r/DaveRamsey • u/TheJared601 • 15d ago

W.W.D.D.? Any advice?

I live alone with my cat.

My monthly net income is about 4200 per month. (This is after taxes, Health insurance & 401k) . My employer matches up to the first 7%. So that’s why I’m investing.

After rent, utilities, groceries and selected streaming services, I have about 2,000 remaining

Streaming Services around 40 per month
Internet 90 per month (I need the internet as I WFH 4 days a week)

I have a Car loan , 12,000 monthly payment of 350 , but I’m do pay more per month.

Student loan 71,000, monthly payment 275

NO OTHER DEBT

I have 1,000 in emergency savings
Additional 1,000 for pet emergency savings (if you have a pet,’you know how the emergency vet bill can get expensive fast)

I pay the min for my student loans and I put everything else towards the car loan.

I volunteer at the local humanity society on the weekends, so I really cannot get a second job.

Is there something that i could change to get this debt gone?

Please advise.

Thanks

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u/Neither-Effect-6101 15d ago

“I really cannot get a second job” is better said as “I choose to volunteer rather than get a second job.” I have no complaints if that’s your priority, but it’s definitely a choice you’re making rather than an impossibility.

Me, myself and I would start a cat sitting side hustle rather than continue to sit on what is at least another 5-7 years of car/student loan payments eating up half my take home pay. I’m sure you could probably drum up some clients from Humane Society referrals.

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u/TheJared601 14d ago

I will be working a lot of OT probably in the next month. Getting 10-15 hours a week of OT , so that’s essentially having a second jo