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%)
Transportation 15% (NYC: 5%)
Personal Savings 10%
Entertainment/Dining Out 5% (NYC: 10%)