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Updated over 7 years ago,
$100k+ in student loans
Hi everybody,
I'm new to these forums and investing, but have read multiple of Brandon Turner's books, along with multiple other books on investing/building wealth.
I just graduated a little less than a year ago and live in Minneapolis, MN. I want to start investing, but a huge hurdle I'm not sure how to overcome is how to manage my $100k+ in student loans..
Currently I'm on a 10 year plan, paying $1100 a month. Currently renting a place for also $1100 a month (this was before I chose to start being smart with money), but will be out in <6 months.
I make about $3200 a month, but obviously have other expenses (food, gas, car maintenance, etc). I've got about $10,000 saved up currently for a down payment/emergencies
Ideally I would house hack, but I'm not sure I'll be able to afford such a place.
I'm really open to any suggestions or ideas as to how manage my student loans in order to begin my investing career.
If any more information is needed, I'll be happy to provide you with more information. Any suggestions, or even referrals to a financial advisor, would be greatly appreciated!
Thanks in advance