How should I spend my money?
I will be getting a $2,000 cash bonus from my work. I am trying to buy a house but also have a car loan. Should I use the money to pay down the car loan hopefully raising my credit score OR should I save it to use as a down payment for buying a house?
- 1 month ago
Save it. Paying down the loan wont' do much for your score.
- PearlLv 71 month ago
thats up to you what you want to use it for
- SnoopyLv 51 month ago
Just invest to get interest.
- The Football GodLv 71 month ago
There is a lot more info needed for that. Me? I would put 1/2 the take home on high interest notes such as credit cards or consumer bills. The rest goes into savings.