Life Situation: Single, 33 yrs old, 0 dependents, live in Denver, Co
Gross Salary/Wages: 42k gross per yer
Pre-tax deductions: zero - currently not contributing to any 401k
Other Ordinary Income: 0
Qualified Dividends & Long Term Capital Gains: 0
Rental Income, Actual Expenses, and Depreciation: 0
Adjusted Gross Income: 42k
Taxes: not sure what you are asking? I pay state and federal taxes like everyone else, I have no dependent sand claim 1 on my taxes.
Current expenses: Car payment $ 300 month, 48 months 8 % interest, owe 16.5k / Motorcycle Payment $ 250 (200 is paid by my ex wife, long story but it's her bike in my name, owe 14k, originally 17.5k, 60 month term) / Personal Loan Payment $ 300 month, 11 % interest, 56 month term originally 15k owe 10k remaining /cc debt (paying minimum only) $ 220 cc debt highest card 4500 with 8 % interest, 2900 card with 10 % interest, other amounts are small and under 1k / Cell phone $ 100, Cable & internet $ 80 ,
Expected ER expenses: 0
Assets: 0
Specific Question(s): I am looking at trying to make the most of the money - specifically I would like be debt free in 1 yrs time.
What can I do with my money as far as investing - what should I look into ?
My credit score is currently 650 - was a 710 about 1 yr ago but I have been an idiot lately and racked up some credit card debt and took out a cpo used car loan.
What recommendations do you have?
Thank you.