Hi everyone,
I'm a 26 y/o living in the United States. Over the past 4 years, my income has substantially increased, allowing me to pay off my student loan debt and move to a HCOL area for better job prospects. However, when I read other posts on this sub and advice blogs, I still feel like I'm behind. Here's a breakdown:
Post-Tax/Post Deductions Income: 4,400
Expenses:
Rent: 1100
Utilities: 50
Spin Classes: 120
Internet/Cable: 100
Phone: 80
Groceries: 200
Train pass: 75
Social (lunches, bars): 250
Storage unit (keeps skiis, clutter): 125
Hulu: 12
Accounts:
Savings: 15,200
Brokerage: 30,900
401k: 29,800
Checking: 5,100
I have scheduled transfers of 1000 per month into my savings account, and whenever the value exceeds 15,000, I push the next 1,000 into my brokerage (mostly ETFS and mutual funds).
Feel free to rip this to shreds: I'm genuinely curious about how this sub feels regarding the overall financial plan in place and what I could be doing better. Thank you!
Submitted December 15, 2018 at 09:15AM by PM_ME_UR_BUDGET_ADV https://ift.tt/2RX3HGu
