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I come from a generations of poverty , Just want to make sure I am doing the right thing (advice request)
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Hi, I am incredibly late on this game but for anyone who is interested.
I am 27 and my credit score is around 600(destroyed it when I was young and dumb,I currently make a salary of 40k.
I Just received a 5k bonus and I have taken that money and decided to pay off all my debt. (around 3k) Is this the right choice?
also I have been given advice to max out my 401k from here on out. Any pitfalls? or right choice?
If you have read all of this, Thank you so much for your time.
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