Yes you can.

https://www.investopedia.com/news/etf-open-secret-theyre-tax-loophole/

Been doing it for over 10 years. Probably gotten $10K in bonuses/points over the years. Credit score is over 800. I generally only do bonuses that offer $500+ in points these days.

A hard pull on your credit will drop your score a bit maybe 10 points, is my understanding. That and closing cards may drop your score a little. But as long as you don't go too insane its easy to maintain a good score. Just don't use the bonuses as a tool to get yourself into debt.

Yes I know. I use both in my household.

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Congratulations. Try to think of it this way: each time you contribute, you own a higher percentage of most of the companies in those funds.

One thing to note here is that OP lives at home but only has 13k in savings with this income. One question would be how long has OP had this job. If OP has had the job for longer than a few months, with no other obligations, and no living expenses, then spending may be out of control. I would doubt this rent is doable regardless.

Find a cheaper place and just rent. It'll be cheaper and give you time to focus on yourself and career.

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No. But etf - MF works

I wouldn't. Go with a total market fund.

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The wealthiest man I know is someone that lived at home until his 40s, then bought a NEW house with CASH in Austin, the most expensive city in Texas. There is no shame in staying home nowadays.

Aside from that, I also agree that this may be a bad time to make a big move. Wait until you aren't in the throws of your break up to make a big decision.

You can probably make it work. But you really shouldn't.

Assuming you contribute zero to retirement and you never make commission, you will net $3.4K a month.

Slap on $100 for utilities and internet and some streaming service, yada yada you're looking at $3K a month in living expenses.

You will eat and live like dog shit on $400 a month.

Don't do it to yourself.

No. I make 180k and pay 2.8k for rent + with all my other expenses, I still feel like it's high. At 55k you shouldn't be paying more than 1.5k a month. Get roommate or suck it up living at home, save your money

I did workers comp claims at a major insurance carrier for 6 years, the first week of training and going over claims with attorneys our instructor told us if we are ever on the other side to always hire an attorney. The insurance companies goal is for you to settle for the lowest amounts possible. At minimum have a consultation when you get your settlement offer and don’t sign anything.

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You probably can afford it. It’s a stretch though, you will be apartment poor without much buffer for fun or other expenses.

The bigger question would be does the property management company think you can afford it? Their qualifying guidelines may require you to make 2.7 to 3 times the rent in gross income annually (proof of ability to pay) along with a decent credit score (proof of willingness to pay) to qualify.

its tight, I spent about half my income on a place per month once and i regretted it often, and that was a steady pay job.

If your boyfriend just broke up with you, you’re probably in a bad spot emotionally. Never make major decisions when you’re really sad or even really happy. Extreme emotions will make you do stupid stuff. Take a few months to recover emotionally at home then decide if you want to more out to a reasonable priced apartment.

New york

Thank you!! I loved your advice :)

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index funds, bonds or cd's....might go for a target date fund or something