Which job offer is better? - Position is the same. Offer one is $93k per annum, 22 paid days annual leave, 50 miles every day round trip, no WFH.Offer two is $83k per annum, 32 paid days annual leave, 7,5miles round trip to office. Hybrid work policy. 2 days in ... See More office 3 days at home.Both have same career progression and opportunities as in same or related industry. Limited bonus in each so should not be considered and similar perks.Which is more financially lucrative?
Does it ever make sense to be house poor? - I’m a 26F who currently pays $1330 in rent and total bills are $1650 a month. I make $3700 a month post tax. I have a side hustle and can make upwards of $1k a month but it’s not stable. ... See More $30k in savings, 20k in retirement, no CC debt and 8k in student loans. I have no car payment but I’m coming up on 9 years with my Honda accord. Im currently in nursing school and set to graduate and start working as a new nurse in October. I accepted an offer but don’t have salary details yet. Im looking into buying a home. A new build at $255k (the cheapest one). I was approved for FHA but the rate is 6.5% which puts the mortgage at $2,305. I assume my new nurse salary will be similar to what I make now, but hoping for salary growth opportunities. My lease will end after graduation and though I don’t mind my apartment, I’ve dealt with a lot of in-unit issues and awful neighbors. I’m getting a little tired of renting and would love to be in my own home. Given that the mortgage is at least more than half of my take home pay now, would it ever make sense to do this? I keep being told that the rates will never go back down and home prices will keep going up. I am expecting to get a 10k sign on bonus, and considered dividing this by 12 and paying house stuff first, and paying the rest with my salary for the first year.This would be about $1500 that I would pay from the nursing pay into the house. Of course I can get a roommate, but I know i shouldn’t rely on that. In my area, a lot of homes are older and at least $250k but in less desirable areas. Being that I’m a single woman, it’s important for me to feel like I live in a safer area. Townhomes in the area were built in the 80s, priced around $200k but the HOA fee brings the estimated mortgage amounts to around $1900. Everything I’ve looked at seems to need a lot of work. Sorry if this is a lot of info, I’m just at a loss on what to do and eager to own a home. I understand homeownership comes with a lot of unexpected expenses. I do not know what my rent price will be if I resign my lease yet. I wouldn’t mind resigning but I know I will have to go through this process at some point.Edit: I’m going to keep renting and saving until Im a little more stable. Thanks for the responses
Where should my $5,000 bonus go? - I’m looking for advice on whether or not I should put this money from my summer job into my Roth IRA or use it to pay down my car loan. The car loan is about a 6.5% rate for 72 months with a ... See More monthly payment of 315 dollars. I have zero contributions into my IRA this year as I am student and only put money in at various times when I have it. Thanks for any advice.
Should I become an authorized user of a maxed-out credit card? - I'm young, and I have no credit. I'm going abroad for 2 months, and I want a credit card with no foreign transaction fees. I can't apply to any because my credit is non-existent, but luckily my mom ... See More has one with 0 Foreign Transaction fees that I can become an authorized user of. The only problem is that it's maxed out. My family is fairly well-off, and my mom says that she's starting to pay it off now but that it may reflect negatively on my credit score if I become associated with it. But I need this card otherwise I'll have to pay fees, plus using a debit card abroad is not preferable. What should I do here?Edit: I have decided **not** to become an Authorized user. Thank you all for the help!
New college grad with 60k in student loan debt. How to approach paying it off? - I just graduated from college last month with 60k in student loan debt. About 40k are private loans with 20k being intrest free federal loans. I got a job with an 85k salary that ... See More I'll start in August, so figuring how to pay off the loan isn't that big of an issue. My concern is how I should pay it off i.e. should I aggressively pay it off after each paycheck or set a certain amount say 2k each month. Obviously I should pay off the private loan first. I estimate that my salary after taxes is about 64k. Following the 30% rule on rent, this gives me a budget of $1600/month, unfortunately the rent is pretty high where I will be working with nicer apartments being in the $1800+ range for a single person (I tried looking for a roommate but no luck). There are more affordable apartments in the $1000-1400 range however it's more of a gamble dealing with bad management and poor maintenance. I also currently live 1.5-2hrs from the work site with my parents, so I have thought about commuting as an option as I will be working hybrid with me only coming in two days a week. With that said here are the options I'm considering.1. Bite down and gamble with cheaper housing 1k-1.4k/month, 2k+ monthy student loan payments, pay off private loans in about 2 years.2. Stretch budget and choose nicer housing 1.5k-1.9/month, 1k-1.5k monthly student loan payments, pay off private loans in about 3 years.3. Stay home with parents for one year and commute. 4 hour one way commute 2 days a week. 13k-20k estimated savings from not renting. Pay off all private loans within a year.Any thoughts or insight on this? What would you do?
Those people that go around neighborhoods signing you up for a new gas company - is this a scam? - Basically title. I assume they are making money off of me somehow. So how are they making money off of me and should I avoid talking to them? In general, ... See More how does the gas company v. supply company deal work? How do you choose who to go with?