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Rate this biglaw budget
Posted: Sat Sep 08, 2012 4:43 pm
by c3pO4
In SF/SV:
1300/month for rent (splitting a 2br)
450/month for prius
2500/month for loans (have 200k total)
700/month for bills/sundayticket/mobile/etc
1k/month for entertainment / food/ travel
3k/month savings
= 9k/month after taxes monthly paycheck
ETA: 3K on savings only 1K on ent/food/travel
Re: Rate this biglaw budget
Posted: Sat Sep 08, 2012 4:50 pm
by Swimp
$2k/mo for entertainment and food seems awfully high, and I live in Manhattan.
Re: Rate this biglaw budget
Posted: Sat Sep 08, 2012 4:51 pm
by thewheel12
Pull 1k from food/ent/travel and dump it in your savings.
Re: Rate this biglaw budget
Posted: Sat Sep 08, 2012 5:01 pm
by sunynp
Why does no one ever budget for clothes? Unless you have a complete wardrobe, you are going to have to build up some outfits.
I would try for 3000 on loans and 2500 on saving. After you get a little best egg, I would dump more into loans unless you have some compelling reason not to.
Re: Rate this biglaw budget
Posted: Sat Sep 08, 2012 5:06 pm
by presh
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Re: Rate this biglaw budget
Posted: Sat Sep 08, 2012 5:12 pm
by c3pO4
sunynp wrote:Why does no one ever budget for clothes? Unless you have a complete wardrobe, you are going to have to build up some outfits.
I would try for 3000 on loans and 2500 on saving. After you get a little best egg, I would dump more into loans unless you have some compelling reason not to.
spent about 3k on clothes at the outlets for SA, have enough to last first year no problem