Where should i use my money
Hello I am a young entrepreneur. I do residential construction and I am currently living in a single family house that I am flipping. I plan to live here for 3-5 more years because I enjoy the house.
I have money (roughly 20k) that is burning a hole in my pocket. I want to fix up my house, but I also want to become wealthy. My 2 biggest debts are my college loans and my truck.
I am looking for advice on what to do with this money. I could either pay off some debt to lower my debt-income ratio and this will help me buy more houses, or I could use this money to continue fixing my home.
I am open minded to any suggestions and would greatly appreciate some advice from a veteran investor or financial professional.
Thank you!