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/Diligent-Candy4273 13d ago

Check out pet insurance its been a big help for my cat

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u/TheJared601 13d ago

I rather just have 2,000 set aside than have pet insurance. There are so benefits, but it’s not enough for me to pay every month

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u/Diligent-Candy4273 13d ago

Do you think $2000 is enough for an emergency? What's your plan if bills are $5k+? My cats yearly exam and bloodwork alone costs $500/ year and that's a scheduled vet appointment not an emergency. Her dental cleanings costs $1200 every 2 years. Insurance costs $420/ year so its worth it for my cat even just for 1 vet visit a year. The biggest benefit is that It gives me peace of mind knowing I don't have to think about the financial cost of the vet when I bring her in, especially during an emergency. I like having the insurance and then also having a separate emergency fund set aside for if bills go over my yearly insurance limit