Hi Im Bicho6 and I want to learn how to save.
I'm 27 y/o and I just got a new job that will bring in 70k a year not including bonuses
I have 5k left on my car with 18 months left
I have about 24k in studend loans at around 3.75% interest
Believe it or not that is about it on my debt. I am getting married in July 2008, My fiance and I have been saving for that past few months and we have 12k in a HSBC online savings account making 5.05% interest. I am lucky to live with my parents rent free. This allows me to save alot of money both for the wedding and for a house.
I live in Rhode Island where multifamily/tenement homes are all over the place. If I purchased one of these the renters income would be a huge help in paying for my mortgage. But the laws for multifamily homeowners are tough on us. If a tenant were to not pay it would screw me up bad. Does anyone have any experience on this sort of issue and tips on saving for a home and wedding at the same time.
oh my fiance is a school teacher making about 40k a year (its her first year)
My new job will be offering me a 401k that matches 50%. It will be a no brainier to max that out but other than that what should I do. how does someone like me start saving for a retirement, wedding and home all at once while paying off school?
Thanks for any help
I'm 27 y/o and I just got a new job that will bring in 70k a year not including bonuses
I have 5k left on my car with 18 months left
I have about 24k in studend loans at around 3.75% interest
Believe it or not that is about it on my debt. I am getting married in July 2008, My fiance and I have been saving for that past few months and we have 12k in a HSBC online savings account making 5.05% interest. I am lucky to live with my parents rent free. This allows me to save alot of money both for the wedding and for a house.
I live in Rhode Island where multifamily/tenement homes are all over the place. If I purchased one of these the renters income would be a huge help in paying for my mortgage. But the laws for multifamily homeowners are tough on us. If a tenant were to not pay it would screw me up bad. Does anyone have any experience on this sort of issue and tips on saving for a home and wedding at the same time.
oh my fiance is a school teacher making about 40k a year (its her first year)
My new job will be offering me a 401k that matches 50%. It will be a no brainier to max that out but other than that what should I do. how does someone like me start saving for a retirement, wedding and home all at once while paying off school?
Thanks for any help