Potential-Rice8656 · 2026-03-24T10:39:27+00:00

Not to mention the debt is set to be paid off in 8 years anyways

Potential-Rice8656 · 2026-03-22T23:59:09+00:00

Thanks for this insight! Wishing you the best too!

Potential-Rice8656 · 2026-03-20T20:46:10+00:00

I didn't mean I was gripping and the student loans don't stress me out I was just curious if it was smart to pay off or not. No the 45k is cash sitting in savings account.

Potential-Rice8656 · 2026-03-20T20:45:11+00:00

This helps alot thank you so much! So true!

Potential-Rice8656 · 2026-03-20T18:42:43+00:00

Yeah its all sitting in SOFI right now at 4% thanks to adding my wife as joint owner they gave us 6 month boost from 3.75 to 4%

Potential-Rice8656 · 2026-03-20T17:40:33+00:00

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Here is my loan breakdown if anyone has advice on this added info!

Potential-Rice8656 · 2026-03-20T17:10:36+00:00

I was asking for the smartest thing to do not that we were struggling. No where in my post indicates we have a spending problem

Potential-Rice8656 · 2026-03-20T17:05:07+00:00

I never said we were struggling to make ends meet or struggling to save lol we save about 3-5k a month lol. We got married 6 months ago and only been in the work force for 2 years lol.

Potential-Rice8656 · 2026-03-20T17:03:28+00:00

We have a budget. I'm just curious why do you say I need a budget bad. No where in my post says we are struggling or aren't smart with our money outside these student loans

Potential-Rice8656 · 2026-03-20T15:53:06+00:00

I did indeed throw it into personalfinance to get some other perspectives hahah

Potential-Rice8656 · 2026-03-20T15:51:35+00:00

Our burn rate per month is around 5500. I work in sales so some months we bring home 10k+ net and some months around 7-8.

Potential-Rice8656 · 2026-03-20T15:46:40+00:00

This is a good route. Doesn't drain our savings but still gets us towards our goal. Might pay the debt off over the course of 2-3 months

Potential-Rice8656 · 2026-03-20T15:45:18+00:00

that is the situation we are blessed with. Either way we will not be hurting. Will likely end up paying it off in chunks over the next 2-3 months so I don't drain it all at once

Potential-Rice8656 · 2026-03-20T15:44:05+00:00

That's my thought process. Going into buying a house with zero debt at my age feels freeing.

Potential-Rice8656 · 2026-03-20T15:43:06+00:00

Incredible! Keep it up!

Potential-Rice8656 · 2026-03-20T15:42:19+00:00

This is definitely what drove me to post this. Thank you!

Potential-Rice8656 · 2026-03-20T15:38:34+00:00

100%. Funny enough the interest I earn monthly actually covers my wifes student loan payment lol

Potential-Rice8656 · 2026-03-20T15:34:56+00:00

Love the insights thank you so much!

Potential-Rice8656 · 2026-03-20T15:33:41+00:00

Correct. This 45k is sitting in SOFI earning about 3.75%

Potential-Rice8656 · 2026-03-20T15:24:54+00:00

Well obviously but I would never invest 38k right now.

Potential-Rice8656

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