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Updated over 5 years ago, 09/08/2019

User Stats

40
Posts
8
Votes
Nicholas Groover
  • Rental Property Investor
  • Birmingham, AL
8
Votes |
40
Posts

Getting started financially

Nicholas Groover
  • Rental Property Investor
  • Birmingham, AL
Posted

Hello everyone, I have a question for some professionals and financially savvy people. I want to get started in real estate and I know first I need to get my finances in order, and I have always been great financially. It seems with having a girlfriend that lives with me and a baby on the way that I cant seem to save any money. I dont make a ton of money but probably 45k a year in AL, I do have a 401k where I have 4k in. Would you cash that out in the future maybe when it grows to 10k or so, or just keep trying to save. Currently trying to find a better paying job. I also sell insurance on the side. I am a few thousand in debt (credit cards). Any advice would be great. Thanks!

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