- Start budgeting beginning my first paycheck out of college.
- Avoid lifestyle creep aka the more I make the more I spend.
- Stay aware of where my money is going.
- Track spending and reconcile every payday to ensure I’m accurate.
- Invest in retirement.
- Invest in my brain.
- Have fun.
Below details how I allocate paycheck spend:
What changed: Promotion
What changed: Increase in car insurance, increase in cell phone bill
What changed: I bought a car
What changed: See post 79th Paycheck
What changed: Salary increase, add 401k contribution, add auto insurance, entertainment increase, increased rent, increase Roth contribution
What changed: Rent increase, entertainment increase, avg. paycheck correction
What changed: Add cell phone, savings increase
What changed: Entertainment increase, savings increase