I’ll be starting soon as a new grad at Microsoft and I’m trying to figure out what I can actually afford when it comes to rent/car/etc. It’s quite confusing going from ramen noodles and walking everywhere to having to get groceries and get a car. My base is 108K and I was wondering what a traditional budget would look like? I’d like to live in a 1BR in Seattle (maybe around Lower Queen Anne) and ideally lease a decent car if that helps!
Thanks in advance for your advice!
Save money until you have enough of a down payment to buy a home.
Really you were happy living in student housing you can tough it out a few more years and it'll make A HUGE difference to your long term wealth.
You'll see lots of your coworkers rolling in their 100k luxury cars and paying stupid rent. Don't.
Bank it. Buy a house. Pay the house off fast. And do all that while maxing 401k.
Your future self will thank you.