I try not to compare to others but I don't really talk to people around my age about finances.
I just turned 27 and I am trying to manage my finances in the best way possible.
I live in Los Angeles, and I wish I was able to have spent less on rent over the last few years as that ate up a lot of money.
However, I have about $26,000 invested in an IRA, and $65,0000 in a savings account.
I have no debt other than about $9,000 outstanding on my car.
I work for a family business which I started working for about 3 years ago after I also worked for 1 year in sales. I get a lot of shit about because “I took an easy way out” working for family which I try to ignore because I work hard, I add a lot of value, and I building good connections. I recognize the privilege in this.
I have been considering going to grad school but I hate debt and am trying to avoid it if possible.
I want to be able to be a homeowner somebody but thinking about purchasing a home in Los Angeles make me want to keel over. I constantly have a fear I am going to run out of money or end up homeless.
I have friends who constantly joke that they are broke but no one really talks about money and I'm not sure what is “normal.”
No kids, not married, not living with a partner, etc.
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