Advice for summer intern savings
Hi everyone,
I hope you're doing well. I wanted to reach out because I'll be interning at a Japanese bank this summer and it's going to be my highest paying job yet. I want to use this opportunity to pay off some of my credit card debt (3k) and save the rest for either moving out full-time or as a backup and hopefully not having to work minimum wage 20hrs a week(i will still be working) in my last year. However, with the recent NY analyst broke thread, I'm worried that I won't be able to save much.
So, I was hoping to get some advice from you all. What did you do to save money and what were some of your tricks? I have a good housing arrangement that is cheap, but I'm trying to figure out how to save on food expenses. I don't know if I can cook every day, but I'm willing to learn. Do you have any advice on what to do, such as buying groceries or looking for $10 meals? I've seen a lot of food places that offer that and some even have free food giveaways at the end of the day.
-Broke college student
Same spot as you, here's my tentative budget.
Assumptions: budgeting for 0 OT & 0 expensed meals
4 week snapshot aka "monthly"
+ PT Income $5,454 = Prorated using ETR 65.7% and 50% on stipend
- Rent (2,400) = Prorated weekly*4
- Food (800) = 200/week
- MTA (127) = 30 day unlimited metro card
- Misc (900) = yep
= Leftover $1,607
Anyone know if these figures are reasonable for an SA? Do people bring in food for lunch or does everyone walk to sweetgreen together?
edit: finalized my rent and it came out to ~2400 instead of the previous 2000 :( At least its good location
I have the same breakdown, i have another 200 for going out experiencing nyc, hoping it comes out of OT and am gonna use whatver is leftover from the 2k signing bonus for cloths and a okay suitsupply suite(around 550bucks).
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