Mamamia’s What My Salary Gets Me asks Australians to record a week in their financial lives. Kind of like a sex diary but with money. So not like a sex diary at all. In this series, we discover what women are really spending their hard-earned cash on, and nothing is too outrageous or too sacred. This week, a 25-year-old marketing executive shares her weekly money diary.
Age: 25.
Job: Marketing Executive.
Salary: $90,000.
Housing: Living with parents.
Monthly expenses:
Rent: $1000 (to parents to support some of the mortgage and general household costs).
Gym: $75.
Therapy: $162.
Spotify: $3.17.
Phone bill: $232 a year on prepaid Boost.
Savings: $77,000.
Investments: Around $2,000 in ETFs, managed funds and bit of crypto.
Assets: Off the plan townhouse purchased for $545,000, which is getting completed in 2024.
My salary is automated into four buckets to control expenses and savings:
Savings: $2,700 (emergency + settlement + partner shared).
Investments: $940.
Fun money: $906 (big fun + small fun).
Fixed outgoings: $1,100.
Watch: Four money hacks that don't cut out your daily cup of coffee. Post continues after video.