i would sell those fkkrs

401k as it will reduce your taxable income .

"Can I invest in IRA’s" IRA or 401 is just the account type, you need to allocate what to invest in from there.

absolutely open a Roth on the side for money you might come into outside of work

i would

sell your car, no one should be @ 7% on a car loan - buy something in cash .

clean up your loans and credit cards so you can stop paying interest and build savings and wealth.

TL:DR 60k in debt with no assets

congratulations BTW,

avoid debt.

research boggleheads for investment strategy and Dave Ramsay for beginners steps in money management .

open a Roth and put in the annual max right now, and do the annual max again after first of the year .

setup an emergency fund with 9 month of living expenses.

max out you employer retirement offerings

i'm driving a '13 honda that i got in '15.

i don't care if i have to pay $1k/year to keep it on the road, still cheaper than a $35k car loan

1. yes GM/Dodge are crap
2. cars don't "die"

that's why i keep saying "PROPERLY MAINTAINED" .

routine maintenance can prevent surprises, not "ignore until it breaks"

you should pay it off and go without a car payment for a period

so go into huge debt and a larger negative equity position ?

that car can go 300k miles if it's maintained properly , but you do you .

a properly maintained '13 subaru with 160k miles . is worth more to the OP than it is to the car market.

best to use it for as long as possible after payoff

your best option is to keep the car properly services and continue to drive it .

pay it off ASAP.

cars are always negative equity and always have been

auto-pay is going to let you down and the 3rd parties have no responsibility.

you will be the one on the hook when something goes wrong with auto pay

You can start it with just a couple % , so it’s not like a big commitment