Officially debt free! Now what?

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Take all your friends for dinner so you can be properly congratulated on your financial prowess. From me to you, OP - well done. Life is so much better debt free!

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So we have had historically low interest rates for a decade. My recollection of economics 101 is reasonable debt levels are good . Modest consumption is being encouraged and savings is difficult. Why so conservative on debt? Before you jump on me for spending , I do have a high net worth so just suggesting modest debt ( 20% down and payment no more than 2x income) on a house is a good strategy

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Finance a luxury car and go back to being in debt. It's the American way.

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The story of every millennial.

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Save save save. Check out blogs on financial independence. Congrats!

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I have been eyeing a C63 AMG.

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Quit your job and move to Colorado somewhere to be a ski instructor in the winter/a white water rafting tour guide in the summer.

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Find an expensive and gratuitous vice to relieve yourself of those excess funds

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I'm never going to be able to afford a house here

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So far I have $1000 a month going into savings. Beyond that...

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What is high yield these days? I have $1000 a month going directly to discover at 0.95%

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Switch to Barclays Dream online savings account. 1.05%

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@pwc2, and some blow for the hookers

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Goldman Sachs has high yield savings that i use. I think its either 1% or 1.05%, rates are about to go up and ill transfer it to wherever is the highest.

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There is better rhan .95% ive seen some at 1.1 that are credit unions

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Hawaii. Grand Wailea for 10 nights in May

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Buy a house. Get back in debt.

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Do you already own a house?

Invest the extra money.. buy investment property.. travel...

Save money into a high yeild savings acct for a house down payment. I have $150 going into my high yield savings every pay period

RSM1, where do you have your high yield saving account? And how much return do you get?

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Hello everyone.

This is a thank you post.

This platform has helped me in a way to get more than a 100% hike.

I am working as a Data Scientist with 5.6 yrs of experience in DS/ML.

My current CTC was 12.6 LPA and after switch, I got 32.2 LPA (30 fixed).

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To All Fishes,
A Small advice from my experience...
Don't join in Startup Small IT Companies where Company don't have Financial Strong...
Suddenly you will get a Call from HR n give notice to u as bcoz of budget issues we are Terminating Some people and you are one of them...

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