I've been out of college for 1 year and just trying to learn how to budget. I'm in a medium COL city (Chicago) and was trying to figure out how much to target budgeting per month since I just started a new job.
Last year, I saved around $50K, which honestly was more than I expected since I wasn't really trying to save. This year, I want to be a little more aggressive with saving by utilizing a budget while still not depriving myself in experiences that are important to me.
Rent - $1300
Transportation - $200
Food - $200
Insurance - $ 50
Subscription Services - $50
Misc. (travel, booze, fun, events) - $300
Would it be possible to live by only spending $2000 per month?
Any major expenses that I'm forgetting?
Submitted January 29, 2018 at 11:19AM by Aritsugu http://ift.tt/2DV8Gnd