It’s Per$onal #66 – Age 22, Birmingham, Alabama

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.

its personal

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?

 

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

 

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.

 

it's per$onal

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2 Responses

  1. Love the overall layout of the site, Taylor. Also, these recent blog posts are interesting to see some of the current status and issues our generation is going through, financially.

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About Taylor

About Taylor

A few years after graduating college, Taylor made it her mission to become debt free. After paying off all $60k of debt, she began to blog about what she's really passionate about: personal development. Nowadays, Taylor blogs about the topics of Mindset, Money, Health, and Career for women.