Money

How do you spend your paycheck?

Facebook bl@ckmamba
Mar 11

Investments / Retirement fund (401k etc) / Essential expenses (rent, insurance, mortgage, utilities) / Discretionary expenses / Savings

I’ll go first
20 / 10 / 40 / 10 / 20 (%)

comments

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  • Facebook Probe
    Hookers / Blow
    50 / 50 (%)
    Mar 112
    • Amadeus Trick2g
      This guy gets it!
      Mar 11
    • Flagged by the community.

  • Microsoft / HRa**
    My paycheck is too small that it spends itself.
    Mar 110
  • Amadeus Trick2g
    I save 60% of my post tax pay every month after all expenses. That’s also after maxing my 401k and backdoor Roth. I put all of it in investments in betterment. I live quite frugally even though my wife doesn’t lol. We make 300k total tc of which everything is liquid. I get peanuts in stocks options but have a decent base salary. So I invest it as much as I possible can even though the markets aren’t doing great. Hoping to stay invested for decades to retire early
    Mar 114
    • Facebook bl@ckmamba
      OP
      Oh so you don’t have any savings then? May I ask how old you are?
      Mar 11
    • Amadeus Trick2g
      I have 50k in savings in a high yield savings account as my emergency fund for one year of living expenses. I am 30. I am able to do all this with 175k tc in the Bay Area.
      Mar 11
    • Oath Supremist
      Do you have a house?
      Mar 11
    • Amadeus Trick2g
      No.
      Mar 11
  • Microsoft / EngdKWp30
    TC too low 😭
    Mar 110
  • Facebook cooleytins
    Roughly the same. Sometimes 0/10/40/30/20 when I’m feeling whimsical.
    Mar 110
  • ConocoPhillips Bep
    0 / 10 / 45 / 35 / 10
    Mar 111
  • Epic / Eng
    Andhaaaa

    EpicEng

    PRE
    Intel Corporation
    Andhaaaamore
    60/10/25/5/0
    Mar 111
    • Facebook bl@ckmamba
      OP
      What platform do you use to manage your investments?
      Mar 11
  • Axtria DesiLaunda
    TC too low to be divided into the specified buckets
    Mar 110

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