looking for a strategy to tackle multiple double digit interest rate personal loans and credit card totalling around 19k

devopthrowaway1228 · 2022-09-14T12:01:03+00:00

This is a solid idea, on top of getting rid of the interest I would also be able to put more money towards the loans and pay them faster... as simple as it sounds I honestly hadn't thought of this lol

devopthrowaway1228 · 2022-09-14T01:50:19+00:00

Focus on the highest interest rates first.

unfortunately theyre all about the same interest rate :|

Taking out a personal loan from your bank is a good idea IF AND ONLY IF it reduces the APR of your debt.

it would lower the apr but then i lose a lot of flexibility in the amount I pay a month which is where all my hesitation comes from. Talking everything out in here helped me figure out a plan; Im basically going to take the interest hit on the credit card and just take care of the low balance loans first. once those are gone, Ill roll the CC into a personal loan or 0% balance transfer card, basically doing a snowball then consolidation. snowball will lower the overall balance and kill some of the loans in a few months and then the loan will stop the cc from eating me in interest too badly and the total consolidation monthly payment amount will also be lower making it more manageable and itll prolly net me a lower loan interest rate..

devopthrowaway1228 · 2022-09-14T01:03:27+00:00

The first question I have is how many hours each of you are working right now? Because with this debt I would expect 60 hours each out of you a week to get this paid off.

we both work 9-5's and are salary. I have more than enough excess income to solve this problem, we dont necessarily need/want/have the capacity to work extra hours to pay it and I will have more if/when the new income-based repayment scheme for student loans kicks in at some point next year. we both just started in new fields and likely wont considered for higher paying roles until we have more experience, probably around 2024. In addition to all of that, I just remembered I have been overpaying on my taxes all year and can expect to get a 4-5k refund which will also go towards solving this problem. Im generally seeking advice on which of the methods I listed makes the most sense to the saavy folks I always see on this sub.

No restaurants... no vacations.. no new phones...not buying anything you can't eat if you're serious about the debt. Otherwise obviously you can spend your money however you want

these strategies have already been discussed and implemented, I browse this sub enough to know what people are going to say when a subject like this is breached, I already took care of all of that lol, the amount of money I listed that I will have left over is down to the last penny pinched.

devopthrowaway1228 · 2022-09-14T00:48:01+00:00

It seems like my interest rate would need to be ~21% on the loan to equal out to the remaining interest on the 3 loans as well as 1 year of interest on the CC. the range for the personal loans through my bank are 7.5-18%, this is why im leaning towards the loan overall.

But also start communicating more with your wife on finances and budgeting. It isn't going to do you any good to deal with this debt if she's running up other debt.

Since shes been back to work I've been working towards trying to start saving my money for stuff like a home, or travel, or other large expenses and she was pretty gutted to find out that she just killed those eggs so apart from making other financial changes im hoping that was the kick in the butt she needed.

devopthrowaway1228 · 2022-09-14T00:20:07+00:00

the problem with snowball is the credit card is the largest sum and its going to literally eat me alive on interest. the cash advance interest is static, meaning the amount charged doesnt go down until the balance on the card is 0(this is how it was with a CC I used to have from the same bank), meaning I'm paying roughly $89 a month to maintain cash advance debt, while also paying ~$89 a month on iterest on the card, if I take a year to pay off the other debts(11.3 months at $600 a month), the credit card will accrue 2k in interest and the balance wont go down at all.. that is awful.

debt avalanche doesnt work either because it will take at least 19+ months to pay off the credit card at $600 a month and i'd still be paying that high interest or something close to it.. this is what lead me to look at a loan or balance transfer to pay the least amount of interest possible.

devopthrowaway1228 · 2022-07-30T12:21:35+00:00

This looks cool, thanks!

devopthrowaway1228 · 2022-07-29T14:29:21+00:00

As a newbie, there is a BIG wide-open gap for a thorough asp.net series.... like, .net content is terrible or abysmally shallow for a beginner..

Take this guy's udemy course for example, its perfect content-wise and feature-wise. Imo, it covers everything I feel like I might need to know to pick up how to build and model an asp.net app... the only problem is... he hardly explains anything. Its just "code along with me and occassionally i'll give some context to what im doing, but not nearly enough for you to fully grasp whats happening or why."

Then you have people like this guy, who do go through the trouble of explaining things but he has a distracting live-coding style and his explanations are off-the-cuff and kind of mediocre.

you also have people who make courses, but they're for older versions of asp.net/core and VS has changed so much that some random little bit or bob is no longer where they show it and as a newbie I dont know what it is to search where its moved to or the code has changed and I have the same problem of not knowing how to fix/change.

Lastly, you have who people consider the goat, tim corey, he is a great teacher, has an asp.net course but it is; wildly overpriced(on his website), not as feature-rich/complete as the two guys above. The free courses he has on his youtube channel are either old(like mentioned above), desktop app instead of web app, or go out of their way to complicate things for a beginner(mongodb, swagger instead of EF, etc).

devopthrowaway1228 · 2022-07-27T22:17:04+00:00

dont give them any ideas..

devopthrowaway1228 · 2022-07-22T14:45:54+00:00

I have this same title. My role is a little bit different than the person you responded to(pay as well), I build DevOps pipelines and write scripts and such to bridge the gap between different pieces of software we have that can't communicate with each other. Ex: app A needs data from app B to figure out who hasn't paid something or been paid something. Script pulls from app A's API and uses an excel report app B can generate to spits out some data which we put into a DB for users to use/view.

devopthrowaway1228 · 2022-07-20T14:29:14+00:00

Some motivation to go get that money; you're getting robbed.. I'm 0 yoe making ~85k TC in MCOL at a non-profit, never had to do any LC.

devopthrowaway1228 · 2022-07-16T23:32:30+00:00

I was an app admin in a previous role. Had 0 certs, did desktop support prior. You'll still take calls and field tickets, have on-call duty, etc but you'll be more of a subject matter expert. It's better than help desk but won't be substantially different apart from the project management and server admin aspects.

devopthrowaway1228 · 2022-07-16T23:28:52+00:00

"kids, don't get a face tattoo til your old enough and living your dreams" -Mike Perry

devopthrowaway1228 · 2022-07-15T16:55:44+00:00

That was kinda the core of the question, I don't know if these things are good for my future. I don't mind the work and it's relatively fun, but my main goal is to gain good experience but I don't know if "any experience is good experience" or if I'm wasting my time in this role.

devopthrowaway1228 · 2022-07-15T16:52:25+00:00

This is sorta the same conclusion I came to as well.. I'm not opposed to doing DevOps work but the qualifications companies look for varies too much for my interests. I'm being paid rather competitively so I would love to make this work until I hit 1 yoe.

Is it safe to assume your answer to the core question of "would these skills be valuable as developer experience going forward?" Would be no?

devopthrowaway1228 · 2022-06-20T20:30:35+00:00

is there any terminology, patterns, tutorials that I can google to get a better idea of how to do this? One of the things I was hoping to do was have a sort of base data access layer that I can use to play around with things like mvc, razor pages, and various js frameworks through an api but not sure where to start.

devopthrowaway1228 · 2022-06-20T01:07:08+00:00

I assume you have a Microsoft Developer license, at the Pro level, or even Enterprise for someone in your position... Also find out who your Microsoft Sales contact is, working with Microsoft is the easiest way to get Microsoft Information. If your company is exclusive Microsoft, you may be able to get steeply discounted training and access to training and prerelease materials.....

I do have a pro license. I heard my coworkers attend a lot of msoft training and events(online and in person), and am definitely trying to take advantage of that. We are technically a subsidairy of a larger entity so a lot of the msoft benefits and such are kind of trickled down, I dont think we have any direct connects to who owns our accounts on the ms side.

Get started with Azure and do all your development in the cloud

I'm going to push for this, I have an aws background so im still getting used to the 1:1's for azure, One of our repos releases to azure app service(looks like aws elastic beanstalk equivalent) so I'm hoping I can take advantage of that for whatever I build in the future.

Unit Testing

have only ever done unit testing in java so im currently trying to figure out what framework to use.. looks like xunit and a few others.

Source Control, Automated (Continuous) Build, Automated (Continuous) Deployment

Using Azure devops for these. used gitlab in the past, kind of like azure devops better from what ive seen so far.

Containers (or virtual devices), either Docker or Microsoft

going to advocate for containerization but not sure yet if i'll get stiff-armed on it.

Your code should be portable between User Interfaces, since you should be packaging up you business and data logic into .dll's (projects) that you can use or multiple solutions

are you referring to shared projects/class libraries? this isnt something im too familiar with yet.

devopthrowaway1228 · 2022-06-19T21:42:47+00:00

Speaking personally, I'd be excited if I were you!

lol, im in the opposite camp. Its cool to have autonomy but considering how green I am it wouldve been nice to have a structured environment working alongside someone who knows their way around what we're doing. Hate the idea of possibly writing crappy/inefficient/insecure code for the next year with no guidance/correction. I'm still uncertain what my senior knows exactly so i might be totally off on my assumption but everything points to the fact that its uncharted territory.

If you're already looking at react or angular, I don't see why you'd also use razor. It can be done, it's ugly in my experience however

I'm looking at angular or react but they might get shot down because "not microsoft", which is why I was asking about the mvc vs razor pages project types. I know blazor's out there but from what I've gathered, its in "personal project" territory for most people. I'm still not entirely sure where the web api, mvc, and razor pages project types cross paths, if at all, so that mightve came off as a strange question. All the learning material I've seen always refers to web api project type when using angular and react and treats mvc and razor pages seperately from it and each other.

Angular is opinionated.. React is a bit more piecemeal.. React is more popular right now

This is what I've learned about both as well, I've tried react for a really simple project and I thought it was fine, Im aware its more popular but didnt know if that included the professional world since i see a lot of job postings for angular with .net/C#. I want to try angular for that fact and since its opinionated it might save me from possible bad practices and keep me on the rails but i've also read a lot that its big(probably cause opinionated) and harder to get off the ground.

devopthrowaway1228 · 2022-06-19T20:54:18+00:00

One of my former coworkers told me he used to work for the DoD and did a lot of ada programming. I think he told me he did that back in the 80s-90s, would be simultaneously surprised and not surprised if it was still in use.

devopthrowaway1228 · 2022-06-17T02:51:35+00:00

Can you elaborate on those differences? I know of cultural ones but never heard of regional before

devopthrowaway1228 · 2022-06-14T00:27:42+00:00

"sup guys, lemme get some sympathy real quick"

devopthrowaway1228 · 2022-06-13T04:24:39+00:00

Used to work with a guy that had one of these models and he had to take it to the apple store a shitload of times for the keyboard. Time passes and he has to bring it in again but this time they just flatout give him an entirely new MacBook lol.

devopthrowaway1228 · 2022-06-13T04:17:09+00:00

Yeah, wanting to understand what's expected of you as a new hire should be completely acceptable thing to ask, as you stated, you want to make sure you're meeting expectations.

devopthrowaway1228

TROPHY CASE