I’m 22 and will be graduating this spring. Fortunately, I have a software engineering job lined up in the Bay Area.
I’m graduating debt free and will have about $10k in savings. My annual income will be around $150k pre-tax (base salary without stock options and bonus). My annual expense on food, groceries, hobbies etc is $30k. But since the bay is HCOL and I will need a car there (currently no car payments) I expect the annual expenses to go up to maybe $45k.
How much I should save and how much can I spend for rent?
Any advice or opinion is appreciated!
Submitted March 11, 2023 at 03:29AM by soceopath https://ift.tt/JQzTF4G
