>23
>$25k student debt
>Just got $80k life insurance
What do? Pay off debt first? Then what?
I have a shittier job right now, but monthly total expenses are
23
Definitely pay off your debt
Don't do anything foolish with the rest of your money (this includes crypto)
pay off debt invest 20k in vanguard throw 10k in stocks 5k crypto the rest save in bank for rainy day fund
Pay off debt. Also look into real estate for passive income. I would look at auctions for foreclosed homes.
>Pay off debt first?
Absolutely fuckin' YES.
Then start saving until you land a decent job.
'Debt' means you're fucked up.
Thx for the responses. I am an absolute brainlet when it comes to money, as I've never really had such a large sum saved up, so I've never really had to make plans with it.
I assumed paying off debt was the first and foremost thing to do. I don't intend on putting money into crypto, but have been trying to figure out what to do with the remainder.
Real estate seems out of my league as I don't plan on settling down in on area of the country yet.
Vanguard, or something similar, is what I've been leaning toward.
So go online right now and pay it all off, ye?
is there anything I need to know before doing this?
If you don’t immediately pay off your debt you are a fucking idiot
So I just pay it all online right now? This seems too easy and I feel like I'm getting fucked because I'm missing something. I want to pay off my debt asap, but I just want to be absolutely sure I'm not screwing up somehow