Re: 23yo...My financial outlook..how does this look? + some 401k help...
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----I just purchased a new car. I took out a loan on the car to build up better credit but I have the money set aside to pay the car off early in rolling CD's
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Just pay the thing off. Buying a car and staying in debt to "build credit" is insane, imo. Especially when you are earning 115-140K per year at age 23. Who needs credit!? lol.
You know what combats having a limited "credit" history? Being 23 and earning 100K+ per year and saving much of it.
What is your rate at on your car?
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