The Pun of Harts: It's not impossible if you're not paying rent. If she cut down her spending enough to pay $500 a month on the principle it would slowly get paid off.
She doesn’t need to save, she needs to pay off her debt. No point in saving $25, when it can be applied to principal of your debt. Interest accruing each month is more than $25 per month.
A Nony Mouse She should definitely save more and put more towards her debt. But she does not have 1000 dollars of disposable income. What mode of transportation is she using? What about basic toiletries? These are necessities not wants. She needs to revisit this budget. This is the time for her to pay off her debts while she is living rent free/mortgage free and sans kids.
It's true, she didn't mention groceries as an expense... I wonder if that is shared with her family? I assume her main mode of transportation is subway and occasional uber, as she doesn't list car insurance as an expense.
She should definitely get rid of that credit card debt immediately. She spends more money on nothing rather than gettin rid of the debt and saving more.
carnival30 lmao forreal. I'm in school(undergrad) and make $200 saving deposits. Use $400 free spending for the month, if even reach that limit. I thought my savings was low guess not 🤷♂️
Um what are you talking about. If she saves this amount for 50 years she'll have 15,000 saved up. That's plenty to live a life of luxury on her budget for a little over 7 months. She is pure goals. /s
Derrick Parker she could also invite people over and mix her own cocktails, and have a potluck. Definitely could cut out Uber though, unless you split with a friend. Luckily the transport system is way better in NY than it is where I live hahaha
videoviceroy At least try rather than complain without trying. Plus, people who spend too much on eating out often get heart diseases later in life so eventually she'll be broke and have to pay off medical expenses eventually. Many have been doing what she has been doing and they regret now what they did back then
When I look at this lady's spending some of it is very unnecessary . She could have already paid off her credit card debit by putting more to pay it off. She has over 1000 dollars for spending and that kinda sounds like a lot when you have to pay off debit .
People get really caught in in credit card debt especially when they don’t take notice of where their money is going. If she puts about $100 or more towards the credit cards and more towards saving then she will automatically limit how much more she can spend on.
I agree but I also empathize with her. I find I'm in a wicked cycle of paying down my credit but then because i don't have as much money afterwards i use my credit so even though i maybe put 500 on my credit i might spend 400-600 and so i basically just am maintaining my debt.
😂😂I found this very entertaining because her income and spending habits reflect my own😂! But in all seriousness, this is definitely eye opening. I don’t spend as much as she does anymore but I know the struggle. Thank God for my new minimalistic lifestyle.
Brian She probably works for a non-profit organization. They don't pay employees well. A career advisor in the corporate industry would most likely make way more money.
So many people are criticizing this woman. But I like her perspective because it’s a more realistic on how most people spend their money. She knows what she has to do. She stated it multiple times throughout the video. Just a different perspective people. It’s not $95,000 like the other woman.
Its not even about 45k vs 95k. Its just about being smart where she's spending that money. A lot of things in her list are unnecessary. Believe me, I was her a few years ago. If she has credit card debt her priority should be paying off that debt.
bordness1234 It is realistic but I think people “criticize” her because she’s very irresponsible with money. She’s pretty much ignoring her biggest responsibilities: her debts (paying $91 on a 60K student loan... but eating out all the time); and out of the $1200+ per month she has to spend, she only puts $75 toward savings. Basically out of her spending budget, less than 20% goes to things she needs to worry about. Instead she just spend money frivolously. That’s what people are saying
Let’s appreciate the two women so far who are willing to go on the record about their salaries and their monthly budgets. I know if Glamour asked me to do this, I don’t think I would. These videos are very enlightening, and help us understand how hard personal finance really is.
chris banks I just said over 15 billion in overdraft fees were paid in 2017 so people can't even handle that well. Took the place of bounced checks it seem. Like I said just be responsible no matter which card you use. I personally use my Visa Platinum and AmexBlue like a debit card. Been doing this since the 80s in high school before debit cards even existed. I think I have around $1500 in each of my accounts. I have no idea what my interest rate is and don't care. Only use my debit card for local currency while traveling and have about $2k I think. I'm in Switzerland until August for Lugano Estival Jazz and some hiking,sailing,etc. Used them all over the U.S. and 57 countries and no late fees,penalties,interest rates,etc..
BlackWorldTraveler Smart way to use credit cards. You made your credit cards the most powerful debit cards on the planet. It's so simple and logical it probably goes over most people head. But people will always be in debt with credit cards and paying debit card overdraft fees. It will never end.
I'm 24 and have a simple excel sheet I used to track my spending. I have monthly allottments for eating out, groceries, car ukeep etc. I just myself do whatever I want in the beginning of the month and once i get closer to my limits are start limiting myself. Then, by the end of the month, I may be cooking cheap pasta for a few days, but at least I'm not in debt. More people my age need to do this. There is no reason for you to have credit card debt. NONE. Unless you are purposefully financing something needed, like a computer or something.
I do the same thing. I do have a credit card however, some US based companies don't allow eu cards. I pay it of every month, something more people should do.
Right? Like I have a Solid Job as an engineer, and yes, I use a folding chair as a night stand, after 16 months of graduating, but Im not going to go buy a bunch of "adult" furniture and then be in debt. My credit score is more important than that.
that's a good attitude! As a tip, I would like to give you not to eat pasta 3-4 days in a row, but something cheap once a week on a fixed day. then the pasta is not a 4-day penalty, just everyday life. maybe you even want to go up to 8 days for cheap food, because it doesn't matter if the days are well distributed.
Scratch that, doesn't matter anyway because starbucks is over-rated. It's called a coffee machine people. People in debt shouldn't be spending several dollars on a cup of flavored water and milk.
She could save so much while living with her parents. I cant believe while having 1600 left over she only saves 25. It's probably realistaclly what a lot of young people do though.
Maybe she's at the early stages of her career and just graduated. Most of the time you won't be making top salary until 10 - 15 years into your career.
Allie Diallo For NYC that is a very low salary. Basic retail supervisors average about $53k per year according to the Bureau of Labor Statistics 2017 NYC metro area wage data. You don’t need a college degree for those jobs.
Umm, I also live in NYC (started my post-college job a few months ago) and most of my friends and myself make about the same in starting salary (in the 40,000s). Yes, its a pretty low salary but once you get promoted and whatnot you see a big jump.
Clarissa Explains It All That’s a great generalized statement, but data speaks volumes compared to a few personal anecdotes. www.bls.gov/oes/current/oes_35614.htm#13-0000
Jethro she's most likely on a repayment plan that's income based. It's nice having that low payment, but the amount of interest paid after all of those years is staggering
This is why I don’t eat out anymore. It adds up! That’s where most of my money (besides bills) was going. You’ll save so much money if you go out once a month instead.
Thats good that your examining and trying to improve your budget. . I also make 40k and share my budget on yt. Hope you'd subscribe. Trying to reach 100 subs for a giveaway. Stop by my channel and let me know what you think.ruclips.net/video/9BtIlfqPalg/видео.html
So much spent on eating out and Ubers! If you live with your parents, they definitely have a full kitchen you can use, and it's not like there's a shortage of great markets in Brooklyn. Plus, you can walk/bike/take the subway!
My bank statement is like -500 to dad, -50 for a desk chair because I just moved, -70 for utilities, -50 for groceries, -50 for loan payment, and then there's the weekend I wanted to actually enjoy so -30 for drinks and food at a bar (World Cup watching) and -20 for a movie+food. I feel like it's totally okay to go out maybe once a week or twice a month but you gotta be careful lol it goes away quick. People deserve to enjoy their lives even if they got debt. Her spending is kinda normal to me even though she could cut down on the food and she knows that lol
Only saving $25.month, no emergency fund, okay with CC debt. This is a recipe for disaster. Most of us do the same thing though. Thank you for being brave enough to show this.
I make waaaay less than she does, and have under $1k in debt - cut my spending to pay off $5k in debt in 6 months. She has the power to pay off her debt but some people learn the hard way. Everyone spends money differently but you gotta make a budget in order to stay ahead.
People are crazy critical of this woman in these comments when her spending habits are probably pretty normal for most people around here age today. Sounds like she has some self awareness so she'll probably get serious and buckle down one day.
Babylongonz 1 shes not screwed. She makes plenty enough to go on the right track......if she changes certain habits and learns to be more frugal for at least a few years that is. So as long as she continues not having to pay rent and keeps an income at or more that of her current job..then she'll be fine...but the sooner she changes thw better.
Suddenly I don’t feel bad about my own money management skills lol. But this video really motivates me to do better and it’s more relatable compared to the other ones.
I commend her for being so transparent. I guess those making over 100k fail to realize we all have to start somewhere. With the right knowledge and plan she'll be able to move out.
Some advice. Pay off all debts before moving out of your parents house (if possible). Because once you live alone, the minimum payment becomes your only option
I like this one bc this is shows what happens when you dont keep track of your spending. She seems very surprised at her own spending! very useful video.
Dude this girl has 4.5k in credit card debt but has an expendable income of over $1000 literally makes no sense. Girl the longer you wait to pay your debt the more debt you'll have. Stop giving people money!!!!
Paying $91 a month on student loans is a waste of $91. All she's doing is just creating more interest she'll need to pay off later. More money should be spent on her loans and debt than on fun stuff.
People are so judge mental. When this one is actually way more relatable and how most people live. Judge all you want but this is how most of us/ friends/ family live trying to manage our income social life and bills.
She is not taking advantage of her living situation. If I had a budget of 2,118 it would be $350 for utilities at parents, $700/month for debt, $500/month in savings and $500/month to spend. Poor money habits!
When I’m actually providing for myself rather than having fast food often (fast food is actually pretty expensive) I’ll save and take myself to a nice dinner sometimes which will not only save money but force me to be a well rounded cook and make eating out a fun reward.
somebody needs to get her priorities straight. I'm not a saint but Starbucks? fast food? uber? eating out when you have so much debt? 🤐🤐 She should advise herself
Starbucks is outrageous. For one it tastes like dirt but we're not here to talk about that. She could easily buy a French Press and some Starbucks coffee beans and make her own for the cost of 3 of them. Unless she's being bougie and getting the frilly drinks then I can't help her.
@@habituallinestepper2883 that's exactly why I think people say they don't have time to make coffee. They just want their foo foo drinks. I used to buy coffee everyday and have since bought a coffeemaker that programs to brew in the morning. When I do buy coffee, I see it as a treat for myself.
These videos are so eye opening thank you so much. Shopping and eating out are the same no matter what price point but it also make me feel less guilty and selfish for spending on myself.
Its important to have a healthy relationship with money.. I also make 40k and share my budget on yt. Hope you'd subscribe. Trying to reach 100 subs for a giveaway. Stop by my channel and let me know what you think.ruclips.net/video/9BtIlfqPalg/видео.html
I bet this girl is enjoying her life unlike all the financial advisors in these comments telling her to stop going out for drinks and food lol how boring
She'll be in debt and borderline poor her entire life. She won't get any further in life with those expenses lol ridiculous. Getting a degree for that...
Wait a sec, at age 19 I was making $17K a year, and still had $3500 in a personal savings, also without paying rent and constantly taking Uber. How is it that she only pays $91 towards her loans and $25 towards her savings account???
No rent right now she needs to take advantage of that and pay off student loans
paying off a 60K student loan with a $40K yearly salary is impossible
The Pun of Harts I hear you but if she only pays 91 monthly the interest will skyrocket the amount owed. Dave Ramsey will be her new best friend
Preach! Or at least pay more than the minimum to decrease the principal and ultimately decrease the interest.
true i got disappointed when i saw that $91 dollar. She could've put 100-150 the least so she wont pay forever.
The Pun of Harts: It's not impossible if you're not paying rent. If she cut down her spending enough to pay $500 a month on the principle it would slowly get paid off.
Don't save what is left after spending. SPEND WHAT IS LEFT AFTER SAVING!
H.Benz amen. She spend so much money on food lol
This is excellent advice! I wish everyone would take it to heart.
Oh wow that’s good
Ha! That's what I did before I learned how to budget.
She doesn’t need to save, she needs to pay off her debt. No point in saving $25, when it can be applied to principal of your debt. Interest accruing each month is more than $25 per month.
Eating out is a scam ppl
Its ok on occasions but not a daily thing
well .. it's the only thing that i waste most of my money on each month
YOLO i guess .. HF
It is the most effective scam for me. 100% the worst
Trueeee
I cant eat out because I am scare of food poisoning
How is it a scam?..
Making your own sandwich = less than 1$. Store bought = 4$
$60,000 in loan ans only paying $91 a month......girl
lol she's pretty much paying the interest on it... she will never pay that off in her life lol. I guess works out for her then...
60k to get a 40k a year job. Solid... lol
i grad w 2 degrees 2 years ago had 64k; now im already below 50k paying around 750 a month and i thought i was bad w finances lol
She is not paying rent...she should basically treat her student loans as rent....i.e. 1K a month
grospipo20 at that rate it would take her 54 years lmao
She spends more a month on Starbucks than she puts in her savings account. She's mad.
Oh, she believes in astrology...
She's going nowhere in life with that mindset lol
Definitely.
You made me realize that's me. Thanks!
Thats because she has too much money and money is supposed to be spent. When my husband told me to quit my job , our savings increase big time.
She only has 4.5k in credit card debt. If she paid $1000 each month, which is her disposable income, she could get rid of the debt in 5 months!
A Nony Mouse She should definitely save more and put more towards her debt. But she does not have 1000 dollars of disposable income. What mode of transportation is she using? What about basic toiletries? These are necessities not wants. She needs to revisit this budget. This is the time for her to pay off her debts while she is living rent free/mortgage free and sans kids.
It's true, she didn't mention groceries as an expense... I wonder if that is shared with her family? I assume her main mode of transportation is subway and occasional uber, as she doesn't list car insurance as an expense.
and do what, spend 0 dollars every month for almost half a year lmaoooooo
I thought I was losing it, honestly.
She should definitely get rid of that credit card debt immediately. She spends more money on nothing rather than gettin rid of the debt and saving more.
only $25 a month savings?? she can do better than that. I loves these by the way.
carnival30 by her logic she saves 300 a year. But then turns around and gives 500 to her sister for a trip. Huh..
carnival30 lmao forreal. I'm in school(undergrad) and make $200 saving deposits. Use $400 free spending for the month, if even reach that limit. I thought my savings was low guess not 🤷♂️
carnival30 honestly, Im a college student and I only make like $600 a month and I put away $50 every time I get paid 😂
Um what are you talking about. If she saves this amount for 50 years she'll have 15,000 saved up. That's plenty to live a life of luxury on her budget for a little over 7 months. She is pure goals. /s
If she cut out Uber, limits eating out to about once a month, and eliminates alcohol consumption, then she’d be good
Derrick Parker she could also invite people over and mix her own cocktails, and have a potluck. Definitely could cut out Uber though, unless you split with a friend. Luckily the transport system is way better in NY than it is where I live hahaha
chris banks what do you do if you don’t mind me asking? I’m trying to save money at the moment and I’m trying to find as much advice as possible :)
Derrick Parker easier said than done
videoviceroy At least try rather than complain without trying. Plus, people who spend too much on eating out often get heart diseases later in life so eventually she'll be broke and have to pay off medical expenses eventually. Many have been doing what she has been doing and they regret now what they did back then
Derrick Parker RIGHT
When I look at this lady's spending some of it is very unnecessary . She could have already paid off her credit card debit by putting more to pay it off. She has over 1000 dollars for spending and that kinda sounds like a lot when you have to pay off debit .
Shanelle Shanelle I’ve done an experiment like this but it’s pretty hard... I agree with you though
Like if she just cut some expenses and put it away for a couple months she could easily pay off the credit card debt
like yall would do any better. Why are yall criticizing this woman? this is how most people spend their money anyways
People get really caught in in credit card debt especially when they don’t take notice of where their money is going. If she puts about $100 or more towards the credit cards and more towards saving then she will automatically limit how much more she can spend on.
I agree but I also empathize with her. I find I'm in a wicked cycle of paying down my credit but then because i don't have as much money afterwards i use my credit so even though i maybe put 500 on my credit i might spend 400-600 and so i basically just am maintaining my debt.
She has 1000 spending money a month! She shouldn't be in credit card debt.
mad as usual sad to say I can relate.
Rent free? And paying close to the minimum payment on her debt?! Praying for her lol
Biden gon forgive it
😂😂I found this very entertaining because her income and spending habits reflect my own😂! But in all seriousness, this is definitely eye opening. I don’t spend as much as she does anymore but I know the struggle. Thank God for my new minimalistic lifestyle.
Same.
This might seem messed up, but am I the only one who finds it ironic that a "career advisor" only makes $43K a year.
Brian She probably works for a non-profit organization. They don't pay employees well. A career advisor in the corporate industry would most likely make way more money.
I thought the same thing. Denise Noles is right though, she probably works for a college.
No I don't see the irony. She's a career advisor not a financial advisor.
not really, when you say career advisor I think someone advising students and unemployed on career paths.
mattachine not probably, definitely. She said she still used the college e-mail address for iTunes even though she hasn’t attended college in a while.
So many people are criticizing this woman. But I like her perspective because it’s a more realistic on how most people spend their money. She knows what she has to do. She stated it multiple times throughout the video. Just a different perspective people. It’s not $95,000 like the other woman.
Its not even about 45k vs 95k. Its just about being smart where she's spending that money. A lot of things in her list are unnecessary. Believe me, I was her a few years ago. If she has credit card debt her priority should be paying off that debt.
Just because everyone spends like that doesn't mean you should. She should be paying off her debt and saving up for her own place
Lol no. She's desilusional and so are you
Just because she STATED what she needs to do...doesn't meant she's GOING to do it!
bordness1234 It is realistic but I think people “criticize” her because she’s very irresponsible with money. She’s pretty much ignoring her biggest responsibilities: her debts (paying $91 on a 60K student loan... but eating out all the time); and out of the $1200+ per month she has to spend, she only puts $75 toward savings. Basically out of her spending budget, less than 20% goes to things she needs to worry about. Instead she just spend money frivolously. That’s what people are saying
Wow. This is horrible money management
It completely is.
That’s what happens when you live rent free. I live in NYC and I’m just shaking my head. Someone needs to teach her to be more responsible.
Rent free is the time to save to be able to invest in property or a business of some sort
Okay but did you speed up her voice or something?
I think she talks that fast lol
czechyrslf yea they did speed up her voice I caught that too. They only sped it up on certain parts though, not the whole video.
czechyrslf yes I had to bring it down to 0.75 speed
Yeah they did. Video editor must be trying to meet time constraints
Mecca F. Yeah me too
Let’s appreciate the two women so far who are willing to go on the record about their salaries and their monthly budgets. I know if Glamour asked me to do this, I don’t think I would. These videos are very enlightening, and help us understand how hard personal finance really is.
Never charge good on credit cards unless you are paying off the card that month.
DreamAngel123 PFW
I prepay before purchase.
chris banks
Last year over 15 billion was paid in overdraft fees by people with debit cards.
So no matter what card you use just be responsible.
chris banks
I just said over 15 billion in overdraft fees were paid in 2017 so people can't even handle that well. Took the place of bounced checks it seem.
Like I said just be responsible no matter which card you use.
I personally use my Visa Platinum and AmexBlue like a debit card. Been doing this since the 80s in high school before debit cards even existed. I think I have around $1500 in each of my accounts. I have no idea what my interest rate is and don't care.
Only use my debit card for local currency while traveling and have about $2k I think. I'm in Switzerland until August for Lugano Estival Jazz and some hiking,sailing,etc.
Used them all over the U.S. and 57 countries and no late fees,penalties,interest rates,etc..
BlackWorldTraveler
Smart way to use credit cards.
You made your credit cards the most powerful debit cards on the planet.
It's so simple and logical it probably goes over most people head.
But people will always be in debt with credit cards and paying debit card overdraft fees. It will never end.
DreamAngel123 PFW ya. Don’t charge on it unless you already have the money.
$60k in student loans and not worried about it, "it'll always be there" 😣😣 omg this girl needs to start being weird, not normal, and find Dave Ramsey
what I got out of this is that you can keep using a college email for half off music subscriptions 👀
Phuong Tran lol I do it with a lot of subscriptions 🤣
and computer discounts lol.
Yay! A new one.
Edit: Wait. Is that right? She has 60k in student loan debt but only pays $91/month??????
Probably on an IDR plan
hipnhappenin Yep you can get a plan or ask them to lower it
Jennie G so is she ever planning on paying it back....?
hipnhappenin don’t think so
hipnhappenin she said she figures loans will always just be there so doesn’t worry about it
I'm 24 and have a simple excel sheet I used to track my spending. I have monthly allottments for eating out, groceries, car ukeep etc. I just myself do whatever I want in the beginning of the month and once i get closer to my limits are start limiting myself. Then, by the end of the month, I may be cooking cheap pasta for a few days, but at least I'm not in debt. More people my age need to do this. There is no reason for you to have credit card debt. NONE. Unless you are purposefully financing something needed, like a computer or something.
Rad on!! 👏🏽
I do the same thing. I do have a credit card however, some US based companies don't allow eu cards. I pay it of every month, something more people should do.
Right? Like I have a Solid Job as an engineer, and yes, I use a folding chair as a night stand, after 16 months of graduating, but Im not going to go buy a bunch of "adult" furniture and then be in debt. My credit score is more important than that.
Plus one to the spreadsheet keeping. By far the single best choice I made on 2018.
that's a good attitude! As a tip, I would like to give you not to eat pasta 3-4 days in a row, but something cheap once a week on a fixed day. then the pasta is not a 4-day penalty, just everyday life. maybe you even want to go up to 8 days for cheap food, because it doesn't matter if the days are well distributed.
I live in NY and refuse to Uber unless it necessary. Just use your metro card and plan ahead. Especially with the surge fees
They should do a series & have a financial assist with their goals. Then follow-up to see if they did it or slipped back into old spending pattern.
Yes!
She needs to get into Dave Ramsey. I respect her transparency.
Rae talkss he will set her straight....hopefully
wow. everyone in the comment section is apparently a financial advisor making 6 figures!
Guard Passer The point of these videos is to show people how “not” to spend your money.
Guard Passer LOL
You don't need to be a financial advisor to know some of the unnecessary spending she made given that she has a heck of a loan to pay
Guard Passer Right! And theyre judging the other lady for not being realistic because she ''makes too much, is cheap etc"
if you can't tell she has bad spending habits you're just lacking common sense, no need to consult a professional.
And here I am struggling to spend £3 at Starbucks
Bruv
Because you're cheap or because you're broke?
Scratch that, doesn't matter anyway because starbucks is over-rated. It's called a coffee machine people. People in debt shouldn't be spending several dollars on a cup of flavored water and milk.
Ishan Ali I literally see your account everywhere
And here I am struggling with how I’m going to afford a baby that’s due in 4 months 🙃
She could save so much while living with her parents. I cant believe while having 1600 left over she only saves 25. It's probably realistaclly what a lot of young people do though.
60k in student loans but
Christina Nikol That’s what I was thinking. Especially for a job IN the city. City salaries are a bit higher...soooo what’s up with that?
Maybe she's at the early stages of her career and just graduated. Most of the time you won't be making top salary until 10 - 15 years into your career.
Allie Diallo For NYC that is a very low salary. Basic retail supervisors average about $53k per year according to the Bureau of Labor Statistics 2017 NYC metro area wage data. You don’t need a college degree for those jobs.
Umm, I also live in NYC (started my post-college job a few months ago) and most of my friends and myself make about the same in starting salary (in the 40,000s). Yes, its a pretty low salary but once you get promoted and whatnot you see a big jump.
Clarissa Explains It All That’s a great generalized statement, but data speaks volumes compared to a few personal anecdotes. www.bls.gov/oes/current/oes_35614.htm#13-0000
I'm baffled at her only paying $91 on student loans. I feel terrible only making minimum payments, which is waaay more than that!
Nicole Barlaan I just don't understand how the payment is so low when the total is so high
Me either! Probably only $5 of her payment go to her principal and the rest goes to interest. Doesn't at all make sense...
My student loan is around 7k and my minimum payment is 90$. She is not making any progress on paying down the principal.
Jethro she's most likely on a repayment plan that's income based. It's nice having that low payment, but the amount of interest paid after all of those years is staggering
And all she's saving is $25 a month? Crazy.
"I'm not a coffee drinker, I drink lattes.." gurl...do you not know what's in a latte?
James Stott MILK AND CONCENTRATED COFFEE 🤦🏽♀️
What a waste
Girl you live in NYC lol stop taking Uber so much. Only take it late at night
Yeah, just suffer on the subway like the rest of us!
Look at all these financial advisors 😒
Zenobia P yeah let's see their monthly expenses...
Zenobia P yeah let's see their monthly expenses...
Fabuloso dear, I think this comment may have went OVER ur head.....?
I'm an actual financial advisor for a bank..and this girl is ridiculous...
Zenobia P There’s always self-proclaimed internet experts.
She could save so much money. If you’re going to live on 40k a year or less, it’s possible, but you’re not going to live lavish. Save save save
This is why I don’t eat out anymore. It adds up! That’s where most of my money (besides bills) was going. You’ll save so much money if you go out once a month instead.
She seems very generous with her money🧐
This video gave me more anxiety than any other video I’ve ever watched.
Me too.
You must not have viewed the other video.
Ajay Reddy
It's a shame it takes a video and nobody can figure it out on their own nowadays.
Keep doing these!
Can we see something in the middle of the 95k lady and this lady?
Jmg123 with rent ideally as well
This video is so realistic. It makes me feel like I have good saving habits. I am always thinking of ways to cut down my monthly budget.
Thats good that your examining and trying to improve your budget.
. I also make 40k and share my budget on yt. Hope you'd subscribe. Trying to reach 100 subs for a giveaway. Stop by my channel and let me know what you think.ruclips.net/video/9BtIlfqPalg/видео.html
I love this show! It’s so useful to see how different women budget their money.
Nice to see someone with a relatable income and spending habits.
So much spent on eating out and Ubers! If you live with your parents, they definitely have a full kitchen you can use, and it's not like there's a shortage of great markets in Brooklyn. Plus, you can walk/bike/take the subway!
LOVE THIS TYPE of interviews. Thank you for sharing!
My bank statement is like -500 to dad, -50 for a desk chair because I just moved, -70 for utilities, -50 for groceries, -50 for loan payment, and then there's the weekend I wanted to actually enjoy so -30 for drinks and food at a bar (World Cup watching) and -20 for a movie+food. I feel like it's totally okay to go out maybe once a week or twice a month but you gotta be careful lol it goes away quick. People deserve to enjoy their lives even if they got debt. Her spending is kinda normal to me even though she could cut down on the food and she knows that lol
I respect her honesty. Everyone has their own journey. I would just save up while I’m not paying rent.
$2.1k a month to spend. And about 2.5k in total debit/withdrawals. That's not good.
I really like these videos, it’s bringing light to the importance of budgeting. More please!
Keep making these videos, they're pretty interesting.
Only saving $25.month, no emergency fund, okay with CC debt. This is a recipe for disaster. Most of us do the same thing though. Thank you for being brave enough to show this.
"What was I doing there?" "Why did I have to pay for that" "Why did I buy this"...Guuuurl!!!
I admire her honesty. You guys should do another one. Someone with children please!
This is a realistic salary for most middle class most of us don’t know how to manage our money .
I make waaaay less than she does, and have under $1k in debt - cut my spending to pay off $5k in debt in 6 months. She has the power to pay off her debt but some people learn the hard way. Everyone spends money differently but you gotta make a budget in order to stay ahead.
People are crazy critical of this woman in these comments when her spending habits are probably pretty normal for most people around here age today. Sounds like she has some self awareness so she'll probably get serious and buckle down one day.
The sooner the better.
videofan1010
Nowadays people should be critical about their finances.
Good chance she's screwed in her situation.
Babylongonz 1 shes not screwed. She makes plenty enough to go on the right track......if she changes certain habits and learns to be more frugal for at least a few years that is. So as long as she continues not having to pay rent and keeps an income at or more that of her current job..then she'll be fine...but the sooner she changes thw better.
videofan1010 No. They are absolutely NOT NORMAL for what she makes. Sorry.
WendyNavyRN those are facts.
Suddenly I don’t feel bad about my own money management skills lol. But this video really motivates me to do better and it’s more relatable compared to the other ones.
Good that your motivated. Stop by my channel to check out my saving journey
Dave Ramsey’s rant is needed for this video
I commend her for being so transparent. I guess those making over 100k fail to realize we all have to start somewhere. With the right knowledge and plan she'll be able to move out.
wow.. im 20 and I have much more in savings than her, plus she's still living with her parents
One of the many reasons I am supporting high schools add personal finance to graduation requirements.
More videos like this! And come down to Texas, I would do it!
Some advice. Pay off all debts before moving out of your parents house (if possible). Because once you live alone, the minimum payment becomes your only option
"Hey look how this woman can afford more useless things than you"
Well, it really doesn't sound like she can afford it.
I like this one bc this is shows what happens when you dont keep track of your spending. She seems very surprised at her own spending! very useful video.
Dude this girl has 4.5k in credit card debt but has an expendable income of over $1000 literally makes no sense. Girl the longer you wait to pay your debt the more debt you'll have. Stop giving people money!!!!
I LOVE these kinds of videos! Especially as someone who's just entering the professional world. I would love to see a teacher be interviewed! :)
Paying $91 a month on student loans is a waste of $91. All she's doing is just creating more interest she'll need to pay off later. More money should be spent on her loans and debt than on fun stuff.
People are so judge mental. When this one is actually way more relatable and how most people live. Judge all you want but this is how most of us/ friends/ family live trying to manage our income social life and bills.
This is a income I can , and I bet most, can relate to.
PLEASE MAKE MORE OF THESE !!!!! dont wait months make more !!! i totally spend too much on food too lol
She is not taking advantage of her living situation. If I had a budget of 2,118 it would be $350 for utilities at parents, $700/month for debt, $500/month in savings and $500/month to spend. Poor money habits!
more of this series please! so useful to me as a soon-to-be young professional, would love to see all ranges of income
She needs to watch Dave Ramsey. Why are you leaving those student loans like that?
Abisola Salisu could be biding her time for forgiveness programs..risky and will wreck your credit..but there are plenty of folks taking that approach
she wants to die w em hahaha
When I’m actually providing for myself rather than having fast food often (fast food is actually pretty expensive) I’ll save and take myself to a nice dinner sometimes which will not only save money but force me to be a well rounded cook and make eating out a fun reward.
somebody needs to get her priorities straight. I'm not a saint but Starbucks? fast food? uber? eating out when you have so much debt? 🤐🤐 She should advise herself
Starbucks is outrageous. For one it tastes like dirt but we're not here to talk about that. She could easily buy a French Press and some Starbucks coffee beans and make her own for the cost of 3 of them. Unless she's being bougie and getting the frilly drinks then I can't help her.
@@habituallinestepper2883 that's exactly why I think people say they don't have time to make coffee. They just want their foo foo drinks. I used to buy coffee everyday and have since bought a coffeemaker that programs to brew in the morning. When I do buy coffee, I see it as a treat for myself.
These videos are so eye opening thank you so much. Shopping and eating out are the same no matter what price point but it also make me feel less guilty and selfish for spending on myself.
Its important to have a healthy relationship with money.. I also make 40k and share my budget on yt. Hope you'd subscribe. Trying to reach 100 subs for a giveaway. Stop by my channel and let me know what you think.ruclips.net/video/9BtIlfqPalg/видео.html
I bet this girl is enjoying her life unlike all the financial advisors in these comments telling her to stop going out for drinks and food lol how boring
Theres having fun and theres being dumb.
She'll be in debt and borderline poor her entire life. She won't get any further in life with those expenses lol ridiculous. Getting a degree for that...
This is definitely a more relateable bank statement, but what I loved about her was how supportive she was of her friends.
Keep these coming please! :)
I love these videos! So illuminating
Wait a sec, at age 19 I was making $17K a year, and still had $3500 in a personal savings, also without paying rent and constantly taking Uber. How is it that she only pays $91 towards her loans and $25 towards her savings account???
I love how their talking is sped up sometimes. It makes for better flow
Wouldnt it make sense to use the 1,000+ to pay the debt or save?
Would love to see more videos like this. Watching someone else break down their spending habits helps me see how I could better manage my own finances
I love these
Love these kinds of videos!!!!
she's been out of school for 4 years ... 60k in school loans. Dave ramsey would be pissed. lol
“Big into astrology.” Lol ‘nuff said. Great series. More of these please!!!
career adviser still living with her parents lol
Her money management is embarrassing. However, I appreciate her honesty. That was eye opening.
3:48 I'm in debt but gottah buy that macbook!!!
I love this series!! Please continue this!
when you use half your salary on eating out and uber, theres definitely something wrong.
Please do more of these! Very realistic and educational.
We need to see how men spend their salary
They broke!!!
@@Tomipeace13 She’s not?
These videos are amazing and such a unique idea! Keep them coming, Glamour!
Graham Stephan
“Oh my gosh I should stop eating.”
Same girl. Same.
nyc is easy to spend all money fast HAHAH
Please make this a regular series! I love these so much!