I am about to be 24 years old. Last year engineering student. My paycheck is $811 PER WEEK after-tax, with my current job.
My WEEKLY budget is:
$150 for my part of rent, electricity, and internet.
$150 for groceries plus eating out one dinner per week every Friday
$50 Misc (Gas, phone bill, Spotify, etc,)
I am currently putting around $461 into my saving account per week.
I am doing extra rideshare gigs whenever I can and putting 100% of that income into my savings (Even though working full-time and going to school full-time, it is only possible during breaks and holidays)
I also sell books online and putting 100% of the profit into my savings as well (around $50/week)
I want to MAX my Roth IRA for this year, then start saving for a down payment on a house where I will be house hacking (get 5 bedroom SFH, live in one room, rent out other 4 rooms)
I am very motivated and pumped. I don't know if I am doing everything I possibly could or if there is room to improve.
February 01, 2021 at 03:12AM
