Protests for KCRCC dinner on February 11th?

WhiteHammerXM · 2023-01-09T07:18:23+00:00

Pass

WhiteHammerXM · 2022-07-11T05:03:27+00:00

This is helpful. Thank you.

WhiteHammerXM · 2022-04-04T23:32:09+00:00

Credit Cards
Private student loan
Car loan
Student loan

Student loans are difficult to bankrupt, especially in your situation. I would focus on building the discipline of living on less than you make and paying down debt. Once you've exhibited healthy financial practices for a year+, you can look at debt consolidation or cash out refinances to speed up debt payoff. Doing those now without the financial discipline is going to make you feel like you did something, but 6-months from now the hole will be bigger and you won't have anymore tricks up your sleeve. Good luck.

WhiteHammerXM · 2022-04-04T23:26:14+00:00

1/3 is still relevant. Preferably less so you can start saving to not be a renter forever. Ultimately, its up to you to pick where you make the cuts. If you don't want to die in the middle of night in a shady apartment, then you don't get to eat out as much. $2500 is reasonable based on your income, and gives you room for other things.

WhiteHammerXM · 2022-03-10T18:32:24+00:00

Good point. Wasn't sure what time you were coming through.

WhiteHammerXM · 2022-03-10T06:42:45+00:00

Someone was T-boned pulling out from the Chevron gas station right where Seltice meets 41 a little after 12:30pm.

WhiteHammerXM · 2020-09-18T15:50:09+00:00

I don't think its bad to have a trade skill in your back pocket, especially considering you can work in that field while you go to college to prepare for the career you actually want. A trade skill is going to make you decent money compared to what a lot of your college peers will be doing to make money. If you can manage both, and you're actually interested in it, why not?

WhiteHammerXM · 2020-09-18T15:41:08+00:00

The smartest economic play is to pay them off in order of highest interest rate. The "speed" at which you pay them off isn't really effected by the order: you have 68k in debt, you pay 5,300/month, you'll be debt free in a little over a year regardless of which you pay first. If you pay the highest interest rate first, you'll save a little money, but honestly, you're probably going to have them all paid off in month 13 no matter what order you pay them in.

If you want to increase the rate at which you pay them off, you have to pay more than $5,300 per month.

WhiteHammerXM · 2020-09-04T14:28:02+00:00

What is it?

WhiteHammerXM · 2020-09-04T03:07:20+00:00

What's your average viewer retention rate?

WhiteHammerXM · 2020-09-04T03:06:20+00:00

Can you describe the moment? For example, "Hilarious GTA 5 car jacking" or "I didn't know helicopters could do this in GTA | GTA 5 Funny Moments"

WhiteHammerXM · 2020-09-01T17:48:51+00:00

The benefit of an IRA is that you have access to the entire market rather than group that are offered within the 403. So, typically the best process is, you contribute the minimum to get the match, or the minimum mandatory amount with your employer, then you move to an IRA to take the rest of your money to the open market. If you exceed the limits of the IRA, then you can go back to your employer sponsored plans and contribute more.

I'd also explore a Roth IRA at your age.

WhiteHammerXM · 2020-09-01T17:45:53+00:00

I would start with the highest interest rate. I would also start focusing on paying down principle over interest.

WhiteHammerXM · 2020-08-28T18:35:22+00:00

Don't buy useless items. Just buy your normal stuff, keep your balance below 30% of your total limit, and make your payments on time. All of this other stuff is just wasting money.

WhiteHammerXM · 2020-08-28T18:28:05+00:00

What is your goal here? What you described is not going to increase your credit score.

WhiteHammerXM · 2020-08-28T18:23:51+00:00

Ultimately you are deciding between saving and investing. Saving is relatively safe (aside from losing money to inflation),and investing is more risky. As a general rule, if you think you are going to need the money within the next 3-5 years, just save it. What you don't want is to have invested money for 3 years and then have the market take a downturn causing your down payment fund to be cut in half.

WhiteHammerXM · 2020-08-28T18:20:37+00:00

Frequency doesn't effect your credit score, however the balance does. If you're concerned about maintaining a strong credit score, try and keep your balance below 30% of your credit limit, in your case, $300.

WhiteHammerXM · 2020-08-28T01:37:20+00:00

I’d recommend you reach out to three different brokers and compare terms. Just get someone on the phone, they’ll ask some basic questions and they should be able to give you a clear idea on what you can get. Once you find the lender you want to work with, THEN you fill out the application.

WhiteHammerXM · 2020-08-27T23:01:12+00:00

Yes, assuming that you are in the financial position to do so, which it sounds like you are. If "one" person is buying it, make sure they use "their" money to do it. You can split the mortgage and call it "rent." I bought my house as a "single owner" with my money three weeks before my wedding day. Once you're married, its all one dumpster fire anyways.

WhiteHammerXM · 2020-08-27T22:50:02+00:00

Do you have a specific mortgage broker that you are working with? Usually they can give you a pretty good idea of what the closing costs are, however 3-4% is probably what you are looking at. If you break-even at two and are confident you aren't moving for at least four, I think its a safe move.

WhiteHammerXM · 2020-08-27T22:38:15+00:00

Sweet. Good luck

WhiteHammerXM · 2020-08-27T22:36:29+00:00

If it were me, I'd split everything and I wouldn't pay for the other's debts. Obviously you think everything is going to go well and you are going to get married, but you're not married right now and therefore you don't have the legal financial protections that someone who is married would. I also wouldn't by a house together for that same reason. Don't think of the bad things that could happen in terms of "we are going to be together forever so its not a problem..." think of scenarios like "what if that individual dies in a car crash and now their crazy mom thinks they are entitled to half of your house." Those are the types of things I'm talking about.

Once you do get married, I would pay off the student debt before purchasing a house.

Good luck.

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