do i have any financial advisors on here???
alright i need some financial advice.
i’m 20 years old. i’m very smart with money. not big on shopping. i spend my money on my few bills and occasional travel.
since the pandemic i’ve been getting unemployment but i’ve also been working. so i didn’t need to spend my unemployment. which means i haven’t spent a cent of it. by the end of the year i will have an extra, free $17,000.
i want to be very smart with this money. this is the most money i have ever had.
my credit is 710
i pay $50/month for phone.
$10/month for music.
car insurance $267/month
i have a $15,000 car note. ($369/month)
i have $2,900 credit card debt. ($60/month) (stupid decision of trying to invest in a business and failed lol but anywaysss.)
i have invested $457 into stocks so far.
i just want to use this money to my advantage.
it’d be great to pay my car off and credit card. but i also want to invest in some way. to be able to make more money. i’m also moving out with my boyfriend in a few months.
if this was you in my situation, what would you do?
TO CLARIFY: i lost my job and got a part time job. if you work part time you are still eligible for unemployment. the job i lost, filed unemployment for me. thanks anyways.😉
also the car was a good purchase for me personally. i had a car i paid in full for, the transmission went out after a year. i finally decided to bite the bullet and finance a car. i drive a lot (long distance relationship, work, and travel) and want a reliable car to last me for years and years. it had 11,000 miles on it. definitely not selling that.
Achieve your health goals from period to parenting.