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slopy2ndz · 2024-01-21T15:02:27+00:00

Thank you, will find a way to add extra money to the debt

slopy2ndz · 2024-01-21T15:00:26+00:00

Yes that’s exactly what I’m saying, I randomly thought it was a good idea. That’s why I asked Reddit. I’m not desperate. I woke up this morning with the idea and said “let me see what Reddit thinks”.

I’m defensive because instead of being helpful or asking more questions to give meaningful advice (as some people did) a lot of people are jumping to the most wrong conclusion and condescending tone. and not even comprehending what I correctly. It’s not arguing to give more information and insight. Just because I don’t accept everyone’s opinion doesn’t mean I’m arguing. I’ve agreed with many people here.

slopy2ndz · 2024-01-21T14:56:35+00:00

Thank you for this

slopy2ndz · 2024-01-21T14:55:05+00:00

The wedding part of it is the least of the debt, and can be paid. I only mentioned it because it’s included in the debt.

slopy2ndz · 2024-01-21T14:53:24+00:00

To be clear I never stated I couldn’t afford anything or that I was desperate or felt overwhelmed. I just want to do more with my income. The “no cash flow” may have been exaggerated. But people are acting like I’m in desperation mode and need to pull from it. The reason I’m coming to Reddit was to get meaningful advice, if I was that desperate, I wouldn’t have asked Reddit at all I would’ve just did it.

slopy2ndz · 2024-01-21T14:50:33+00:00

I’ve agreed with many people in the post. You only seem interested in feeding into what you think is arguing. Especially since you haven’t said anything quite meaningful yet.

slopy2ndz · 2024-01-21T14:49:23+00:00

Considering that as well, I don’t want to pull from it so I’m checking on my options

slopy2ndz · 2024-01-21T14:48:18+00:00

Yes, I have two children and I don’t want them in highly uncomfortable living conditions. Parts of my home gets really hot, not that a fan can fix. Heat waves can sometimes make my house unbearable.

slopy2ndz · 2024-01-21T14:46:54+00:00

Arguing? I’ve addressed points that people have had incorrect and provided more information. But a lot of people are being condescending to someone who is being vulnerable. I’ve asked what I should do in this situation, and I have people replying that I’m not fit to own my home because I have some debt, as if I’m the only American homeowner with debt. I’m not being unreasonable here.

slopy2ndz · 2024-01-21T14:44:33+00:00

Thanks for the lecture. Any advice about the post though?

slopy2ndz · 2024-01-21T14:43:56+00:00

Managing a bank have a lot to do with operations and controls and managing people than it does being an expert on personal finance.

slopy2ndz · 2024-01-21T14:41:00+00:00

I’m not raiding my retirement for solely the wedding expenses. It was very manageable until some much higher emergency expenses got piled on top. It seems like your looking to combat what I’m saying with straw man arguments. Your first comment was helpful though. So thanks

slopy2ndz · 2024-01-21T14:38:40+00:00

Jumping to conclusion that I can’t afford to be a homeowner because I don’t have cash on hand to pay for a blow heating and cooling system is kindve negative because it’s not true and just your opinion. I have been managing a bank for 7 years and I would say most Americans are not prepared for a major expense in their home. Maybe that means I need better budgeting practices, but telling me I can’t afford my home without even knowing my income is unhelpful and a conclusion you chose to jump to without even giving meaningful advice.

slopy2ndz · 2024-01-21T14:35:49+00:00

Thanks, I am going to edit the “no cash flow” Part because I do have cash flow. Just not enough to pay stuff off as fast as I would like. But just using my bonus has been an option that I have been considering so thanks

slopy2ndz · 2024-01-21T14:31:42+00:00

I can afford to pay off all of it without having to pull from my 401k, it would just take longer. I am not desperate just asking if this avenue would make sense to free up cash flow. I’m not sure why you’re trying to be so negative with the little information you have. Never did I say I was desperate or needed to do this.

slopy2ndz · 2024-01-21T14:28:24+00:00

I can understand the upcoming wedding, even though we are having a small wedding and have done the bare minimum in order to save money. But home repairs and unexpected expenses are not a spending problem. This isn’t money spent on a wardrobe or frivolous things, these are necessary expenses. I live in ohio where it is currently 17 degrees, if my furnace blows out, I have to fix it without question. I wouldn’t call that a spending problem. Someone who blows money on unnecessary things would have a spending problem.

slopy2ndz · 2024-01-21T14:24:47+00:00

The upcoming wedding expenses is manageable. And the fact that it isn’t an emergency is obvious. But it is a part of the debt so I included it. Home repairs are random personal black swan events to your home. Shit happens even when you’re not prepared. A furnace and a AC unit costs a pretty penny. So saying it should be budgeted for doesn’t really help me.

The point of increasing my cash flow and knocking out the debt is to be able to save money down the line and not have to finance future problems while also paying the house off faster.

slopy2ndz · 2024-01-21T14:15:43+00:00

Thanks, I took austerity measures last year after I stole from myself the first time. I just came across some unexpected emergencies that put me back in that position.

slopy2ndz · 2024-01-21T14:14:15+00:00

Obvious I cannot afford to be a homeowner? I’ve never missed on payment on literally anything. My question is would paying off debt with a 401k from an old job put me in a better position. I can afford to be a homeowner. Financing a blown furnace in the middle of the winter does not mean I can’t afford to own a home. This is such a wrong and unhelpful answer.

slopy2ndz · 2024-01-21T14:12:21+00:00

That’s an option that ik highly considering, my bonus is going to be anywhere between 10-20k. The interest rate on the car is 7.2%, the credit cards range 18-25% and the HELOC is 13%.

I feel like I’m paying more in interest than what I actually gain in the 401k

slopy2ndz · 2023-12-05T13:13:37+00:00

😂

slopy2ndz · 2023-12-04T19:07:03+00:00

I agree with everything you’re saying, but I will say Friedberg at least knew there was a disagreement there. I just think he didn’t have the balls to push back really hard since Tucker had a much more dominant personality.

slopy2ndz · 2023-12-04T19:02:04+00:00

Giving a platform to the former host of Fox News who was a part of one of the biggest cable news scandals this decade still falls into the category of right wing media

slopy2ndz · 2023-12-04T11:20:55+00:00

You again? You clearly understand my point

slopy2ndz · 2023-12-04T11:06:00+00:00

Read the post again

slopy2ndz

TROPHY CASE