Welcome toMoney Diaries , where we’re tackling what might be the last taboo facing modern working women: money. We’re asking millennials how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar.
Today: a financial software sales executive working in Saas sales who makes $95,000 per year and spends some of her paycheck this week on melatonin.
Occupation: Financial Software Sales Executive
Industry: Software Sales
Location: New York
Paycheck Amount (2x/month): $2,256
Rent: $1,350. (My boyfriend owns the two-bedroom apartment we live in and I pay him much less than market value.)
Student Loan Payment: $120, from my Master’s degree in finance. (I have about $8,000 left to pay off.)
Phone Bill: $110
Gym Membership: $60
Yoga Studio Membership: $99
Health Insurance: $215
Roth IRA: $600
GMAT Study Prep: $99
Metro Card: $121, with my flexible spending card.
Psychiatrist Sessions: $200, not covered by insurance.
5 a.m. — It’s Monday and my alarm goes off. I wake up this early to get in some GMAT studying before work – I’m on the waitlist at my top choice school and am retaking the exam so that I can hopefully make it off the waitlist. Out of the four schools I applied to, I was accepted to one and waitlisted at three. I enjoy getting up early and starting my day productively, but I am looking forward to getting this test over soon – finally, a light at the end of this 14-month tunnel! I chug a glass of warm water with lemon (like I do every morning), but it doesn’t go down well for some reason. I eat two eggs with Sriracha for an energy boost.
8 a.m. — Wrap up studying and put on The New York Times’s The Daily podcast and then NPR’s Up First. No time to linger since I need to be in the office before 9 today to prep for the weekly sales meeting. I brush my teeth and wash my face before getting dressed. I bring my boyfriend his breakfast of peanut butter, Nutella, and sliced bananas on potato bread. I make a point to make him a sandwich in the morning because his Mondays are packed with meetings and he doesn’t have time to sneak in a bite at the office. I pack up the grilled chicken ranch wraps I meal prepped yesterday, kiss him goodbye, and head downtown to my office. During my commute, I put on …read more