Welcome to Money 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. (Thanks, New York mag, for the inspiration.)
Today, a woman in non-profit doing research ponders how to contribute to her mutual fund.
Brooklyn, NY Salary:
$50,000Paycheck amount (2x a month):
$1484 (after taxes) # of roommates:
1, my girlfriendMonthly ExpensesHousing costs:
My GF and I split our rent of $2,100. My portion of the rent is $1,050.Loan payments:
I pay for gas (roughly $45) and internet ($54.99). GF pays electricity which is high right now since we have two AC units. Transportation:
Work pays for my monthly MetroCard. Health Insurance:
Work pays 100% for my health insurance.Phone Bill:
My parents pay. Savings:
I have a mutual fund that I set up a few years ago when my grandparents died and gave each of their grandchildren a chunk of money. There’s about $21,000 in it now.Amazon Prime:
$80 per year.