What I Spend In A Year As A 23 Year Old | Living on $60k | spending & investing for FIRE

Описание: #2020financialreview #whatispend #financialindependence

Hi Friends! In this video, I do a breakdown and overview of my total spending for 2020. With this, I also reveal my gross and net-income for the year, as well as calculate my spending as a percentage of my income. SPOILER: I reveal that I spent less than $10k for the entire year, excluding debt payments and investment contributions.

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My Situation/Context: If you are new to my channel, I'm a 23-year-old woman living at home for pretty cheap ($400/m) while working full time. I recently paid off $28k in student loans and have focused the last half of 2020 on investing and building a strong foundation for F.I.

🔘 First video of mine? Check out my budget with me video playlist:    • YNAB Bi-Weekly Budget With Me | 2020-2021  

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🔘 Check out my How to Use YNAB playlist for some highlights on my favorite features:    • How To Budget and Use YNAB  

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🔘 Upcoming videos (Subscribe to stay up to date!)
◾️ January BWM #2 (next Friday)
◾️ All about Wish Farms (late Jan)
◾️ Jan 2021 Review/Net-Worth Update (Feb 2nd)

Timestamps:
0:00 - intro
0:18 - quick about me
0:37 - 2020 income breakdown
2:26 - how I use ynab for spending data
3:12 - overview of spending data
4:13 - net income 2019 v 2020
4:55 - bills/basic living expenses
5:43 - subscriptions
6:10 - monthly varied expenses
7:02 - giving & gifts spending
7:47 - % of net income vs % of spending
8:37 - sinking funds spending
9:47 - debt repayment/student loans
10:42 - cost to work :/
11:22 - no speeding tickets for me this year :) 👍🏻
11:35 - investing $$ in 2020
12:34 - total spending summary & net savings
13:25 - spending not including debt or investing
14:05 - "I spent less than $10k in 2020 & 2019"
15:00 - addressing the elephant in the room
15:53 - total yearly investing contributions
16:23 - ynab income breakdown graph
17:22 - 2020 net-worth growth
17:50 - outro