'I went from making $12,000 to $650,000—in 4 years': How this 27-year-old former Wall Street trader saves 85% of her income. (via CNBCMakeIt)
Now, as a 27-year-old entrepreneur and host of the streaming seriesI'm taking what I learned to help young people have intimate conversations about how to make smart financial decisions.save money
So even though I went from making $12,000 to $650,000, I am very clear about my wants versus my needs and still stick to the 85% savings plan.I pay my rent for the entire year up-front. This way, if I run into an unexpected situation that affects my finances, I know I'm covered and don't have to stress about my housing expense.
This lets all of us watch our favorite shows without having to hook up a cable box, and is such an easy way to get access to multiple streaming services while saving hundreds of dollars a year.Gym memberships can be great, but also very costly. In New York, it can set you back by up to $3,260 per year.
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