How a 26-year-old New York-based junior art director spends:

  • SALARY: I make $65,000 as a junior art director based in New York, N.Y. I have asked for a raise before. It went great. My manager at my previous job knew how underpaid my entire team was and vouched for a $20,000 cost of living raise.
  • SAVINGS: I have $377.38 in my savings account. 
  • MONTHLY EXPENSES: I spend $1,225 per month on rent to live on Manhattan’s Upper East Side. I do not contribute to a 401(k) but I do pay for health insurance each month. My monthly spending includes $120 for a phone bill (including the iPhone payment plan), $140 for a gym membership, $40 for a ClassPass, roughly $50 for ConEdison (plus $25 for a payment plan), $60 for Spectrum Internet, $26 for HBOGo and Hulu, and $10 for Spotify. 
  • DEBT: I am in debt. I have a monthly ConEdison payment of $25 and I try to put about $300 per month toward my credit card debt, but I'm going to wipe it out with my tax returns this year.
  • INVESTING: I have not yet started investing. 
  • SPENDING VICTORY: The best thing I ever spent money on was my gym membership. 
  • SPENDING REGRET: Getting myself into debt. I often have to float my work expenses which gets me behind on bills, so my credit card debt and late payment fees really add up. It's a never-ending cycle.
  • CHARITY: The last charity I donated to was St. Jude's Children’s Hospital.
  • IF I WON THE LOTTERY: I would buy an apartment! Rent is SUCH a hassle.
  • GOALS: I want to save a "F*ck off" fund, start investing, make $100,000 per year and stop living paycheck to paycheck!

- She Spends / Issue #47