Hello all,
I have lived abroad for a number of years and haven't had the chance to return to the United States as an adult (I lived there when I was a child/teenager).
I am moving from Europe to start a job in the United States and worked on some budgeting sheets that I have seen in this sub and around Reddit.
I wanted to get an idea of how accurate my numbers are (or will be, roughly) for the move and if you have any points on where the budget may be overinflated or potentially way too little. I am trying to get as accurate a picture as possible prior to moving/house hunting etc.
The income numbers are post-tax estimates from an online paycheck calculator for Chicago.
| Monthly | Yearly | |
|---|---|---|
| Income | $15,033 | $180,396 |
| Utilities | ||
| Phone (2) | $120 | $1,440 |
| Utility Package | $85 | $1020 |
| Internet | $45 | $540 |
| Bills | ||
| Rent | $2,500 | $30,000 |
| Variable Expenses | ||
| Groceries | $350 | $4,200 |
| Physical Activity | $150 | $1,800 |
| Transportation | $250 | $3,000 |
| Material Items (Clothes, etc) | $400 | $4,800 |
| Entertainment | $150 | $1,800 |
| Dining Out | $450 | $5,400 |
| Gifts | $100 | $1,200 |
| Personal Medical (Insurance through work) | $100 | $1,200 |
| Travel Fund | $250 | $3,000 |
| Miscellaneous | $150 | $1,800 |
| Dog | $300 | $3,600 |
| Renters Insurance | $20 | $240 |
| Expenditure Total | $5,420 | $65,040 |
| Savings | $9,613 | $115,356 |
The current state of our savings/investment accounts are as follows:
Investment Account A: $37,000 growing at 83% CAGR (OLPS Algo Trading NASDAQ individual stocks)
Investment Account B: $54,000 growing at 43% CAGR (Algo Trading leveraged ETFs and bonds using market volatility indicators)
Investment Account C: $52,000 growing at 18% CAGR (Mutual Funds/Individual Stocks/ETFS)
Roth IRA: $12,500 (too early to put a CAGR but it is being traded like account A, OLPS strategy).
Total Investments: $155,000
I have nothing in crypto at the moment but I will probably put about 5% of my investments in soon as I have been testing a mean reversion strategy that looks very promising.
Emergency Fund: We have about $7,800 in cash and are have health insurance and good credit scores (should the need arise to go into short term debt we would liquidate some of our investment assets).
Submitted June 24, 2021 at 12:53PM by Streetlightct https://ift.tt/3j9P3Mt
