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A Week In Springfield, MA, On A $54,000 Salary – Refinery29

Occupation: TeacherIndustry: Education Age: 26Location: Springfield, MASalary: $54,000Net Worth: ~$47,000 (I have $47,000 between my checking and savings account, $1,076 in a CD at Chase that I started in high school, and a little over…….

Occupation: Teacher
Industry: Education
Age: 26
Location: Springfield, MA
Salary: $54,000
Net Worth: ~$47,000 (I have $47,000 between my checking and savings account, $1,076 in a CD at Chase that I started in high school, and a little over $10,000 in a Roth IRA account from Fidelity, minus debt. My fiancé and I just got engaged, so no shared accounts yet, but we will probably make a joint account once we are married. We use Venmo a lot to share expenses.)
Debt: $11,000 car loan
Paycheck Amount (2x/month): $1,411
Pronouns: She/her

Monthly Expenses
Rent: $700, which includes utilities (We pay $2,100 split three ways to live in the house my fiancĂ©, B., bought last year. Third roommate is B.’s brother.)
Car Payment: $265
Savings: $500
Cell Phone: Still on the family plan for my phone (Thanks mom!)
Health Insurance: $85.95 (pre-tax)
Dental Insurance: $3.86 (pre-tax)
Union Dues: $42 (pre-tax)
Retirement: $226.33 (pre-tax)

Source: https://www.refinery29.com/en-us/teacher-springfield-ma-salary-money-diary

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