It’s Per$onal is an anonymous blog series designed to shed light on the intricate details of the personal finances and lifestyles of women.
Name:
Torian
How old are you?
22
Where do you live? City and State (or Country if outside the U.S.)
Birmingham, Alabama
What is your highest level of education?
Bachelor’s
Are you single or married?
Single
If you are married, do you and your spouse have joint or separate finances?
N/A
Do you have any children or dependents? If yes, please explain.
No
What is your total monthly rent / mortgage for your household?
1100
Has Covid-19 impacted you financially in any way?
No, it actually helped me meet some of my financial goals because I got hired full-time.
What is your current occupation? If not currently employed, please say “Not Employed”
Community Development Analyst for a Financial Institution
What is your yearly salary (or approximate yearly compensation) for your current occupation?
$42,500
If you are currently employed, do you like your job? Why or why not?
I love my job because I am able to do an array of tasks- research analysis, community outreach,, internal communication development
Do you have a second job or side hustle? If Yes, please explain.
No
If you have a second job or side hustle, about how much money do you make monthly from your second job / side hustle?
Do you budget on a consistent basis? If so, please explain how you currently budget:
I’m currently trying to get into a budgeting routine, but in the midst of that I am very conscious of how I spend money.
Are you debt-free?
No
If you are debt free, how much debt have you paid off and how long did it take you to pay it all off?
Do you have any student loan debt currently?
Yes
If yes, about how much student loan debt do you have?
$26,000 and I’m currently pursuing my Master’s so that is increasing.
What is your monthly student loan payment amount?
0
Do you have any credit card debt?
Yes
If Yes, about how much credit card debt do you have currently?
$350
Do you have any other kinds of debt? If Yes, please explain:
No
Do you know what your credit score is?
Yes
If Yes, what is your credit score?
706
Are you currently saving for retirement?
Yes
If yes, about how much do you have saved for retirement?
$12,000
What does an ideal retirement look like for you?
Traveling with family and volunteering in my community
What’s your biggest purchase of 2020?
IPad
Biggest purchase of your life?
MacBook Air
What do you spend money on that brings you joy?
I love to spend time with friends and that usually involves dinner and I usually pay. Canfles and office supplies are my weakness
What are your short term money goals, if any? ( < 1 year)
Pay off my credit card. Establish an Emergency Fund. Start investing.
What are your long term money goals, if any? ( > 1 year)
Save $25,000 before I’m 25 to have a significant down payment to buy a house and possibly a new car.
What is your #1 financial concern right now?
I am worried that I am not taking the necessary steps to be financially satisfied in retirement.
What financial victory/success are you most proud of?
Was able to move away from my hometown without any financial assistance from my parents.
Anything we didn’t ask about you that you want to include?
No
