I suggest looking at mortgage calculators to look at what the total payment will be. Property taxes in Pierce County are super high, so be sure to take that into consideration with your monthly payment.

I'll have to start looking for better/more work, most definitely. The job I'm currently in wasn't supposed to be anything more than a stopgap, after a fairly long period of unemployment and I suppose that's on me.

As far as equity; I'm not certain what the house is worth. I'm scrambling to get this info together now, but if it does come to selling the house, I'm glad to know paying the taxes through a home sale is an option.

For my mother's income; I'm really in the dark about what she brings in, I know it has high potential but it's extremely difficult to get any of that information out of her. Kind of in the same way that I was unaware of the situation regarding our property taxes.

Thank you for the reply, every bit of information is helpful.

That was my first thought too - giving up that much freedom and the extra costs may or may not be worth it for the income increase, but every salary raise sets the expectation for future salary raises. If OP has more than 5-10 working years left (which seems likely, since they’re living with their parents), this $18k/year raise will likely translate to hundreds of thousands in higher lifetime earnings.

Having done this back in the day, just be aware that it completely fucked the veins in my arms. They usually use a fairly big needle and it can cause scarring. Made mine almost impossible to get blood from. That was just from a couple months of doing it.

Just got a coupon, after not donating for a few months. $850. For 8 donations. 2 donations a week. So $850 for one month. After that it will be 60 and 80. So $140 a week. Been doing it for about 7 years on and off. I'm usually in and out in about 1.5 hours. Nice extra income if you can stand the gaint ass needle they use lol

How much would it cost to get the Jeep on the road? If you can sell the Altima you could put any proceeds towards the repairs plus the $311 extra a month towards the cc debt.

The catch is that they're either heavily damaged, massively in arrears on taxes, or that this is a marketing ploy, or some combination thereof.

I’m aware about tax efficient asset allocation, where bonds must go into tax advantaged accounts rather than a brokerage, etc etc.. that’s not what I’m asking.

A traditional IRA is pre tax dollars, right? So when we calculate the total ratio, all the assets must be considered post-tax right? So how’s it wrong?

Unless you are having problems with the current car. Pay it off and keep it until you do

That Jeep might net you some good return, even if it needs work.

Maybe look at some of the subscriptions in addition to selling at least some of your collection.

That would require a lot of buying and selling, for example - I’m 100% stocks in 401k.. which is why I’m wondering is it important?

You run 60/40 in taxable and 60/40 in IRA/401k. Problem solved

Flip 10 months is more enough time to know if you will like the job.

Hey man I’ve been there. Slow your roll for a few months. Try not to spend on unnecessary things. Sell collection and try to jump out of debt as fast as possible. If you have car than try ubering at night but on weekends for a few hours but don’t lock yourself into car payment.

Try to make payments on all cards on time. Put as much money as you can aside.

Once you pay everything off continue to save.

Work more, spend less. Try to work more days of the week.

Read the tax efficient asset allocation at the bottom of the following link

Start here: https://www.reddit.com/r/personalfinance/wiki/commontopics

> So my actual asset allocation is $54:$40 or 57:43.

And this is wrong. It’s not. A traditional account doesn’t get a discount.

I work in Tacoma, and look at buying a house there too. Almost anything short of HVAC you can learn from youtube, if you're the kind of person.

The tacoma economy isn't bad, and if you have a high demand job you'll probably be ok. If you're open to renting a room or two out you may do really well for yourself. If you don't plan on leaving tacoma any time soon then do it.

Another thing to consider is the tax benefit you get by contributing to your 401k. Depending on your tax rate it could easily mean thousands of dollars if you're maxing it. You'd have to calculate it with your #s but it could be higher than what you could save by using that same $ to pay off your mortgage

Bill dropped out of Harvard to prevent Harvard from seizing his patents. He then was supported by his upper middle class millionaire parents until Microsoft took off. This was also in the 70s so unless you have a breakthrough AI patent you will likely end up working a dead end job making 84% less than your peers.

Now if you want to find a trade I STRONGLY suggest asking around to find someone to job shadow to make sure you don’t end up quitting halfway through trade school. A degree will open up several opportunities, but leaving a degree without a legitimate plan to advance your education and technical training is setting yourself up for a life of misery

Yeah, it’s definitely way high if you have a cheaper used car. By those mileage rates, even after gas and maintenance I would have depreciated my used car 4 times over by now.

I would definitely be able to drive it less than 30,000 over those 3 years.

OP just as a hypothetical: you could buy a 30Y Treasury yielding 3.746% today and you'd make almost as much interest than what you'd be charged on your mortgage (3.9%).

In other words, you have a pretty good rate considering current rates. From a strictly numbers standpoint there is no need to pay it off quickly

Thank you, that's definitely my next set of calls.

leases, you pay the depreciation cost of the car + profit to the owner.

financing, you pay the entire cost of the car and eat the depreciation cost but own the car while paying interest to a financing company.

they should be pretty neutral options for the same car.

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I sold cars a few years back and I don’t know that I ever saw anyone turn in lease who didn’t go over their miles. That mileage penalty can cause quite the sticker shock if you’re not paying attention. So you really need to consider how much you drive.