Desperate financial/debt advice needed...

[Craigy]

Vagabond MD wrote:

Hardly desperate. Desperate is when you cannot pay your bills, lose your home, cannot afford to feed your family, etc. You just need to make a few tweaks–lots of good advice has been given already. You are on Easy Street.

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$250,000 sitting in cash while $465,000 of student loans accrue at 7.125% sounds pretty desperate for advice.  OP is self-admittedly "drowning in numbers" and flopping around because he doesn't know what to do.  Most people in their late 20s, early 30s have barely written a check for $10,000, much less $200,000, and don't know what they're doing.  No shame in that, just needs some hand holding.

There are levels of desperation.  Even the guy whose home is in foreclosure and can't afford to feed his family is comparatively on easy street.  Other places in the world you have people getting their heads chopped off.  He can get some food stamps, go find a job, qualify for HUD housing, etc.  That's practically sesame street.

[adventure]

Craigy wrote:

Vagabond MD wrote:

Hardly desperate. Desperate is when you cannot pay your bills, lose your home, cannot afford to feed your family, etc. You just need to make a few tweaks–lots of good advice has been given already. You are on Easy Street.

Click to expand…

$250,000 sitting in cash while $465,000 of student loans accrue at 7.125% sounds pretty desperate for advice.  OP is self-admittedly “drowning in numbers” and flopping around because he doesn’t know what to do.  Most people in their late 20s, early 30s have barely written a check for $10,000, much less $200,000, and don’t know what they’re doing.  No shame in that, just needs some hand holding.

There are levels of desperation.  Even the guy whose home is in foreclosure and can’t afford to feed his family is comparatively on easy street.  Other places in the world you have people getting their heads chopped off.  He can get some food stamps, go find a job, qualify for HUD housing, etc.  That’s practically sesame street.

Click to expand...

This stuff can seem overwhelming at first. And Hey, he is here, and he is asking. Props for that.