How a 27-year-old Houston-based marketing manager spends:

  • SALARY: I make $65,000 per year as a marketing manager based in Houston. I have asked for a raise. I felt very powerful and proud. I was in an annual review with my manager, and he offered me a raise, which I countered and backed up with proof on why I was worth more. He was impressed and went back to our CEO and asked for more for me. It was a defining moment in my career where I realized how important it is to stand for your worth. 
  • SAVINGS:  I have $8,000 in my savings account. 
  • MONTHLY EXPENSES: I pay $900 for rent each month. I contribute to a 401(k) and I pay for health insurance. I freeload off my family's Netflix account, and I teach at my gym in exchange for free membership. It's a great perk! I spendabout $100 on utility bills a month (gas, electric, internet, etc).
  • DEBT:  I am not in debt. 
  • INVESTING: I currently invest in impact funds that make a difference in green tech, clean water, renewable energy and healthy living. They are actively managed portfolios, so I have a recurring monthly investment and I watch my money grow and make a difference.
  • SPENDING VICTORY: Trips! I love to travel and all of my big purchases have been on memorable trips around the world. I'd rather have stamps in my passport then things in my house. To me, those memories will last a lifetime. 
  • SPENDING REGRET: I regret not saving earlier. During my first couple of years out of college, my salary was low and living expenses were high. I wish I had found cheaper rent and started saving more. 
  • CHARITY: The last charity I donated to was a local group called GenerationOne, which helps bring quality childhood education to underfunded communities. 
  • SIDE HUSTLE: I teach yoga on the side. I make between $5,000 and $10,000 a year.
  • IF I WON THE LOTTERY:  I'd pay for a trip! Probably a year-long one. 
  • GOALS: I'm currently saving for a house and a trip to Ireland.

 

- She Spends / Issue #58