JENNIFER
Age
Early 30s
Occupation
Associate manager
Industry/Education level
Public Relations/Master’s Degree
Monthly salary
$6,000-$7,000
MONTHLY EXPENSES
Rent/Utilities & Internet
$1,000
Insurance
$4,300 a year for life, critical illness and hospitalisation plans
Investments
$200 in ETFs through robo-advisor Stashaway
Phone Bill
N.A. (it’s covered by her company)
Subscriptions
$450 for The New York Times, Spotify, Netflix, Adobe, and gym memberships. She shares Disney+ and Amazon Prime services with friends
Transport, Food & Groceries
$650-$800
Entertainment
Anywhere from $0 to $50
Savings
About $3,000 per month
I remember learning in school how it was important to save money. My parents would say the same, but the need for it only sank in when I started thinking about buying my first property a few years ago. On the cusp of turning 30, I started thinking about the mainstream milestones that I had yet to achieve.
Owning a property was it for me. More recently, rental prices have been on the rise – spiking 30-50
