I don’t actually know for sure. I live with my parents and have no expenses. I used a monthly expense calculator and input what I expected things to be likely to cost but I redid the numbers now, and it seems to come out to more like $1600
$1600 in targeted income, not expenses. The expense calculator adds up the numbers and multiplies it by 1.3 to spit out an income target. The expenses come out to $1300, (including a hypothetical car I’m seriously considering not getting) and they’re padded a bit to be on the safe side.
That was awful. Upvoted for that alone :)
I don’t actually know for sure. I live with my parents and have no expenses. I used a monthly expense calculator and input what I expected things to be likely to cost but I redid the numbers now, and it seems to come out to more like $1600
I must be an outlier then. My rent is 550 including utilities, giving a total expense of ~700. Are you in the city?
$1600 in targeted income, not expenses. The expense calculator adds up the numbers and multiplies it by 1.3 to spit out an income target. The expenses come out to $1300, (including a hypothetical car I’m seriously considering not getting) and they’re padded a bit to be on the safe side.