How a 23-year-old Pennsylvania-based teacher spends:

SALARY: I make $50,000 per year as an elementary school music teacher based in Pittsburgh, Pennsylvania. As a teacher your salary is non-negotiable. 

  • SAVINGS: I have $12,500 in my savings account right now. 

  • MONTHLY EXPENSES: I live with my parents, so I don't pay rent. I contribute to a 401(k) and I'm on my parents' healthcare plan still. I go to weekly Pure Barre classes that cost me $100 a month. I pay $40 a month for FabFitFun Membership, $10 for Spotify and $40 for manicures each month.

  • DEBT: I am in debt. I only have $10,000 left in student loans, so I make extra payments every month to hopefully pay it off in the next few years.

  • INVESTING: I contribute to my Roth IRA every month.

  • SPENDING VICTORY:  The best thing I ever spent money on was going to Europe in college - we traveled to Germany, Austria, and the Czech Republic. 

  • SPENDING REGRET: I regret leasing my first car rather than buying it.

  • SIDE HUSTLE: I teach private voice and piano lessons, bringing in an extra $400 a month. 

  • CHARITY: The last charity I donated to was Make-A-Wish.

  • IF I WON THE LOTTERY: I would pay for a vacation for my entire family! (Then I'd probably pay off my student loans....) 

  • GOALS: I want to be out of debt and save for a down payment of a house.