No on the 401k loan.

Get on a tight written budget.

Stop using CCs.

Use debt snowball methos to prioritize paying them off.

I have funds set aside for a reason. So, I want to keep them separate from money that is flowing into or out of Vanguard for other purposes. No need to mix the two.

This is a personal preference.

As you move money in and out of Vanguard, that is typically done in your settlement account which is VMFXX.

By keeping you money in VRMXX, it keeps these funds out of the way. The yields are almost the same, so you are not giving up anything.

Go with VMRXX only because it is not your settlement fund.

What if you just stopped paying the CCs and pile up cash? Your credit would be wrecked either way but now you can negotiate with the CC companies.

You call them up one by one as you have some cash and offer them, say 50% or 25%, and if they refuse, tell them you are moving on to the next CC. You'll get back to them when you have some cash again. Rinse and repeat.

It won't be easy, and will take time. But it could work.

BTW, you have too much house unless your wife and you double your income.

I have been there. Don't make the mistake of expecting a bonus in order to afford the mortgage. Use your bonus to help with the down payment. But make sure you can afford to live there if you receive no bonus.

Let me ask you this. Would you borrow 15k to invest in the market if a car was not involved?

I would tighten the budget, drop 10k on it and pay it off as quickly as possible. Then rebuild the EF.

Imagine if everyone did this? The US govt would see any revenue until Dec every year.

I agree.

You can buy at auction thru Fidelity too. I buy my T Bills thru Vanguard at auction. It will be very close to where the market is.

Coming from the POV of having no mortgage, I'd say work on paying them off. Start with your primary residence. Then move on to the rental.

You are investing via your retirement accounts. As long as that is at 15% or more, you are fine.

Having no mortgage payment is a wonderful feeling. One that goes beyond dollars and cents.

Once those mortgages are paid off, then you crank up your investing and live like no one else.

You didn't say what you are buying. Or where you are buying it. So I'll make a generalization.

Whenever I see "same as cash" deals, I ask what is the cash price? How much is the store willing to discount the item if I pay using cash? I usually get 10% off. One time, for some furniture, I got 33% off.

Nothing in this world is free. You just sometimes need to dig a little deeper to find out.

But you need to have some payroll. No business runs without human input. So you need to take a reasonable salary.

You lost. You didn't pay the debt when you had the chance, and now owe it plus fees and interest. Best to speak to the collector and arrange a payment schedule. And stick to it.

They can also garnish your wages.

It will show up on your credit report. That can be both good and bad. Many LOCs have application fees and time limits on when you can use them. Lastly, in 2008, many banks closed them when things went south. So not a good product to depend on.

So, yes. throw every spare dollar at that car loan and get it out of your life.

Good plan. I would not recommend a line of credit for emergencies. Just compounds the problems.

Yes. Stop savings and attack the car debt. Pay other debts too if you have them.

Once the debts are gone, Crank up retirement savings to 15% of gross income plus any matching at work.

1. Don't know
2. Settlement date
3. If buying at auction, you need to place the order prior to auction and after the announcement. The settlement will be a few days after the auction. This has some good info. Look at upcoming auctions. https://www.treasurydirect.gov/auctions/upcoming/
4. Focus on the 13. AKA 3 month T Bill. Buy this one next week. The announcement will be on Thursday. Then in 4 weeks, repeat the process. Then in 4 weeks repeat. Now you have a 3 month T Bill Ladder.
5. ​
   1. While you can sell them at any time in the secondar market, you are then subject to interest rate risk, so you will not make as much as you originally planned.
   2. Interest is State Income tax free. If you sell early though, the cap gains will not be.

You state you are rarely home. Do you unplug your devices? Many draw power even when turned off. TV's smart home devices, Wi-Fi, coffee makers, etc.

No. You should have an allocation strategy and stick to it. You then rebalance occasionally when things get a little out of whack.

You do not try to time the market by changing things up. You will fail. You will not know when a market bottom or top is reached.

Cap one here. I opened their 360 checking and savings years ago. No issues. No fees. High rates. And I get to use their branches.

Good Luck!

A s the saying goes "when the student is ready, the teacher appears". Sounds like they are not there yet. And may never be. It hurts to watch, but sometimes that is all we can do.

It's called powdered butt syndrome. If someone has changed your diaper, then don't want your advice on sex or money.

Unless they ask for your help, there isn't much you can do.

For Christmas, give them a book. Total Money Makeover by Dave Ramsey. IF they read it great. If not, you know they don't want your help.

The only thing to add is to go online and find your truck for sale. Better yet, show three nearly identical trucks so they can average it out.