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re: Break it down - your finances
Posted on 4/28/15 at 12:16 pm to yellowhammer2098
Posted on 4/28/15 at 12:16 pm to yellowhammer2098
quote:
Anyone in their early twenties making 50-60k is doing just fine unless you live in a city that is obnoxiously expensive.
I make a good bit less than that and I'm pretty comfortable.
Of course. A single guy/girl making 30k can live comfortably in a lot of cities in the US and still have a bit in savings each year.
The extra disposable income just allows for greater flexibility in the budget.
1
Posted on 4/28/15 at 12:48 pm to lynxcat
I'm not posting any of my details in here because I know too many of you clowns, but here are the basics.
26, engaged, live with fiancee
Rent - $3200 (We live in NYC in a nice building, so as crazy as it sounds, this isn't a bad deal.)
Car- none. Pay 120 pre-tax for unlimited subway. Occasionally rent a car as needed.
Food, cable, electric - $500
Miscellaneous/Travel - $1000-$1500(trying to reduce this)
My comp is bonus heavy so my savings can vary a good bit month to month, but at a minimum I put $1000 into savings monthly and max my 401k(+40% company match up to the max) and Roth each year. If I can keep that up, I'm in a good spot.
26, engaged, live with fiancee
Rent - $3200 (We live in NYC in a nice building, so as crazy as it sounds, this isn't a bad deal.)
Car- none. Pay 120 pre-tax for unlimited subway. Occasionally rent a car as needed.
Food, cable, electric - $500
Miscellaneous/Travel - $1000-$1500(trying to reduce this)
My comp is bonus heavy so my savings can vary a good bit month to month, but at a minimum I put $1000 into savings monthly and max my 401k(+40% company match up to the max) and Roth each year. If I can keep that up, I'm in a good spot.
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