Hi all,
I'm absolutely new to the mustachian lifestyle, and have never had any financial wisdom passed down to me. I stumbled upon this site by discovering that reddit had a personal finance subreddit. That led to r/financialindependence. And now I'm here. Started growing this stache in March. So here's a little about me.
I'm 23 years old and live in Southern California. Graduated college and got a job in management working in aviation. No one quite agrees with the FIRE philosophy, so I'm reaching out to the community.
So here's the math.
Gross: 70,452.00
401K: 14,300.00 (maxing)
Roth IRA: None.
Taxable Accounts: 2,470.00
I currently owe 21,562.51 @ 4.99% on my car. Just paid off all student loans 3 days ago.
My plan is to pump around $2,000 a month into the car payment as it is my last remaining debt. I'm engaged with a wedding planned for 2018. Would it be best to max out an IRA, pump money into my Vanguard account, or aggressively pay off my car.
Car is also about 10k underwater. Horrible, horrible life choices.