Roy Gilbert

A Week In Brooklyn, NY, On $80,000 Salary

Welcome to Money Diaries , where we’re tackling what might be the last taboo facing modern working women: money. We’re asking millennials how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar. This week a Operations Lead working in Startup Accelerator who makes $80,000 per year and spends it on "Long-stem lighter". Occupation: Operations Lead Industry: Startup Accelerator Age: 25 Location: Brooklyn, NY Salary: $80,000 Paycheck Amount (Biweekly): $1,840 Gender Identity: Woman Monthly Expenses Rent: $3,200 (I share a one bedroom with my boyfriend, C. I pay $1,750 and he pays $1,450 since I make more money. I hope our salaries will even out soon.) Loans: $0 (I went to school in Canada, received a scholarship, and my parents graciously paid the remainder.) 401(k): I contribute 9% and employer matches 5%. I currently have around $11,000 saved, and hope to ramp this up as my salary increased and my employer started matching. Savings: $360 (As of a month ago, I made a commitment to put $360 a month into savings. I currently have $540 saved, and plan to stick with this and watch it slowly grow. Previously, I was an inconsistent saver.) Unlimited Metrocard: $127 (taken from my paycheck pre-tax) Horti: $27 (This is a houseplant subscription service, which probably sounds crazy but brings joy.) Spotify: $9.99 Phone: $73 Netflix: $0 (We use my parents’ account.) Hulu: $0 (C. has a free membership through a work perk.) HBO: $0 (I use a […]

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