Submitted by [deleted] t3_z5qpbq in personalfinance
Space_-_Trash t1_ixxkj16 wrote
Stop 401k until you get expenses/liabilities in check.
Saving doesn’t just happen. You have to force yourself. Set up direct deposit of 10% of your take home pay to a savings account. That’s about $400/ month.
How much do you owe on SL?
Novax___Djocovid t1_ixxkyr0 wrote
Right now I do 6% 401k just for the company match. I do 100 dollars a paycheck to savings account.
i have 52k in student loans.
SilverRadicand t1_ixxn4d2 wrote
If you don't have it already, make sure you get your emergency fund of three months of expenses set up before you go ham on the loans. That way, you won't be scrambling when your car inevitably breaks down or you get laid off etc. Once you have that minimal amount of emergency fund, then you can go ham on the loans and get them knocked out.
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