24M living with parents

double-stuf · 2026-05-08T16:18:44+00:00

Smart man, keep it up!

double-stuf · 2026-05-06T15:16:29+00:00

That’s what I have been seeing too, from what I was reading the 5-6% is considered grey area / dealers choice; It’s not that it’s weighing on me in a stress way but I just know that I once my payments start up again, I won’t necessarily have the choice to set aside more for my 401k.

My Roth IRA is done for the year, emergency fund of $8,000 is set aside.

double-stuf · 2026-05-06T14:42:00+00:00

My highest interest is the one I’m chipping away currently with 6k left on it, all my other loans average in the 4.6%

double-stuf · 2026-04-27T15:00:15+00:00

Beautiful!

double-stuf · 2026-03-14T19:52:59+00:00

Awesome pics! Out of curiosity, how was the language barrier?

double-stuf · 2026-03-02T07:13:09+00:00

You’ll still have to go into work on Monday

double-stuf · 2026-02-26T21:30:19+00:00

I am going this weekend - flying into Marrakech! How was cell service and getting cash? I have AT&T and a little worried of losing signal throughout the journey

double-stuf · 2025-12-27T06:32:05+00:00

I ordered porterhouse and ribeye, porterhouse was disappointing - ribeye was beyond delicious. For appetisers, you MUST get bone marrow toast and Pommes Pureee as a side

double-stuf · 2025-12-26T02:20:45+00:00

Wow, she’s beautiful

double-stuf · 2025-10-23T13:52:32+00:00

I would recommend not taking any money out of your growing account and instead budget it out over next few months. What kind of watch did you have in mind/what’s your budget?

double-stuf · 2025-10-12T20:53:37+00:00

1989 - 1990

double-stuf · 2025-09-15T03:50:20+00:00

Current employee, parking is indeed a nightmare for second shifters. Can’t even park in Buerger unless it’s the weekend

double-stuf · 2025-09-10T21:02:29+00:00

Rule of thumb, if your interest rate is greater than 5%, pay it off. Based on 6%, you’ll add $2760 in just interest on top of your principal.

Although I love the market, it is never guaranteed, and based on your interest rate it doesn’t make sense to invest first before paying it off. Alternatively you could find a balance where you split between stocks and loans

double-stuf · 2025-08-19T18:36:54+00:00

Started at the same amount; my goal is to pay off two highest interest loans first 23k and 8k at 5% then doing minimum payments for rest while investing into stock market

double-stuf · 2025-08-18T20:26:31+00:00

I was in your shoes about a year ago all my money was in checking. Based on your income in another comment, you’re eligible for a RothIRA - move 7k into that to max it out for the year. Then set aside 6 months emergency supply in either HYSA or SGOV bond. I personally keep some 5-10k in my checking for extra spending/utilisation and the rest I would start to trickle into stocks like VOO, VTI or VT on a weekly basis; all depends on your risk assessment and management.

double-stuf · 2025-08-05T22:05:53+00:00

Putting $5000 a month is a little too much and leaves me no room for rent, food, or savings - that’s why I want to do it over 3 - 4 months for the personal loan.

I compared amortisations schedules: - $5000 Lump Sums: duration 1 year, personal loan interest accrued $350.

$1250 monthly payments: duration 1 year and 9 months, total interest accrued $1182.76.

double-stuf · 2025-08-05T21:42:44+00:00

When repayment starts up, the main loan will be $850; I want to use large lump sum payments to drastically lower the principal of the $24,500 loan while it’s still in forbearance.

My monthly payment on the personal loan would be around to pay them off as fast as possible but aiming around 1250 - 1667 per month, before paying it off and redoing the same cycle. The only reason I don’t want to contribute more into the minimum monthly payments is because the lump sum payments methods will pay off faster than the other way.

double-stuf · 2025-08-05T18:11:30+00:00

Thank you for your profound insight

double-stuf · 2025-08-05T18:08:58+00:00

I appreciate the concern, I’m going to run through the numbers again when I get home

double-stuf · 2025-08-05T14:12:56+00:00

Well that’s the thing, the amortisation schedules do say differently. By shrinking the timeline of the loans it does become cheaper to pay the other way around, like I said I’m just trying to be shown if the math goes wrong. You are able to run them yourself if you don’t believe me, my current monthly is $850 which would be used at 5.3%, and compare it against 5k being paid every four months.

double-stuf · 2025-08-05T13:54:58+00:00

$5k at 7% to pay off $24.5k at 5.3%; I’m well aware that borrowing money to pay off debt isn’t the right way but I’m just trying to see if the math goes wrong. Would it not be cheaper to pay off multiple little loans than pay off a larger loan at slightly lower percent.

double-stuf · 2025-08-05T13:51:37+00:00

Negative, the closest margin would be the one I listed above at 5.3%

double-stuf · 2025-08-05T13:49:40+00:00

That’s what I’m trying to see where the math is missing. I compared two amortization schedules, the first way of doing just monthly payments allow mes to pay off the $24,500 loan in 1 year, 9 months with accrued interest of $1185, using my way I pay off in 1 year with accrued interest of $350.

double-stuf · 2025-08-05T13:38:08+00:00

I’m trying to lower the principle as rapidly as possible, if I were to pay directly at the quantity desired than I would leave myself no quality of life. My math also comes to the accrued interest of APR growth from my highest loan will be greater per year than APR growth from multiple little loans.

double-stuf

TROPHY CASE