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Rising Star
I spend $2000 for all living expenses (I own a co-op so my housing costs are just the co-op fee of $750). Monthly net income is $32,000. I invest around $20,000 of that a month then spend the rest of the $10,000 on travel and other non living expense items. For example I have been working all over Southeast Asia and Southern Europe for the last 10 months with brief trips home. I have been renting my apartment during this time for a year lease so that offsets a lot of my costs too.
Rising Star
I yeah I spent 8 years at D as a tech consultant, got hired at AMZN as an l6 sr product manager working on the same erp software I did at D and branched off to other programs. Then after 5 years got promoted to L7. I have a friend that works in real estate development and he works on Reno’s and rentals on the side so we’ve been working on projects together for 10 years. None of what I do is particularly hard. Anyone could do it.
A more realistic view:
I earn $125K base, spend $3500 per month ($1800 rent), $8K throughout the year on special purchases / travel.
Bonus varies by performance but I save all of it. Max out my 401K and working on maxing out the mega backdoor 401K. I don’t eat out on weekdays or go clubbing very often, but I can comfortably go to restaurants and Broadway shows when I want (my priorities).
$500 also inclusive of household bills (Internet / electric have been cheap for me). Work fully pays phone and insurance.
Income: 175k (base, bonus, etc)
Monthly: 6400 (after max 401k, IRA, taxes, etc)
Before Dating:
Home and Expenses: 1950 (1b1b)
Emergency Savings: 1200 (blew it on renovating my apartment)
Gas: 100
Food: 300-600
Parents: 200
Rest: brokerages, crypto, starting my own business, car insurance, etc.
After Dating:
My food/experience expenses have gone way up. I’m basically living paycheck to paycheck. Trying to tone it down.
Ideally I’d like to live on half my income and save/invest the rest. Lifestyle creep is real y’all
Have you used YNAB/Mint where you can link across your accounts to analyze your spend by category?
Monthly CC last month: $5500
Major Expense - $1.2k car insurance, $700 in CC renewals
The other $3.5k went to food/miscellaneous purchases which was insane
5.5k does not include rent
Ideally, I’d like to keep spending <3k