$20k debt, 80k salary. How fucked am I?
Credit is 590, 11k in credit card debt, each card at 26+ APR, 9k in personal loan, 11% . APR is killing me Not counting home loan, but 120k there. Living paycheck to paycheck and 8-5 lifestyle is making it hard to find other part time opportunities. Any advice? Throwing everything i can at my cards, but it's hard to keep my head above the water. #personalfinance
Sounds like you need more Dave Ramsey in your life.
Yes follow the baby steps
What kinda car do you drive?
an old 2005 beater lol
Pay off credit card debt asap. Do you have any savings? If not, can you roll it over in a personal loan?
No current savings. Just started my job so I'm going from 100% card use to nothing.
@chuseok knows what I'm about to say
Switch to new job and use signing bonus to pay off ALL the debt.
Lol, if I could I would. Not in a field where my signing bonus would be that high
What’s your position at Coinbase?
I think you need a vacation to relax.
Right, take vacation and add another couple grand to the credit cards!
Do a refinance or get a Line of credit on your home loan. Use that to payoff credit card debts . Rest will be easy. Or get a 0% Apr credit card offer to payoff your credit card debts
You work at Coinbase. How do you only make $80k?
It’s BECAUSE they work at Coinbase. Follow the $COIN stock.
Still, their base is like $150k minimum.
Do you have room to rent out a room in your new place? That would bring some relief. Second job at DoorDash, Uber, Lyft. Learn to cook.
You should get a loan for Lamborghini now