How a 26-year-old San Francisco-based account manager spends:

  • SALARY: I make $80,000 a year as an account manager based in San Francisco. I have never asked for a raise. 
  • SAVINGS: I have about $21,000 between my savings account and 401(k).
  • MONTHLY EXPENSES: I spend $1,570 each month on rent. I contribute to a 401(k) and I pay for my health insurance. I share Netflix with my sister so I only pay $5 each month. I’m on the Spotify family plan, which also cuts costs. I pay $90 per month for a gym membership. My phone plan, which is $60 per month, is reimbursed by my employer. I pay $50 per month in gas, power and internet bills.
  • DEBT: I am not in debt. 
  • INVESTING: I invest. I have a 401(k), an account with Betterment that automatically invests my money, and about $500 in stocks that I picked and invested in myself. 
  • SPENDING VICTORY: Travel, always. I recently spent almost a month traveling around Spain!
  • SPENDING REGRET: Cheap clothes. I tend to impulse buy clothes I like and ended up only wearing them once or twice and donating. I am working on becoming a minimalist, though. 
  • CHARITY: I donate to KCRW and to my friend’s theater class. My friend is a theater teacher in Brooklyn and they always need money for costumes and supplies so I send $10 a month.
  • IF I WON THE LOTTERY: I would buy a Tempur-Pedic mattress and a Tesla Model 3.
  • GOALS: I want to get $15,000 in my emergency savings and build a travel fund.

- She Spends / Issue #45