🔺 r/personalfinanceumelodramagirl·76 days ago
My budget is just...working. What's the catch?
So I'm a year out of college, 23F. I have 4-digit student debt due to good financial aid, I have a decent entry-level job in my field, and I got pretty lucky with rent ~$200 below market for a 1 bed. I'm in a MCOL midsized city in the US. But it feels like in this economy I should be doing.....not so well. A few of my peers wait tables on the side and most of them have roommates/live with partners. So I'm waiting for the other shoe to drop. What am I not spending money on that's going to ruin my life? The deal I'm getting with my crappy corporate-ish job has to be too good to be true. Something has to be going wrong. Here's the rough budget/I've mostly fallen into a routine so I 'naturally' spend this much: Gross income: ~$50k yearly Net Income: $2600-$2800 monthly depending on overtime. I treat my 2 extra biweekly paychecks as fun bonuses + indulgences that mostly go into savings. Spending: $1400 rent and utilities $120 gas + insurance, routine maintenance sometimes included ~$400 food, mostly grocery, max 2 meals out a week $110 student loans. I should be paid off in ~6 years but I plan on making a few extra payments. $50 misc subscriptions (spotify, some cloud storage, gym, etc.…