Hello! I am looking for advice, suggestions, or options on my current situation. Here are the basics- I am 36, female, no kids, single. I live in Orlando, Fl. I make $35,000 annually after taxes at a 9-5 office job. Car is paid off but 20 years old. $10,000 in savings that I worked really hard for- in a HYSA. I don't have assets, no retirement, no 401k, no health insurance, nothing. My job offers none of these. I also have a decent credit score and no credit card debt. Growing up I went from home to home, family member to family member, my parents are not in my life due to drug addiction- so there will never be any financial help or inheritance- I am fully on my own here. I did go to college and graduate school- I had no idea what I was doing, and I now have $216,000 in student loan debt and a degree that is practically useless (in the arts). I absolutely hate my office job, not because of the work environment, but simply because I feel like I am wasting my life away in an office chair to barely get by and I have this dread that it will be this way until I die. Which brings me here. I am looking for any advice or suggestions on what I can do. I have thoughts of starting a business, I just don't know what. I still practice my art, but the pressures of using that to pay bills is not something I am interested in. As far as my monthly expenses, I have a little wiggle room. Also since the SAVE plan has ended my student loan payments are going from $0 to $217 a month- this really hits me hard. I did once try to buy a property outside of Orlando for $180,000 with my $10,000 down and was not able to find financing because of my student loan debt. Just not sure if there's options out there.
Need advice or direction on what to do financially, 36 yo, F, no kids, single- Trying to set myself up for the future while maintaining mental health
byu/grace092390 inpersonalfinance
Posted by grace092390
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