Having just started out as a student lawyer, my pay is significantly less than what it will be once I am licensed. However, I am fortunate enough to be able to live rent free at my mom's house until I'm licensed, so that's allowing me to save much more than I would otherwise be able to.
So, here is what I anticipate spending over the course of the next few months as I transition from student to full fledged lawyer. Figures are based on my actual after-tax pay, which is $1260 bi-weekly.
I think the amount I'm currently saving is decent, but I'd like to do better. I'm always looking for ways to save more, and would welcome any suggestions.
So, here is what I anticipate spending over the course of the next few months as I transition from student to full fledged lawyer. Figures are based on my actual after-tax pay, which is $1260 bi-weekly.
I think the amount I'm currently saving is decent, but I'd like to do better. I'm always looking for ways to save more, and would welcome any suggestions.
| Jan. - Apr. (2012) | Estimated |
| Monthly Expenses | |
| Car Insurance | $123.00 |
| Car Maintenance/tire installation | $40.00 |
| Gas | $300.00 |
| Health, Fitness, Prescriptions | $86.00 |
| Cell phone | $56.50 |
| Groceries and eating out | $100.00 |
| clothing and personal care | $55.00 |
| Restaurants and Entertainment | $80.00 |
| OSAP | $220.00 |
| LOC payments | $140.00 |
| Downpayment savings | $1,300.00 |
| Gifts and Donations | $10.00 |
| miscellaneous | $10.00 |
| Total | $2,520.50 |
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