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TopicWould you rather have this pay with low debt or higher pay with high debt?
known2FAIL
12/10/21 1:32:06 AM
#1:


Read topic for exact numbers. Which would you prefer?


OK. Ill give you 2 options. Ill give you the pay, the cost of average rent for a 2 bedroom apartment in the area and all you have to pay in debt. Yes, this scenario isnt true for much of America and you can scale the pay and rent up if you want it based on where you live. This is assuming 40 hour work weeks. Rent will be static. Also, you are 28 years old in these scenarios.

Rent: $900

Option 1:
-$20 an hour
-Rent
-Car is paid off which was your only source of debt
-You only have bills

Option 2:
-$50 per hour
-Rent
-$500 a month car payment for 5 years
-$100,000 in student loan debt
-All the other usual bills Option 1 has

Which option would you prefer?

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