Help with Finances
Hi all, I have been OE’ing for about 4 months now. J2 is the epitome of a perfect OE job. Fully remote, no management watching over me, 1 meeting per week. I can go all day without doing anything and no one will notice. However the company is failing financially so Idk how long it will last.
J1 is full remote and I have meetings from 9am to 2pm and I’m done for the day. Will keep this job as I have been giving a large amount of RSUs and they will have a strong IPO soon.
TC: 230k. + bonuses.
However prior to OE. I was in financial ruin, family needed support and I was barely scraping by every paycheck even having as low as 0.02 in my account going to work. I gave my parents all of my savings (30k). Now I have about 35k in debt with 0 savings.
Should I save as much as I can and pay minimums in my debt? Or clear my debt as fast as possible and then start a savings? I would tackle both at the same time but I still have fixed expenses costing me about 3-4k a month. (Rent is 2.7k and groceries / utilities). Im a very frugal person and don’t care about lifestyle upgrades. I’m always in fear of my OE income falling apart and I naturally just want to acorn as much money as possible.