Industry: Health Insurance
Age: 31
Location: North Shore, MA
Salary: $80,000 ($75,000 full-time job and ~$5,000 part-time job).
Net Worth: -$24,263 (checking: $741, savings: $40,703.37, 401(k): $18,799, car: $16,023, minus debt).
Debt: private student loan: $64,175, federal student loan: $19,435.35.
Paycheck Amount (biweekly): full-time job: $2,020 (after deductions), part-time job: ~$500 (varies around how many hours worked).
Pronouns: She/her
Monthly Expenses
Rent: $0 (I currently live with my family and my parents are pretty traditional (Caribbean) in the sense that they don’t expect any of their children to pay rent while living at home).
Federal Student Loans: $0 (paused).
Private Student Loans: $1,500 (I pay more than the minimum).
Health Insurance: $187.80 (includes dental and vision, deducted pre-tax).
401(k): $86.54 (my company matches this in full, deducted pre-tax).
Car Insurance: $204 (my car is fully paid off).
Cable/Wi-Fi: $77 (my half; my brother and I cover this bill).
Cell Phone: $55
Pet Insurance: $41 (my half, split with my brother).
Gym: $23
Disney+: $2.99 (they sent me this promo price about two years ago and the price has never changed).
Netflix: $0 (my brother pays).
Emergency Fund: $200 (I have almost four months’ worth of expenses saved up so once that’s fully funded, I’ll allocate this amount elsewhere).
Sinking Funds: $540 (I have a few different sinking funds like car, dog, travel etc.).
Annual Expenses
Amazon Prime: $23 (my share; my siblings and I split this cost and use one account).
Hulu: $80 (shared with my siblings).
Spotify: $99