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Moving from a student budget to a single young professional budget. How much do you spend in a month with or without housing?

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I know it may not be possible in big cities but what has always worked for me and people I've counseled.... 30% on living expenses, 30% paying off all debt, 30 % on investments and 10% on what makes you happy. In the beginning it's hard but it really pays off and when debt is done you take that 30% and split if 3 ways, living expenses, investments and fun. In our beginning we rented, invested, paid off debt and had picnics by the river where we played cribbage and backgammon ❤️

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Keep your budget as low as you can for a couple more years, when I was right out of college (3 yrs ago) it was like $2000/mo with housing, now it’s like $4500/mo, but didn’t need to increase that fast i could’ve saved a lot more

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Recently out of school? Your 2 biggest drags are going to be #1 debt and the temptation to use credit cards when you find out there is still more month to go. #2 is to finally get your own place. No more fracking roommates! Not so fast! You will find that most budget tools will peg housing 25-30% of your gross income. A typical one bedroom apartment in most markets is going eat a lot more than 25% of your first year’s base.

You are used to living on nothing. Give yourself a small raise. Keep that up as best you can and you'll have the emergency fund and debt reduction to kick start the rest of your life. Appropriate wardrobe update may be needed.

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