Hey everybody,
Stumbled into the MMM blog about a year ago and was immediately turned on by all the anti-consumerist financial freedom badassity going on around here.
Hoping the community can help me understand how best to invest what I have given my somewhat unusual circumstances.
First, let me break down my current situation:
Annual Earnings 16k (I own a seasonal cafe that keeps me busy 4-5 months per year)
Annual Spending 10k (spent the last two off seasons backpacking around the world)
uninvestable cash 80k (marijuana industry earnings)
cash for investing 25k
So far the 25k is just sitting in a basic savings account.
What are my best options for getting my money to start working for me? Was thinking of just following advice here and just putting it all in vanguard VFINX for the time being at least
Other Considerations:
Will likely increase earnings significantly in 2018 by working during the 7 month off-season for the cafe
Fiance has ~12k in student loans at 4.?? interest rate, however our finances are still kept separate and she is stubborn about only paying the minimums on these indefinitely. Should I insist on paying that first?
Thanks!
