I am F27 in Southern California. paid myself through community college by studying full time and working full time. No help from parents except living rent free.
I then transferred to a Cal State, took loans out for a year, then qualified for grants one more year. Total in student loans I owe: $7,700. Continued to work two jobs for a short period of time.
Last year at college. COVID hit. Got laid off from my $15.00 hr job. Completely jobless for 3 months, lived off of savings then unemployment. Money I got from unemployment: up to $9,000 I believe.
Got employed. Started studying full time and working full time. $18.00 hr + incentive (approx an additional $600 a month).
Graduated college. Now make $20.00 hr + more incentive (about additional $800+ a month).
I’ve moved out. Pay $409 a month for a 2021 Toyota, $600.00 for a room to rent, $200.00 for a workout studio, and about $70.00 for phone bill.
I have $41,000 in savings. My goal is to at least put $1,200 a month in savings.
I can’t help but stay up at night thinking I could have done more for myself financial wise by saving more money while I was at home. I bought myself a brand new car, thinking I deserved it after putting myself through college, only to realize how stupid it was of me because that’s an additional $409.00 a month that I could be putting away in savings.
Anyways, Am I on the right track here? What could I do more to save money?
Submitted June 28, 2022 at 01:00AM by fiercestofdeities https://ift.tt/nPsKbjv
