u/strawberrypeachsoju

▲ 61 r/Money

I feel like I’m saving too much

Hello everyone, I am 24f living in NOVA. I currently make around 80k at my 9-5 job and I have a weekend job working 15-20 hours a week for $16 an hour. (Cafe Job) My saving goal is to save 4k a month. I have a car that is fully paid off.

\*\*After Tax Income:\*\*

Main Job: $5000

Weekend Job: $800

Side Work: $200

Total: $6000

\*\*Expenses:\*\*

House: $450 (Living with my bf who owns a townhouse. Paying him rent)

Mom allowance: $700 (Lives in a different country needs help after divorce)

Car Insurance: $195

Gas: $150

Food: $300

Misc: $205

Total: $2000

Savings: $4000 per month (I do 5% match to my 401k and have not included that in my savings)

I know this is a great savings amount and I am so so lucky I have a cheap rent at my bfs. However, I feel like at my age I am too money conscious and these days I am thinking about quitting my weekend job. I used to pay my mom a lot more but decided to be more stricter about how much I am sending her since she should at least get a part time job supporting herself. She is still very young and I don't want her to rely on me too much.

Is anyone frugal and super money conscious at this age? Should I enjoy myself a bit more? Should I go out and shop more? I am half lost because I don't know what I really want. Saving money is right since it is the right thing to do but I am not sure if this is right for me. I know that everyone is different, but I need some kind of insight/experience from the older folks.

reddit.com
u/strawberrypeachsoju — 10 days ago
▲ 53 r/budget

I feel like I am saving too much

Hello everyone, I am 24f living in NOVA. I currently make around 80k at my 9-5 job and I have a weekend job working 15-20 hours a week for $16 an hour. (Cafe Job) My saving goal is to save 4k a month. I have a car that is fully paid off.

**After Tax Income:**

Main Job: $5000

Weekend Job: $800

Side Work: $200

Total: $6000

**Expenses:**

House: $450 (Living with my bf who owns a townhouse. Paying him rent)

Mom allowance: $700 (Lives in a different country needs help after divorce)

Car Insurance: $195

Gas: $150

Food: $300

Misc: $205

Total: $2000

Savings each month: $4000 (I do 5% match to my 401k and have not included that in my savings)

I know this is a great savings amount and I am so so lucky I have a cheap rent at my bfs. However, I feel like at my age I am too money conscious and these days I am thinking about quitting my weekend job. I used to pay my mom a lot more but decided to be more stricter about how much I am sending her since she should at least get a part time job supporting herself. She is still very young and I don't want her to rely on me too much.

Is anyone frugal and super money conscious at this age? Should I enjoy myself a bit more? Should I go out and shop more? I am half lost because I don't know what I really want. Saving money is right since it is the right thing to do but I am not sure if this is right for me. I know that everyone is different, but I need some kind of insight/experience from the older folks.

reddit.com
u/strawberrypeachsoju — 10 days ago