The Atlantic – May 2016 Issue – The Money Report

The Atlantic magazine is covering fantastic money related stories for their May issue! Tons of great stories. A definite must see! http://www.theatlantic.com/projects/true-money-stories/ The Secret Shame of Middle-Class Americans Nearly half of Americans would have trouble finding $400 to pay for an emergency. I’m one of them. Why Don’t Americans Save More Money? Maybe the only way… Read More The Atlantic – May 2016 Issue – The Money Report

My Monthly Budget – Setting Goals for 2016 (March update)

So in a previous post, I provided a breakdown of my monthly expenditures. Monthly budget: $1,979 / Yearly budget: $23,748 Monthly savings: $1,568 / Yearly savings: $18,816 Yearly net pay: $42,562 (after taxes & benefits) Net savings rate: 44% A net savings rate of 44% is awesome, especially compared to the national average. The average American saves slightly more than 5% of their disposable income… Read More My Monthly Budget – Setting Goals for 2016 (March update)

Frugal Finds – 3/23/16, Monthly Budget Update

Today’s frugal finds include: $29.95 (includes shipping) ARRIS / MOTOROLA SURFBOARD SB5101U 2.0 CABLE MODEM (Ebay) $6.50 (includes shipping) SAMSUNG INTENSITY U450 (Ebay) So not the sexiest of items purchased but I’m glad to share that the following purchases will help to cut my monthly budget by $50! Monthly budget: $1,250 rent (covers all utilities: gas, electric,… Read More Frugal Finds – 3/23/16, Monthly Budget Update

Monthly Budget vs Average Cost of Living in NYC

So here is a breakdown of my monthly expenditures. Monthly budget: $1,250 rent (covers all utilities: gas, electric, water) $60 cell phone $23 cable $8 netflix $200-300 food $5 laundry (1 small load, twice a month) $100 miscellaneous (personal care, clothing, others) $233 school loan payment Total monthly budget: $1,979 * Note: I also generate income through… Read More Monthly Budget vs Average Cost of Living in NYC

Frugal Finds – 2/13/15, 2/14/15

Financial independence. I recall the first time I read those words. Once I discovered what they meant, my immediate thoughts were – “I want this!”. Since then, I’ve been on a mission to understand what it takes to become financially independent. There are lots of tips for reaching financial independence. What it boils down to on a very… Read More Frugal Finds – 2/13/15, 2/14/15