Industry: Tech
Age: 24
Location: New York, NY
Salary: $270,000
Net Worth: $282,500 ($10,000 in checking, $10,000 in HYSA, $20,000 in I-bonds, $25,000 in taxable brokerage, $100,000 in treasury bills, $95,000 in my 401(k), $10,000 in my HSA, $12,500 in Roth IRA).
Debt: $0 (I pay my credit cards off in full every month).
Paycheck Amount (2x/month): $4,346 (after tax/deductions).
Pronouns: She/her
Monthly Expenses
Rent: $2,300 for my share of a one-bed that I share with my boyfriend. We have separate finances otherwise.
Cell phone: $25
Internet: $35
Utilities: $65
Subscriptions: I get these for free either through my credit card or my internet package.
Commuter Benefits: $80 (pre-tax).
Annual Expenses
Renters Insurance: $120
Amex Platinum: $695
401(k): $22,500 (I front-load it every year using my bonus and my first few months of paychecks. This year, I also started contributing to an after-tax 401(k). I basically live off savings for part of the year while I max out my retirement accounts).
HSA: $3,850 (I also front-load it using my first few paychecks).
Alice J. Roden started working for Trending Insurance News at the end of 2021. Alice grew up in Salt Lake City, UT. A writer with a vast insurance industry background Alice has help with several of the biggest insurance companies. Before joining Trending Insurance News, Alice briefly worked as a freelance journalist for several radio stations. She covers home, renters and other property insurance stories.