23 years old. 85K salary. 7% goes to 401k with a 100% match up to 5%. $350 a month goes to Roth IRA. $800 in savings a month. Max out HSA after employer contribution of $1K. No loans or any debt.
I can definitely afford it but I been so financially disciplined after graduating. All my friends in the area are pushing me to move to the downtown area. I’m only 2 miles away but I know it’s still a stark difference. It’ll also be <1 mile to work.
At the end of my budget sheet there’s also a 9-10% surplus of my take home pay but that would be gone because my renting expenses will go up 9%. Currently 27% of my net pay goes to rent and utilities.
I already listed out the pros and cons. The con is just less money leaving my wallet.
Anyone else ever been in the same situation or had similar experiences? Is it worth the $?
Submitted September 13, 2023 at 10:29PM by Wellness22-Bot https://ift.tt/1VuCP9g
