A Week In Philadelphia, PA, On A $210,000 Salary

Welcome toMoney Diaries , where we’re tackling what might be the last taboo facing modern working women: money. We’re asking millennials how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar.

Today: an attorney who makes $210,000 per year. This week, she spends some of her money on a Rag & Bone blazer.

Occupation: Attorney
Industry: Healthcare
Age: 34
Location: Philadelphia, PA
Salary: $210,000
Paycheck (Once Per Month): $10,800, since I have now maxed out my FICA taxes

Monthly Expenses
Housing: $2,100 for mortgage and taxes. My boyfriend moved in recently, but I pay all my housing costs.
Student Loan: $1,550
Credit Card Consolidation Loan: $1,200
Home Improvement Loan: $1,050

All Other Monthly Expenses
Daily Dog Walker: $350
Family: $75 – $150 to each of my nephews’ college funds
Gas Payment: $150
Electric Payment: $50
Cell Phone: $80 — but work reimburses me $45
Internet: $98
Water: $45
Planned Parenthood Donation: $50
Gym Membership: $50
ASPCA Donation: $17
Starz: $9. We use my boyfriend’s Netflix and HBO accounts.
Public Transportation: $70/month on average. My subway card auto-refills when it gets low, but it’s $1.80 per ride. I have it set to refill in $10 increments.

401(k) Contribution: $750 pre-tax
Primary Savings: $500. I also move to savings anything left in my checking account at the end of the month.
Acorns Investment App: $250
Vanguard Individual Investment Account: $250

Day One

6:45 a.m. — I hit the snooze button and mentally berate myself for not tackling a project over the weekend; doing so would have allowed me to sleep an extra 45 minutes. It’s especially hard to get out of bed when my boyfriend and the dogs are still fast asleep. He works for himself and has a very flexible schedule, which means he rarely has to wake up early. I’m jealous. We ran out of coffee pods over the weekend, so I leave the house without caffeine. I …read more

Source:: Refinery29

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