Currently at $200K base salary (31M) - after taxes, expenses (including vaca), and savings (maxed out 401K), I’m leftover with $30k-$40k. Is this average? If not, how are ppl saving more?

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I’m saving a minimum of 47.5k on 120k salary. You should certainly have some levers you can pull better

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I’d start amassing that for a down payment on a property (ie condo) you could rent out, providing side income for the long term.

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I’ve looked around, but everything in NY and NJ are way overpriced. Are you looking in CT? I’m having a hard time finding cash flow positive properties

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I have it very similar OP, with 230k, this city is just very expensive but I love it to live here (and central in west village). I think an easy way to save more would be to move somewhere less expensive, even within NYC

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I’m at 95k base and I save ~25k yearly post all expenses. I’ve done it by automatically moving pat of my pay check into investments as soon as i receive it and budgeting based on what’s left

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$130k base, conservatively ~$40k saved a year. More likely this is higher.

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What firm is paying you $200k base?

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That seems normal M1. I consider myself very frugal (has a roommate, shops trader joes) and can only save $30K on $150k.

I’m exactly on par with with this.

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Kk - so, without diving in too much: my take home (monthly) is $9.5K; subtract my HOA/taxes ($3.3K) and bills (auto, insurance, cc - $2.5k-$3k) - comes out to ~$3-$3.7K / month. No kids right now. Getting rid of my car can save me another $0.5K (but not sure if I want to take subway right now - crime rates)

You’ll probably get advice to review spending closely and pick targets to pull back but that always felt like a bad diet for me and I couldn’t stick with the feeling of constant deprivation/anxiety at every purchase.

I had the best outcomes with going big and automating. Pick a number that feels on the stretch side of realistic (for me it was out-saving my 401k max), automate it timed closely to your paydays, and scale back your spending based on what’s left.

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I buy TQQQ on dips

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