So Money - Episode 203

Ask Farnoosh

Farnoosh Torabi

In today’s episode of Ask Farnoosh, I answer your biggest questions about, how non-US citizens can invest in the US, how much to start investing, moving back in with parents to save money, budgeting your savings and budgeting for NYC living.

Below, the chart I often use to explain spending thresholds for each major category.

Housing 30% (NYC: 35%)

Debt 20%

Transportation 15% (NYC: 5%)

Personal Savings 10%

Retirement 10%

Groceries 10%

Entertainment/Dining Out 5% (NYC: 10%)

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