40k loan
15k savings in 401(k)

Current Salary - 90k

How to get rid of loan quickest?
Currently in nyc

Monthly expenses - 2700
Loan payment - 1000
Hardly any savings

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Posting as :
works at
You are currently posting as works at

You're going to need to shave your costs or increase your cash inflow. Is $1700 the least you can go for rent? Do you have roommates and are you living in a more expensive area/building? Maybe consider cooking more and getting around on foot more or other similarly cheaper modes of transportation. Set some goals like how much do you want to save and how much can you actually commit to saving?

helpful

Or add a side hustle! Even selling old clothes can get you an extra $100 here or there if you have old suits, etc

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Can you break down what your expenses entail?

One option is moving to NJ. You can save that 4%+ NY city income tax, possibly the cost of living also may come down.

1700 -rent
200- transport
600- food
200- random stuff

I can’t move to jersey - too bad a commute to office. Also don’t like jersey that much, but I know that’s probably the best way save.

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