Day: May 19, 2020

A Week In Washington, DC, On A $72,000 Salary

Welcome to Money Diaries, where we’re tackling what might be the last taboo facing modern working women: money. We’re asking women how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar.

This week an Analyst working in Government Consulting who makes $72,000 per year and spends some of her money this week on moisturizer.

Occupation: Analyst
Industry: Government Consulting
Age: 24
Location: Washington, DC
Salary: $72,000
Net Worth: Negative net worth as my student loans are greater than my savings. That said, for savings I have: $6,000 in my high-yield savings account, $3,004 in my 401k (I contribute 6% of every paycheck, which is the maximum that my company matches (25% match)). I plan to up to 7% after this promotion cycle. I wasn’t great at saving my first year on the job and am actively trying to save more now.… Read More