Cash Fasting Round 3: Sticking to my budget

With my new financial resolutions to stay on top of, it was more important than ever for me to stay on top of my budget this month. Therefore, this month’s goal was incredibly simple: STICK. TO. MY. BUDGET. After all, what’s the point of even having one if you can’t follow it?

Behold! For the first time in a very long time, and definitely the first time since moving up to NYC, I stayed within my budget! Continue reading “Cash Fasting Round 3: Sticking to my budget”

Two Cents: Q&A with Angie

Welcome back to Two Cents, a Q&A series that reveals how individuals of different ages, cities, and professions feel about their current financial situation.

Meet Angie! She’s super upbeat, an extremely talented dancer (although she doesn’t give herself enough credit for it), and always the life of the party. This is the kind of girl who can drink you under the table and still be ready for a 9 am presentation the next morning. She’s the extrovert to my introvert, which will quickly become apparent. Continue reading “Two Cents: Q&A with Angie”

Christmas Shopping in Review: How much did I actually spend this season

It’s been a month since Christmas. Honestly, I expected this post to have been completed much earlier, but somehow the new year just got out from under me. I started the holiday season off well-prepared and armed with a financial plan. It started off great but eventually spiraled out of control… it’s always the last-minute shopping that gets expensive. Time for a 2016 Christmas breakdown.

Total spent on gifts: $796
That’s for 20 people, meaning I spent an average of $39.80 per person this season. Hot damn. Continue reading “Christmas Shopping in Review: How much did I actually spend this season”

Living on less: You don’t need as much as you think

Earlier today, I was reading this fascinating thread on Reddit about living in NYC on 35K (or less) a year. Some Redditors explained how they could live on this amount and still save a significant amount of money. While I do have the luxury of a job that pays me much more than that, my aggressive savings goals mean that I will be attempting to live on less than half of what I typically make in a year, which is going to come in at a little below 35K, if I manage to stick to all my plans. Continue reading “Living on less: You don’t need as much as you think”

My 2017 Savings Gameplan

Welcome to 2017! It’s a new year, which means that it’s time to get some of my financial goals moving. Assuming everything goes well, I’ll be putting away close to 60% of my income this year towards savings and investments.

My 401k contribution is now set to its maximum percentage that will give me an additional $18,000 in my account by the end of the year. Unfortunately, my current company plan is pre-tax only. If there was a post-tax option, I would definitely be opting for that instead. What I’m really excited about, however, is that I will now have company matching on my contributions! Continue reading “My 2017 Savings Gameplan”