Hey everyone,
I will be graduating from my college in June and got my first job. I will be making 119k in base n around 10k in RSUs. I also got a 10k sign on (6k + 4K) and 7.5k in relocation. Here are my estimated expenses right now:
Rent: 1100
Car + insurance + gas: 1000
Groceries: 400
Utilities: 300
Land debt payment (parents): 1000
I am planning to put 6% of my pay into 401k and the employer matches 50% of it. What should I do the rest of my money? I will take home around 6600/month and will have 2800 left over. I plan to save/invest most of it but keep some for fun money. Another thing is, is there a way reduce the car expenses, the main issue is insurance seems to be around 380 a month, since I will basically get the license in June/July. I will be in Austin, TX for a better idea.