More diversity in terms of people, occupation, boroughs, income, bank account balance...This is representative of a small population of residents. Nice profile
Key points are: 1. ROCKING the MetroCard 2. Not drinking alcohol excessively in NYC bars 3. She doesn't seem to be addicted to High Fashion 4. No high student loan payment 5. Overall GREAT ATTITUDE
Taylor Mailer dancing isn't her job, it's a hobby she's passionate about. Serving is her job. So she should've splurged by buying a pair of Sketcher shape ups instead... in my humble opinion.
@@desmond2640 yeah i never realized that till ur comment lol. shes trying to live her dream so i guess thats a price u gotta pay. if it doesnt work out she could always teach dancing or something i guess
@@Tomipeace13 I'm 24 and I have no debt. I just paid off my last $1,000 to college and I just got my 1st credit card. So I'm going to make a big move because I have nothing to lose.
Ha! I went to New York for the first time 5 years ago and I've been trying to remember the great Italian restaurant my fiance and I had dinner. THIS WAS THE PLACE! THANK YOU CNBC!!! 5 years of searching! Now I can finally go back there this summer! Oh and thank you Fallon for making the video. I'll be sure to tip well if I see you!
It is but she can also just keep working past 67, most people are able bodied and many choose to work just to have something to do all day anyways. There's nothing saying you can't work past 67
zed625 The problem is that nobody can guarantee that they won’t have health problems that make working into their 70s very difficult or impossible. Plus many employers don’t want elderly employees (even if the person is actually still capable of doing the job well). So although plenty of people happily work after the usual retirement age, it’s a very bad idea to rely on that if you have the potential to start saving.
tbh id rather have roomates making good money in the city as opposed to making nothing in the middle of no where. you can be smart as long as you keep your rent cheap.
@@dantan1249 you don't have to live in the middle of nowhere to have an place to yourself to live while making good money. Cleveland, Columbus, Pittsburgh, Indianapolis, Nashville and other cities of that size provides affordable places to live on your own. It's one thing to have roommates when you are in your twenties, but in your thirties with roommates is a little much for most people.
I live in NYC on 64,000 and there no way you can do it on your own. If you have school loans, rent etc. I have a roommate but if I didn’t there’s no way I’d make ends meat on this salary. I did the math and it equaled no social life. Lol NYC isn’t easy.
Val Andry It seems as if SHE is happy. Are her choices impacting you in any way? I have never lived with a roommate BUT I respect the decision of others to do what makes THEM happy as long as they are not hurting others.
@@denisenoles3159 Who said her living with someone was her choice, lol. You can respect whatever you please.....this is called a comment section. So i can comment on a public video and express my opinion. You seem a bit uptight though 😏
@@rodikmik3861 Are you a woman who has hit menopause (I'm assuming that's what you meant to write)? If not, how do you know? Also not every woman experiences the same thing once they hit menopause, sweeping statements like that especially coming from a man are just inaccurate
There’s lots cities servers can make 50/60 k. You have to serve in states with no server wage. I was paid $3.15 an hour in Indiana. VS $9.75 in Alaska. This provides incentive for managers to have as little serving staff as possible - whereas in Indiana, my checks were $0.00, so the management would over staff, why not? Consequently, no one makes any real money.
@@marcelrodriguez2067 Thats BS. Minimum wage is $15/hr in NYC so working 40hrs a week would net you much more. Either way, you should get a side gig or open up a service business for side money.
She's a very positive woman. Good luck to her. Here in San Francisco, an income of $75K or less is considered poverty level. $200K is considered middleclass. It's crazy.
lessemo it also depends on if you have a family, where you’re staying in the Bay Area, etc. Some people are willing to make the 2 hour trade off to commute from a cheaper suburb and some aren’t. I wouldn’t say a single person making 75k a year is poverty, but with a family that’s a tight budget for that area.
Thats not true, just like in NY you can prob live in a crappy 3 bedroom 1 bathroom with roomates and live ok with 65k as long as you dont have lavish lifestyle and no car and your job pays insurance.
Andrew Mahdi or one bad injury, I’ve seen it many times. Just look at pro athletes. They think the money will last forever, but eventually their body breaks down. If she would have put 2k each year in a Roth IRA and some good stocks or index funds starting at 18 she would have been able to retire in her 40’s. I retired at 49, I take little part time jobs when I get bored and travel. I loved martial arts and Brazilian Jiu Jitsu but my body feels pain now that I’m a little older. She definitely should start now but that few years of compounding makes a huge difference.
My mother was a full time waitress for over 15 years and made really good tips everyday BUT then a reality check hit her as she got older. She went back to school part time and became a nurse which gave her a better income, benefits and a retirement plan. I can tell you from experience that old age speeds up as time goes on.
Waitressing is good money when you are young. It is very tiresome and demanding to your body. You are better off waitressing while going to school and then get a degree and move on. It may take you a few years to get to the same income but in the long run it will pay off... happy for her but I wish she had a bigger goal to make more money instead of having to keep her spending like this or lower it. Which means lower her quality of life. Btw I was in NY for the covid crisis y for in the healthcare and it was miserable.
This woman doesn't have a sustainable career. She's living her passion for now and it's fine to get it out of the system. But later what's going to happen no career equals to poverty.
@@IndependentView7 she can start putting some money aside for her 401K or even better just open a Roth IRA account and contribute a couple of $20s every week or month, that money should multiply well by the time she is ready to retire as she is still young. She can work there for many years to come, why not. The problem with is young ppl is the lack of financial education and thinking investing is hard when it is NOT. 1. Open a Roth IRA account (Call your bank, Vanguard or whatever instruction) 2. Put a $100 bucks into a Robinhood account and learn how to invest or trade. 3. Open an HSA Follow that and she'll be better prepared.
@@MichaelP-ke1tm Any IRA will work. I like Roth IRA because of the tax-free and penalty-free withdrawal of earnings. A Traditional IRA does allow individuals to make tax-deductible contributions into the account, which is great. But distributions are tax as ordinary income and if taken before age 59, may be subject to a tax penalty. Basically, you have to figure out which option will work better for you and your retirement plan.
She is literally living with 2 roommates and almost living paycheck to paycheck. Seems to me $60k is basically minimum to just survive with no family and no retirement plan.
Can afford $150/month on iphone though. Weird because most expensive UNLIMITED plan from Att is $60. These guys will go broke because of bad financial management and then blame their income.
Roommates is the wrong term as she's not sharing a bedroom, flatmates would be more accurate. I would recommend having flatmates to most singles even if they can afford their own place, there are so many better uses for money than rent.
Mary T But shes is in ameirca the word is interchangeable, check dictionaries "In the UK, the term "roommate" means a person living in the same bedroom, whereas in the United States and Canada, "roommate" and "housemate" are used interchangeably regardless whether a bedroom is shared."
in a busy restaurant in Manhattan it is normal to get $200-$400 in tips a night. Bartenders make even more. Those jobs are very hard to get by the way. Note that her base pay from the restaurant company = zero.
At NYC prices that's nothing. Also you get your income taxed three times if you live within NYC. If you are a Millennial IDC how much you like the city DONT MOVE THERE
She’s so happy and content with life. You can’t help but love her for following her dreams and just doing whatever the f she wants to make her happy :) you go girl!
Tuan X Music you can rent a one bedroom for 1650 in NYC? In Toronto you’d be lucky to find a one bedroom for under $2k and even then there’d be hundreds of people applying for it.
Okay! When I saw $200/mo for groceries in her budget, I was like, "No fucking way it's that little." Then she said she gets $300/mo in free food from work, it made way more sense.
I make about $60k/year in electrical engineering living in Chicago. $60k/year from waitressing? At least she’s enjoying it while the ride lasts. With such a high turnover rate field, the day the restaurant doesn’t need her anymore is the day she’ll find out she gained no transferable skills except for other waitressing jobs which I’m sure won’t pay close to $30k.
Her passion and enthusiasm are inspiring! She can probably switch to teaching dancing later on and work that as a full-time job. Best of luck to you, Fallon!
60k is most definitely enough for a single person to live comfortably in NYC esp if they're not swimming in some type of large debt (ex: student loans, credit cards).
She is absolutely right. Serving or dancing, we should make the decision. Don't let others to come and tell you how you should live your life and how much we should earn.
As a former New Yorker, it is hard for me to believe that her rent is less than $1000 a months from the looks of the apartment building unless someone is subletting it.
@@TheSangiovani don't listen to him. Everyone has different preferences. I enjoy the options the city I work in has. If the rent wasn't so expensive (and rats), I would move there immediately. But someone who hates noise and neighbors wouldn't like it. It depends what you like
Being poor in a city and having to have housemates is alright when you're in your 20s. As I got older it wasn't worth it. Nyc is fun, but living there and having to work isn't. Better to just visit on holiday for me.
Good for her! First video of this series that seems genuine and realistic. She's making a difficult city work for her while doing what she loves and being responsible. Serving is incredibly hard work. Respect.
Did anyone else cringe when she said “I have 30 years to get a retirement fund” ... no you don’t. By then you’ll NEED the FUNDS from that fund. You need a retirement fund now because that money needs to accrue and you’ll want the interest from that original investment. 🙁
The problem with this is that I see so many companies offer jobs that require you to have a B.A. and maybe even a Masters degree then wanting to pay like $40,000 while working in NYC. This isn't a story, just aimed at making Millenials look like whining babies after being offered "good jobs". Well, I don't know what the requirements are for her to be a waiter wherever that is, but I don't think most waitressing jobs pay $60,000/yr. It should be more like "Millennial Money-Only being offered $30,000 for having a Masters degree and 5+ years of experience to come work in our NYC office after you've interned for free for a year"...No millennial would be complaining while making $60,000 for being a waitress and then especially if let's assume that's the base salary for a job like waitressing that requires no formal education so your entry-level job working for a company/institution that requires you to have a specific educational background started off paying you at like $70,000. YEAH, MOST PEOPLE COULD LIVE COMFORTABLY!
That completely depends on what field you have a degree in. I have Computer Science degree and live in NY. All junior positions start off at $60k and go to around $85-100k after 3 years experience. I started at $67k. It's also against the law in NY to intern for free. They have to either pay you or give you college credit while you're in school. I've had 3 internships (paid and credit) while living here.
I just looked up how long professional dancing careers last. I found a couple articles stating the average age to transition into another career is 34, with some people continuing into their early 40's. Dancing is physically demanding, like other professional sports. She's 32. Do the math. Maybe something else in theater once it's time to transition. Continuing to work as a server in a restaurant would be depressing to me.
@Jonathan Ruiz I'm just saying the facts, but if she's happy that's what is important. Maybe there's a follow-up to this, since this video is from last year. I haven't been to NYC since last year, but she's in two businesses that are getting really hammered since COVID-19 (New York City shows and full-service restaurants). :(
I love that she's able to pursue her passion on the side but she needs to put aside some money for retirement ASAP. Even if its just $50 a month in an index fund. Glad to hear she's employed now during the pandemic.
like....you new yorkers are the worst kind of people....60k is twice a living wage anywhere else in teh united states..... i live off of 9k a year. im confused where ANY struggle is involved in this video.
Everyone has different ideas of what comfortable means to them. 🤷🏽♂️. She clearly felt it was worth the sacrifice and she knew exactly what she was getting into.
New York City is extremely expensive. It is not uncommon for ppl to have roommates, especially in NYC. Also she is a single women. Why pay $3k for an apt you won’t be in most of the time just to say you live alone?
Krittie In the City the short version of that answer is “because I like to shit with the door open.” The long answer is a list of 100 reasons I do t want to depend on roommates.
I thought she had a great attitude, but she's not in a great position. She's 32 with no retirement and 15k max in the bank (5k checking/10k savings). That's still less than 6 months of her expenses. Yearly she's paying almost $6k for voice and dance lessons, but she admitted that her dancing gigs barely bring in $5k per year. I respect she's got a passion, but I would think that if she hasn't made it in that field soon her age will start to show and she won't be able to perform the same. If she's okay being a 40 year old server with roommates who's still trying to cling to a dream, more power to her. But I don't think her story is one to be admired outside of actually being able to balance her income and bills.
I love how these CNBC model budget's for millennials have changed over the years. They went from "See? This 28 year old owns a home. Stop eating avocado toast and you can too!" to "Why don't you share a flat between three people? Living alone is not financially responsible!" With their last example, they said you should have the equivalent of your annual salary saved by age 30. According to their own recommendations, this woman should have over $60k in savings. It's a freaking joke.
Crazy how different it is between countries. I live in Sweden and work as a medical doctor and earn pretax 52000 USD per year. Mindboggling that I earn less than a waitress in NY.
I‘m from Switzerland and hearing someone in their 30s say „I have no retirement yet“ is so scary to me... here in Switzerland, after you turn 17, you and your employer automatically add to your pension fund (well it‘s reduced from your income), it‘s obligatory here
Move to Vegas. You'll probably make just as much here if not more with a WAY lower cost of living. Granted it's going up but still WAY cheaper than NYC, LA, etc lol
Anthony Turner very few, like all the dance shows and shows in general that need dancers lmfao. Vegas is great for dancing, nyc is too competitive as well
I sometimes miss living in a big city. There's just so much more opportunity to be creative, make money, and just live life in large cities. She'll be just fine by retirement, will probably end up running her own dance studio.
There is a dance instructor in my small town that was a rockette. She got married and moved here from NYC. Had some kids but I believe the guy took off so she raised them on her own. She just sold her studio few years ago at 92. Still looks amazing. Still dancing. I doubt this lady will ever stop dancing either. It's part of her.
How much are you willing to pay for that "ideal grownup experience"? Living alone is a luxury. There are too many people with their finances in the gutter because they needed to have "ideal grownup experiences".
This is exactly the kind of vanity trap that ends up costing people a lot of money. The REAL grown up experience is living within your means and making the compromises necessary to do that.
This is a smart way to pursue your dreams in a big city. Find a job that you don't love but pays really well, and then have a serious side hustle in your free time.
I drive taxi in NYC. I met a visiting mother yesterday who was exited to watch her daughter dancing in a theater. We were talking abt lucky people who has some passion abt some art/ athletics or something which is not just a desktop job. Everyone should follow their dream.
Chris W $10k is fine for an emergency fund. But barely a starting point for a retirement fund. Especially when you’re only saving at a rate of $150 a month. Even if she invested all of that in a retirement fund til the day she retired she’d barely make it past her 60’s before her funds ran dry.
@@chrisw9122 10k is very little for someone in their 30s... Normally people put in about 4% of their total salary into a 401k, which is about 1500 a year... Assuming she started working at 22, she should have around 15k in retirement accounts, and a few thousand in emergency tl;dr she should have about double that
It might depend on where she went to school and what her student loan payments were like. I'm in my late 20s, (also an actress) and know a LOT of people in a variety of careers worse off than her because they're still trying to chip away at their loans or have zero financial knowledge. I'm about where she is but I do have some money in my retirement account, only because my parents were insistent on me setting one up and making sure I contributed at least half the max. If she's done with loans, she should take the money she's been putting into her savings account and direct it towards retirement. Considering something like 70% of Americans couldn't weather a $400 emergency right now, it's sad, but she's actually in a better spot than most.
typical spending of $2830 a month is just under 34k a year. what happens to the other ~$10k after tax that she makes ($60k pre-tax = ~$44k after tax in NYC)? why does she end up saving only 150 bucks a month?
"Hi, I live comfortably in San Francisco making $60,000 p/y. I live in a very spacious dumpster and am able to pursue my dreams of collecting cans and doing drugs."
HOW?! special education teachers are supposed to make more than regular teachers. I make 69k a year as a new pre-k teacher in nyc but that’s with my masters
She has roommates!!! I highly doubt she could afford to live alone on $60K in New York City, NOPE!!! I was making $65K at one point, I had a one bedroom apartment across the river and I was pinching pennies! Her story is common among artists
It's entirely doable, depending on individual circumstances. What you can afford depends on income and expenses. I make a lot less, but have zero debt. That's a much different situation than someone who has student loans or car payments or credit card debt.
@@wendydarling5790 It's doable but not sustainable in NYC. I live in NY. It would be worth it if she worked for a company where she gets raises and promotions. As a waitress and dancer who is 32, she has a few years left at best to "make it big" other wise she'll be screwed. Yes she has no college debt, but she never said she has a degree. Being in you mid 30s trying to get a job with only waitressing and dance on your resume is going to be hard.
@@DoomFinger511 I live in NY too, and don't have a degree. Pursued theatre for way too long without much success and temped for years. Currently mid $40's and doing fine (with roommates). $60k would be a huge step up and I'd have no problem at all living on that. Like I said, if one has other financial obligations, it might be more challenging, but if you don't, I don't think it's hard. I have a friend who's late middle age and has been a professional server as long as I've known him. Many years. He makes great money and does performing gigs on the side. Seems perfectly happy. 🤷
@@wendydarling5790 I'm curious in what section of NY you live in and if it's rent controlled? Also the main issue with her situation is sustainability. She's making about $3k a month and has $2.8k in expenses, so she's living paycheck to paycheck. Without substantial savings and investments what happens when she gets older or the restaurant closes? Unfortunately the reality is that a man can still do well as an aging waiter or bartender but not a woman in trendy places in NYC. One day, when shes 50 or 60, too old for roommates (and they will eventually move out) what does she do for a living and rent?
@@DoomFinger511 I was merely responding to the commenter who was doubtful that one could live alone on $60k. I know that it's definitely possible. Of course, as I said, it depends on one's personal financial situation. YMMV.
What do you like from Starbucks? I’m an americano fan. I ended up buying an espresso machine to make them and other drinks. High upfront cost (mine was $520) but pays for itself in less than 6 months if you stop going to coffee shops.
People are so freaking miserable on here. She has multiple income streams, no debt, is living within her means & making compromises necessary (roomates), and she spends money on things that bring her joy rather than vanity objects. She makes money to live and not the other way around, which a lot of miserable people will struggle to understand. She needs to start a retirement fund ASAP but otherwise she is doing well for herself. 👏
People assume it’s hard to live in NYC. Yes it is expensive but certain jobs do pay a lot and you can live comfortable like the lady in the video if you have a roommate. Waiter/waitress can make up to 80K in a year including tips and most of their money won’t be taxed if it’s cash. The minimum pay for these jobs are like $7 an hour but majority of the money is for tips and tips is usually 20%.
Jessica B saves a LOT of money. Weird in ur early 30s but as soon as I get my first apartment the first thing is roomates. Rent or living expenses are most people’s biggest cost and if u get that taken care of, you’re off to a great start
blessing B my bf and i split it ❤️we’ve been with roommates before and it actually didn’t save money we got ripped off. But where in a much better place now :)
My sister makes minimum wage working less than 40 hours a week at a museum gift shop in SF. But she lives quite comfortably in our parents' house rent free. Meanwhile... I make $50K a year and have to pay for everything in NYC. She lives better than I do for working fewer hours and making less money. PRIVILEGE. (But I don't hate her for it. She's happy where she is and I'm happy where I'm at)
@@Caswell19 I love urban life...but there are cities that you can have just as much fun for way less. Atlanta, miami, LA, Houston. With much better weather
Good on her for making things happen. As many have already noted its not the most comfortable lifestyle and she'll likely start to struggle as the years go by but she's taking advantage of NYC!
Something doesn't add up, she should be budgeting about 3,600 a month after even with new York's high taxes. That's 800 dollars less than what she said. I hope she doesn't get a 10k tax refund every year..
She's doing pretty good & she has $10K in savings. The only reason she can live in NYC is because of room-mates. Although usually relegated to college students, room-mates are becoming popular again with working young working singles, seniors& some couples. It's the only way to afford housing, especially here in California. I didn't mind living with roommates & continued co-housing after getting married & having a child. It just helped keep the bills down.
What’s your budget breakdown? Share your story with us for a chance to be featured in a future installment. cnb.cx/32TYZ2K
CNBC Make It. I live well in LA on less than 60k a year
Pay what you can and pray is how much most peoples budget is
More diversity in terms of people, occupation, boroughs, income, bank account balance...This is representative of a small population of residents. Nice profile
I spend 60% of my income on booze, weed and chicas, and the rest I just waste
you can document my zero income downward spiral to suicide i'm fat tho
Key points are:
1. ROCKING the MetroCard
2. Not drinking alcohol excessively in NYC bars
3. She doesn't seem to be addicted to High Fashion
4. No high student loan payment
5. Overall GREAT ATTITUDE
She spends $450 ("& up) a month for leisure whiles saves $150 ...
Plus, her phone bill is crazy - prices are half of that in American companies.
She spent $500 on boots. But okay
don't worry be happy she’s a dancer and she uses it for work. Plus it’s not like she’s buying $500 shoes every month.
Taylor Mailer dancing isn't her job, it's a hobby she's passionate about. Serving is her job. So she should've splurged by buying a pair of Sketcher shape ups instead... in my humble opinion.
High Fashion Addict here!👋
I
Must
Buy
More
Shoes
She is happy, satisfied with life and balancing between work and hobbies.
I see this as a win.
except for that fact that she will be working forever
@@desmond2640 yeah i never realized that till ur comment lol. shes trying to live her dream so i guess thats a price u gotta pay. if it doesnt work out she could always teach dancing or something i guess
@@hwfq34fajw9foiffawdiufhuaiwfhw lol true. thats when reality hits you
@@hwfq34fajw9foiffawdiufhuaiwfhw Life is about balance but living in the present is key.
Most definitely!
There was a very distinct lack of student loans in that budget
Nate Ford college is a choice most people see as an obligation and become indebted to
I ain't mad at her for it.
Ashleigh Sanders same! Wish I had smartened up cuz loans ain't it
@@Tomipeace13 I'm 24 and I have no debt. I just paid off my last $1,000 to college and I just got my 1st credit card. So I'm going to make a big move because I have nothing to lose.
maybe she didn't go to college
Ha! I went to New York for the first time 5 years ago and I've been trying to remember the great Italian restaurant my fiance and I had dinner. THIS WAS THE PLACE! THANK YOU CNBC!!! 5 years of searching! Now I can finally go back there this summer! Oh and thank you Fallon for making the video. I'll be sure to tip well if I see you!
That food looked delicious!
@@ecarrecarr7852 ew.
For once the internet does something good! 😄
Next time, just go to Yelp, type in the city, neighborhood and select the cuisine. If it's worth the money, it'll be mentioned there.
EcArR eCaRr You are a 🐽.
“I have 30 years to get a retirement fund” is dangerous thinking. Hopefully she doesn’t wait 30 years to start saving!
She doesn't have 30 years to get a retirement fund. She has 30 years to get a million dollars into that fund!!
Yeah seriously
It is but she can also just keep working past 67, most people are able bodied and many choose to work just to have something to do all day anyways. There's nothing saying you can't work past 67
zed625 The problem is that nobody can guarantee that they won’t have health problems that make working into their 70s very difficult or impossible. Plus many employers don’t want elderly employees (even if the person is actually still capable of doing the job well). So although plenty of people happily work after the usual retirement age, it’s a very bad idea to rely on that if you have the potential to start saving.
She's got one. That 10k she's sitting on is more than many 50 year old's. The lady is gonna be just fine.
She has two roommates that’s the only way you can live in NYC and have some money left.
tbh id rather have roomates making good money in the city as opposed to making nothing in the middle of no where. you can be smart as long as you keep your rent cheap.
Elle E I don’t want to leave and where that I have to live with a roommate cuz eventually you want ur own space
@@mya3601 Some want to pursue their dreams and their happiness more than they want their own space. Different strokes.
@@dantan1249 you don't have to live in the middle of nowhere to have an place to yourself to live while making good money.
Cleveland, Columbus, Pittsburgh, Indianapolis, Nashville and other cities of that size provides affordable places to live on your own.
It's one thing to have roommates when you are in your twenties, but in your thirties with roommates is a little much for most people.
I live in NYC on 64,000 and there no way you can do it on your own. If you have school loans, rent etc. I have a roommate but if I didn’t there’s no way I’d make ends meat on this salary. I did the math and it equaled no social life. Lol
NYC isn’t easy.
She's living not existing and it's in New York you go girl
She's in her 30's and have to live with a roommate to afford to be there......wouldn't consider that "you go girl status ", lol
Val Andry It seems as if SHE is happy. Are her choices impacting you in any way? I have never lived with a roommate BUT I respect the decision of others to do what makes THEM happy as long as they are not hurting others.
@@denisenoles3159 Who said her living with someone was her choice, lol. You can respect whatever you please.....this is called a comment section. So i can comment on a public video and express my opinion. You seem a bit uptight though 😏
After women hit metapause. They realize what truly would've made them happy.
@@rodikmik3861 Are you a woman who has hit menopause (I'm assuming that's what you meant to write)? If not, how do you know? Also not every woman experiences the same thing once they hit menopause, sweeping statements like that especially coming from a man are just inaccurate
I love how she sees the positives and sacrifices for her passion
What a comfort moving from a box to a box in a yellow or silver box.
She is already 32. It's only a matter of time until her body can't keep up
U
This is what we see in 5 minutes. Not her everyday life.
neberboi
....not really. She has quite a while actually. Up to 30 more years actually.
60k for waitressing? New York here I come!
Erin M girl my bf make 70k as a bartender in tecas
And then you get to know the fixed costs and pricing in NY lol.
There’s lots cities servers can make 50/60 k. You have to serve in states with no server wage. I was paid $3.15 an hour in Indiana. VS $9.75 in Alaska. This provides incentive for managers to have as little serving staff as possible - whereas in Indiana, my checks were $0.00, so the management would over staff, why not? Consequently, no one makes any real money.
Meanwhile i make 24k a year working 7 days a week in nyc lol
@@marcelrodriguez2067
Thats BS. Minimum wage is $15/hr in NYC so working 40hrs a week would net you much more.
Either way, you should get a side gig or open up a service business for side money.
She's a very positive woman. Good luck to her. Here in San Francisco, an income of $75K or less is considered poverty level. $200K is considered middleclass. It's crazy.
Just saw another comment that says a living is possible with 25k in the bay area
lessemo loll that comment is right above this one.
It’s all about perspective it seems
lessemo it also depends on if you have a family, where you’re staying in the Bay Area, etc. Some people are willing to make the 2 hour trade off to commute from a cheaper suburb and some aren’t. I wouldn’t say a single person making 75k a year is poverty, but with a family that’s a tight budget for that area.
@@lessemo it's NOT possible, unless you live with family and aren't paying for rENT
Thats not true, just like in NY you can prob live in a crappy 3 bedroom 1 bathroom with roomates and live ok with 65k as long as you dont have lavish lifestyle and no car and your job pays insurance.
She is Happy :-) One less mean person in the world!!!!
You mean one less depressed person in the world.
Wise words
That’s so true! I guess imma use that phrase when I tell people when I’m happy! 😅
@@mahdimon Not everyone wants to retire at 65. We all have our own life. Work makes some people happy 😁
Andrew Mahdi or one bad injury, I’ve seen it many times. Just look at pro athletes. They think the money will last forever, but eventually their body breaks down. If she would have put 2k each year in a Roth IRA and some good stocks or index funds starting at 18 she would have been able to retire in her 40’s. I retired at 49, I take little part time jobs when I get bored and travel. I loved martial arts and Brazilian Jiu Jitsu but my body feels pain now that I’m a little older. She definitely should start now but that few years of compounding makes a huge difference.
Fallon! How crazy I just stumbled upon this video! We used to work together in SLC! look at you! Glad to see you so happy!!!
My mother was a full time waitress for over 15 years and made really good tips everyday BUT then a reality check hit her as she got older. She went back to school part time and became a nurse which gave her a better income, benefits and a retirement plan.
I can tell you from experience that old age speeds up as time goes on.
a a that’s rude
Waitressing is good money when you are young. It is very tiresome and demanding to your body. You are better off waitressing while going to school and then get a degree and move on. It may take you a few years to get to the same income but in the long run it will pay off... happy for her but I wish she had a bigger goal to make more money instead of having to keep her spending like this or lower it. Which means lower her quality of life. Btw I was in NY for the covid crisis y for in the healthcare and it was miserable.
I was very impressed until she said she had no Retirement fund 😱😱. Better hurry up girl! You are doing everything else right... GL
This woman doesn't have a sustainable career. She's living her passion for now and it's fine to get it out of the system. But later what's going to happen no career equals to poverty.
@@IndependentView7 she can start putting some money aside for her 401K or even better just open a Roth IRA account and contribute a couple of $20s every week or month, that money should multiply well by the time she is ready to retire as she is still young. She can work there for many years to come, why not.
The problem with is young ppl is the lack of financial education and thinking investing is hard when it is NOT.
1. Open a Roth IRA account (Call your bank, Vanguard or whatever instruction)
2. Put a $100 bucks into a Robinhood account and learn how to invest or trade.
3. Open an HSA
Follow that and she'll be better prepared.
Her retirement fund will be her future Rich Husband.
@MsSunhappy huh?
@MsSunhappy True, she is only 32, but looks so much older.
Pro tip: Take $5000 from your savings and put it in a Roth IRA. Make monthly small ($25 - $50) automatic contributions to waive any fees.
Ivan Mendoza write off all expenses save money at 2% interest capital one money market
Getting a Roth IRA was one of the smartest financial decisions I’ve ever made tbh
Why not an IRA
@@MichaelP-ke1tm Any IRA will work. I like Roth IRA because of the tax-free and penalty-free withdrawal of earnings. A Traditional IRA does allow individuals to make tax-deductible contributions into the account, which is great. But distributions are tax as ordinary income and if taken before age 59, may be subject to a tax penalty. Basically, you have to figure out which option will work better for you and your retirement plan.
100%
she buys egg by the carton as compared to what??? individually?
Skylar Kang buying the chicken itself
I think shes talking about 4 dozen. It's like half the cost of buying them a dozen At a time
Jovani Hernandez 😂
Skylar Kang 😂
I cracked reading this 😂
She is literally living with 2 roommates and almost living paycheck to paycheck. Seems to me $60k is basically minimum to just survive with no family and no retirement plan.
Can afford $150/month on iphone though.
Weird because most expensive UNLIMITED plan from Att is $60. These guys will go broke because of bad financial management and then blame their income.
Roommates is the wrong term as she's not sharing a bedroom, flatmates would be more accurate. I would recommend having flatmates to most singles even if they can afford their own place, there are so many better uses for money than rent.
Mary T
Dude its called roomates
@@elijahorozco2960 room mates here means you are sharing a bedroom, like in a university dorm.
Mary T
But shes is in ameirca the word is interchangeable, check dictionaries
"In the UK, the term "roommate" means a person living in the same bedroom, whereas in the United States and Canada, "roommate" and "housemate" are used interchangeably regardless whether a bedroom is shared."
I love how $60k is being treated like a low amount of money, jeezzz
I know, right? That's what I made last year and I live with no worries about money.
Well it is.
When a studio apt cost over $2.5k a month it is a small amount. But you also get paid more so it evens out.
Here in NYC its considered very low middle class. Most middle class workers in manhattan make at least 200K a year
@@NadiaCianca That's BS. Maybe those who live in the financial sector in lower Manhattan. Most middle class workers make under $100k in Manhattan.
I hope she's doing okay this pandemic
i don't think so
I know.
Acc to her instagram, she's doing good. But then again, insta can be a lil deceiving.
'making less money is worth my happiness' biggest takeaway, what a champ ❤️👏
60k on waitressing is quite a lot.
in a busy restaurant in Manhattan it is normal to get $200-$400 in tips a night. Bartenders make even more. Those jobs are very hard to get by the way. Note that her base pay from the restaurant company = zero.
not if you have to pay $3000 a month to live a in a 1 bedroom in a slum
At NYC prices that's nothing. Also you get your income taxed three times if you live within NYC. If you are a Millennial IDC how much you like the city DONT MOVE THERE
I need a Bachelors degree and a Hospital Administrator position to make $60,000 in Indiana.
@@TravisKearney I know people who got bachelor's degrees , got corporate jobs and went back to bartending because it paid more.
She’s so happy and content with life. You can’t help but love her for following her dreams and just doing whatever the f she wants to make her happy :) you go girl!
But with 3 roommates. Just yourself, you can't. But most people don't think about getting roommates.
Unless you live in the Bronx in the ghetto
Lord Ba'al if you have to get roommates “YOU”......can’t live on what she is making 🤔.......but yeah having roommates is a good idea. 😃+🙂+🤨
@@dolobrolic6066 That's basically what I said.
Tuan X Music year if you make that after taxes. I’m talking about before.
Tuan X Music you can rent a one bedroom for 1650 in NYC? In Toronto you’d be lucky to find a one bedroom for under $2k and even then there’d be hundreds of people applying for it.
This is awesome and, I love her attitude and perspective on life.
Me too, I'm tired of all the naysayers that generalize their negativity.
Love it too but there is a sad side to this...
Please make more of these videos !! Love them.
they just make me feel sorry for these people
@@VivaMessico why would you feel sorry for her? She lives a great life!
Okay! When I saw $200/mo for groceries in her budget, I was like, "No fucking way it's that little." Then she said she gets $300/mo in free food from work, it made way more sense.
I wish I could steal $300 from my job a month!
I love how shes able to balance passion and work. Her energy seems so positive and encouraging!
I make about $60k/year in electrical engineering living in Chicago. $60k/year from waitressing? At least she’s enjoying it while the ride lasts. With such a high turnover rate field, the day the restaurant doesn’t need her anymore is the day she’ll find out she gained no transferable skills except for other waitressing jobs which I’m sure won’t pay close to $30k.
yup lol
Her passion and enthusiasm are inspiring! She can probably switch to teaching dancing later on and work that as a full-time job. Best of luck to you, Fallon!
60k is most definitely enough for a single person to live comfortably in NYC esp if they're not swimming in some type of large debt (ex: student loans, credit cards).
Oh no with most of her income dependent on the restaurant and places being closed right now, I’m wondering how she’s doing
she said she has savings
She is absolutely right. Serving or dancing, we should make the decision. Don't let others to come and tell you how you should live your life and how much we should earn.
As a former New Yorker, it is hard for me to believe that her rent is less than $1000 a months from the looks of the apartment building unless someone is subletting it.
Her portion of the rent is $920. It is very durable in uptown. The heights and Inwood..etc
@@kjcs2770 My bad...missed the part where she has 2 roommates.
60k is about twice what I make working a full time job
Same! I may not live in a large city with lots of things to do, but I don't need roommates! Privacy is more important to me than earning more
@Gregory Smith Why they are not great? I am planning to move to NYC after my graduation, so do you have any advice for me?
@@TheSangiovani don't listen to him. Everyone has different preferences. I enjoy the options the city I work in has. If the rent wasn't so expensive (and rats), I would move there immediately. But someone who hates noise and neighbors wouldn't like it. It depends what you like
I love her, she’s so positive ! I hope she gets the role of her life soon! 🙏🏾
Being poor in a city and having to have housemates is alright when you're in your 20s. As I got older it wasn't worth it. Nyc is fun, but living there and having to work isn't. Better to just visit on holiday for me.
Good for her! First video of this series that seems genuine and realistic. She's making a difficult city work for her while doing what she loves and being responsible. Serving is incredibly hard work. Respect.
Did anyone else cringe when she said “I have 30 years to get a retirement fund” ... no you don’t. By then you’ll NEED the FUNDS from that fund. You need a retirement fund now because that money needs to accrue and you’ll want the interest from that original investment. 🙁
The problem with this is that I see so many companies offer jobs that require you to have a B.A. and maybe even a Masters degree then wanting to pay like $40,000 while working in NYC. This isn't a story, just aimed at making Millenials look like whining babies after being offered "good jobs". Well, I don't know what the requirements are for her to be a waiter wherever that is, but I don't think most waitressing jobs pay $60,000/yr. It should be more like "Millennial Money-Only being offered $30,000 for having a Masters degree and 5+ years of experience to come work in our NYC office after you've interned for free for a year"...No millennial would be complaining while making $60,000 for being a waitress and then especially if let's assume that's the base salary for a job like waitressing that requires no formal education so your entry-level job working for a company/institution that requires you to have a specific educational background started off paying you at like $70,000. YEAH, MOST PEOPLE COULD LIVE COMFORTABLY!
That completely depends on what field you have a degree in. I have Computer Science degree and live in NY. All junior positions start off at $60k and go to around $85-100k after 3 years experience. I started at $67k. It's also against the law in NY to intern for free. They have to either pay you or give you college credit while you're in school. I've had 3 internships (paid and credit) while living here.
I just looked up how long professional dancing careers last. I found a couple articles stating the average age to transition into another career is 34, with some people continuing into their early 40's. Dancing is physically demanding, like other professional sports. She's 32. Do the math. Maybe something else in theater once it's time to transition. Continuing to work as a server in a restaurant would be depressing to me.
@@ubbdaubermensch1528 maybe he is. You never know.
@Jonathan Ruiz I'm just saying the facts, but if she's happy that's what is important. Maybe there's a follow-up to this, since this video is from last year. I haven't been to NYC since last year, but she's in two businesses that are getting really hammered since COVID-19 (New York City shows and full-service restaurants). :(
It's great how she's found a balance that allows her to be comfortable and follow her passion
I love that she's able to pursue her passion on the side but she needs to put aside some money for retirement ASAP. Even if its just $50 a month in an index fund. Glad to hear she's employed now during the pandemic.
$920 in rent. That's not typical at all. Try $1500+ to not end up homeless.
Its cost that much in the other boroughs as well!!!
$920 is her share after dividing the rent 3 ways.
Unless her roommates are imaginary; in which case, at least they're probably "neat".
Yea she definitely has roommates. It should be addressed.
Robert Cuellari it was addressed and stated in the video.
@@mistercakes So you didn't catch that in the video, or the replies to the comment you responded to???
yikes....
3 suggestions: cheaper phone bill, put 15 % towards retirement if possible, and try Nespresso coffee shops!
Right
Yeah, there's no way her "grocery" bill is $200 per month unless I missed a "coffee" allowance.
Which I may have.
my suggestion: move to a cleaner, less overrated, less marxist city.
@@jdunnatl Maybe she counted the coffee as leisure?
@@VivaMessico
>ny
>marxist
OMEGALUL
"NYC hacks"
Buying eggs by the dozen.
WOW. #OnlyInNewYork
It was only a quick look at the eggs, but it looked like it could have been the really big carton with 18 or 24 eggs in it.
@@mww22410 Well that aint a dozen now is it lol
She will never retire by saving $150 a month.
Jason Dietrich actually you can by proper investing into index funds and power of compound interesting - but sure, whatever you say buddy.
@@xRamim $150 a month for 30 years is not even 250k
@@xRamim not at 150 a month, even in good index funds and compounding over 30 yrs that wont even be enough to retire in Chiangmai Thailand by 65
I think it's amazing she can live on 60k a year in NYC but by the time I was 28 I was done with roommates..
Her restaurant is by my house. $60k isnt good here in Manhattan but kudos for anyone that can make something like that work.
like....you new yorkers are the worst kind of people....60k is twice a living wage anywhere else in teh united states.....
i live off of 9k a year. im confused where ANY struggle is involved in this video.
@@dbspaceoditty 9k a year?!?
Do you live in a cardboard box?
dbspaceoditty the struggle is the higher cost. 60k almost anywere else would be wonderful
I wish my job provided free food.
@@theego2897 im on disability. its just what i get. even when i did work it was only like 11k a year.
This is much better than the video about the nut case who said she’s destitute making $108,000 a year! This is much more realistic
I dunno. For me, living comfortably means not depending on roommates to pay rent. Call me crazy.
Everyone has different ideas of what comfortable means to them. 🤷🏽♂️. She clearly felt it was worth the sacrifice and she knew exactly what she was getting into.
But I agree with you, personally I'm fortunate to live by myself and don't need roommates to depend on.
New York City is extremely expensive. It is not uncommon for ppl to have roommates, especially in NYC. Also she is a single women. Why pay $3k for an apt you won’t be in most of the time just to say you live alone?
Krittie In the City the short version of that answer is “because I like to shit with the door open.” The long answer is a list of 100 reasons I do t want to depend on roommates.
Anthony Turner sacrifices are comfortable? Oh.
She’s good with money! And has a good balance of work and passion. Very good.
Uhm... not really. I’m 10 years younger with 4x the savings.
@@ryantyler44 without debt ?
I thought she had a great attitude, but she's not in a great position. She's 32 with no retirement and 15k max in the bank (5k checking/10k savings). That's still less than 6 months of her expenses. Yearly she's paying almost $6k for voice and dance lessons, but she admitted that her dancing gigs barely bring in $5k per year. I respect she's got a passion, but I would think that if she hasn't made it in that field soon her age will start to show and she won't be able to perform the same. If she's okay being a 40 year old server with roommates who's still trying to cling to a dream, more power to her. But I don't think her story is one to be admired outside of actually being able to balance her income and bills.
Really??? She spends 100$ a month drinking dog shit coffee...
@@ryantyler44 you probably live with your parents. 😅😅
I love how these CNBC model budget's for millennials have changed over the years. They went from "See? This 28 year old owns a home. Stop eating avocado toast and you can too!" to "Why don't you share a flat between three people? Living alone is not financially responsible!"
With their last example, they said you should have the equivalent of your annual salary saved by age 30. According to their own recommendations, this woman should have over $60k in savings.
It's a freaking joke.
It's the New Deal. Everyone is supposed to be poor. That's how communism works.
Crazy how different it is between countries. I live in Sweden and work as a medical doctor and earn pretax 52000 USD per year. Mindboggling that I earn less than a waitress in NY.
This girl seems really cool, love that she is keeping her dream alive!
I‘m from Switzerland and hearing someone in their 30s say „I have no retirement yet“ is so scary to me... here in Switzerland, after you turn 17, you and your employer automatically add to your pension fund (well it‘s reduced from your income), it‘s obligatory here
I didn’t see much room in her budget for Savings... but obviously we all wish her the best.
Move to Vegas. You'll probably make just as much here if not more with a WAY lower cost of living. Granted it's going up but still WAY cheaper than NYC, LA, etc lol
It's not all about the money
She's here in NYC because there's significantly more opportunities, particularly for dancing. There's very few opportunities like that in Vegas.
702Tech vegas is def the place to be
Anthony Turner very few, like all the dance shows and shows in general that need dancers lmfao. Vegas is great for dancing, nyc is too competitive as well
@@anthonyt425 - Yeah, because who ever heard of any kind of "entertainment industry" in Vegas???
She’s a doll... I had no idea that it was possible to live this decent on only $60,000 a year in NYC
Sister, this ain't decent. Roommates and no retirement as she serves some of the richest folks in the world?
I sometimes miss living in a big city. There's just so much more opportunity to be creative, make money, and just live life in large cities. She'll be just fine by retirement, will probably end up running her own dance studio.
she should start an Ig account all about her life in NYC for dancing/ acting and serving and also NYC hacks!
There is a dance instructor in my small town that was a rockette. She got married and moved here from NYC. Had some kids but I believe the guy took off so she raised them on her own. She just sold her studio few years ago at 92. Still looks amazing. Still dancing. I doubt this lady will ever stop dancing either. It's part of her.
You make 50 - 55k as a server? Lucky you. Get that cake 🍰!!!
Cost of living way high in NYC so nothing to really celebrate
Wow I like her vibe! She seems really happy like genuinely happy. I believe she'll go far in the next five years.
Assuming she works full time, she's making like $60k/year just in tips 😲
Your ethic on life is just what I needed to hear right now 💕 Thank you and keep dancing 💕
32 yrs old with two roommates is not the ideal grownup experience.
Yeah, she seems really miserable, doesn't she.
wow....
How much are you willing to pay for that "ideal grownup experience"? Living alone is a luxury. There are too many people with their finances in the gutter because they needed to have "ideal grownup experiences".
Sandra Alvarez In NYC it is if your single!
BTrain5489 YES!!! Say that! Love broke and alone.. sounds about right! She is extremely smart
This is exactly the kind of vanity trap that ends up costing people a lot of money. The REAL grown up experience is living within your means and making the compromises necessary to do that.
This is a smart way to pursue your dreams in a big city. Find a job that you don't love but pays really well, and then have a serious side hustle in your free time.
When your wage dosnt cover your taxes..... Yeah that's depressing
Millennial is the best series on this channel
Love the fact that she has a good amount saved. Working to get there
I drive taxi in NYC. I met a visiting mother yesterday who was exited to watch her daughter dancing in a theater. We were talking abt lucky people who has some passion abt some art/ athletics or something which is not just a desktop job. Everyone should follow their dream.
$150 a month for savings isn’t savings when you have no retirement fund. She’s skydiving without a parachute.
Still saving...
She has $10000 in her savings account. How many actually have that? It is not like she can't transfer that into a traditional retirement account.
Chris W $10k is fine for an emergency fund. But barely a starting point for a retirement fund. Especially when you’re only saving at a rate of $150 a month. Even if she invested all of that in a retirement fund til the day she retired she’d barely make it past her 60’s before her funds ran dry.
@@chrisw9122 10k is very little for someone in their 30s... Normally people put in about 4% of their total salary into a 401k, which is about 1500 a year... Assuming she started working at 22, she should have around 15k in retirement accounts, and a few thousand in emergency tl;dr she should have about double that
It might depend on where she went to school and what her student loan payments were like. I'm in my late 20s, (also an actress) and know a LOT of people in a variety of careers worse off than her because they're still trying to chip away at their loans or have zero financial knowledge. I'm about where she is but I do have some money in my retirement account, only because my parents were insistent on me setting one up and making sure I contributed at least half the max. If she's done with loans, she should take the money she's been putting into her savings account and direct it towards retirement.
Considering something like 70% of Americans couldn't weather a $400 emergency right now, it's sad, but she's actually in a better spot than most.
typical spending of $2830 a month is just under 34k a year. what happens to the other ~$10k after tax that she makes ($60k pre-tax = ~$44k after tax in NYC)? why does she end up saving only 150 bucks a month?
Do this for San Francisco
"Hi, I live comfortably in San Francisco making $60,000 p/y.
I live in a very spacious dumpster and am able to pursue my dreams of collecting cans and doing drugs."
I wonder what the "Shoe Budget" would be in San Francisco?
You can't tell me human feces just rinses off....
@@jdunnatl I'd laugh, if I weren't crying from how true that was. Lol.
$100 a month on Starbucks is really good. Most people spend $200-$500 on coffee and a donut a month. $4- $10 twice a day.
$100 a month is really bad. Any of that really. It's all overpriced waist of money. People should be making it home. Better and cheaper.
Wow I need to reconsider my career! I work with special needs children for the DOE and make 34k 😑
HOW?! special education teachers are supposed to make more than regular teachers. I make 69k a year as a new pre-k teacher in nyc but that’s with my masters
"I buy eggs by the carton." Isn't that how most eggs are bought?
She has roommates!!! I highly doubt she could afford to live alone on $60K in New York City, NOPE!!! I was making $65K at one point, I had a one bedroom apartment across the river and I was pinching pennies! Her story is common among artists
It's entirely doable, depending on individual circumstances. What you can afford depends on income and expenses. I make a lot less, but have zero debt. That's a much different situation than someone who has student loans or car payments or credit card debt.
@@wendydarling5790 It's doable but not sustainable in NYC. I live in NY. It would be worth it if she worked for a company where she gets raises and promotions. As a waitress and dancer who is 32, she has a few years left at best to "make it big" other wise she'll be screwed. Yes she has no college debt, but she never said she has a degree. Being in you mid 30s trying to get a job with only waitressing and dance on your resume is going to be hard.
@@DoomFinger511 I live in NY too, and don't have a degree. Pursued theatre for way too long without much success and temped for years. Currently mid $40's and doing fine (with roommates). $60k would be a huge step up and I'd have no problem at all living on that. Like I said, if one has other financial obligations, it might be more challenging, but if you don't, I don't think it's hard.
I have a friend who's late middle age and has been a professional server as long as I've known him. Many years. He makes great money and does performing gigs on the side. Seems perfectly happy. 🤷
@@wendydarling5790 I'm curious in what section of NY you live in and if it's rent controlled? Also the main issue with her situation is sustainability. She's making about $3k a month and has $2.8k in expenses, so she's living paycheck to paycheck. Without substantial savings and investments what happens when she gets older or the restaurant closes? Unfortunately the reality is that a man can still do well as an aging waiter or bartender but not a woman in trendy places in NYC. One day, when shes 50 or 60, too old for roommates (and they will eventually move out) what does she do for a living and rent?
@@DoomFinger511 I was merely responding to the commenter who was doubtful that one could live alone on $60k. I know that it's definitely possible. Of course, as I said, it depends on one's personal financial situation. YMMV.
What do you like from Starbucks? I’m an americano fan. I ended up buying an espresso machine to make them and other drinks. High upfront cost (mine was $520) but pays for itself in less than 6 months if you stop going to coffee shops.
People are so freaking miserable on here. She has multiple income streams, no debt, is living within her means & making compromises necessary (roomates), and she spends money on things that bring her joy rather than vanity objects. She makes money to live and not the other way around, which a lot of miserable people will struggle to understand. She needs to start a retirement fund ASAP but otherwise she is doing well for herself. 👏
Thank you :)
People assume it’s hard to live in NYC. Yes it is expensive but certain jobs do pay a lot and you can live comfortable like the lady in the video if you have a roommate. Waiter/waitress can make up to 80K in a year including tips and most of their money won’t be taxed if it’s cash. The minimum pay for these jobs are like $7 an hour but majority of the money is for tips and tips is usually 20%.
Downfall to me is roommates no thanks
That's the norm here in NYC....
Jessica B saves a LOT of money. Weird in ur early 30s but as soon as I get my first apartment the first thing is roomates. Rent or living expenses are most people’s biggest cost and if u get that taken care of, you’re off to a great start
blessing B my bf and i split it ❤️we’ve been with roommates before and it actually didn’t save money we got ripped off. But where in a much better place now :)
Anthony Turner oh i get it I’m from New York lmao
Jessica B I’m sorry that happened to u? How did getting roomates R.I.P. you off?
You go girl!!! Omg she's so happy. I'm so happy for her.
I'm amazed by her income haha
That $450 a month for entertainment should be going into savings until you have at least a year's worth of expenses banked.
“I have 30 years” that’s a dangerous statement
this is misleading, she makes decent money because she works in a very wealthy area like the upper east side.
kiss Sanand best area, i worked there too
How is this misleading? They showed her home, work, salary, and broke-down her expenses.
What else do you need, her favorite color???
jdunnatl It’s misleading because it is not representative of most waitress jobs in NYC as far as salary is concerned.
@@kisssanand5437 - Yeah, it's not like the video is called, "Living On $60K A Year In NYC".
Oh, wait....
kiss Sanand wait how much you make waiting?
But most people in NYC are not making $60,000 lets be clear. This is so misleading 😑
She spend almost $1,000 per month renting a ROOM in the apartment.... A ROOM, people!!!
I'd move out of NYC..... screw that crap.
That's actually super cheap on DC
thats why I live in a box
The rent is split 3 ways.
@@marksuave25 frfr
I don't think I've ever seen anyone so optimistic about serving.
The real test would be $30,000 a year.
My sister makes minimum wage working less than 40 hours a week at a museum gift shop in SF. But she lives quite comfortably in our parents' house rent free. Meanwhile... I make $50K a year and have to pay for everything in NYC. She lives better than I do for working fewer hours and making less money. PRIVILEGE. (But I don't hate her for it. She's happy where she is and I'm happy where I'm at)
@@SL-lz9jr I make 23K a year in NYC and I'm doing just fine
@@giannicarandang whats your secret?
NYC is one of the best cities to work as a server
New York is so OVERRATED!! it's over populated, over priced, over taxed, and has crappy weather!!
Guess the urban life isn’t for you. I love it here and will never leave. Millions other love it here too.
The weather isnt that bad.
Yep
I left for four months and regretted everyday. I’m moving back tomorrow lol. It’s not for everyone
@@Caswell19 I love urban life...but there are cities that you can have just as much fun for way less. Atlanta, miami, LA, Houston. With much better weather
Good on her for making things happen. As many have already noted its not the most comfortable lifestyle and she'll likely start to struggle as the years go by but she's taking advantage of NYC!
I would hate to live in the unit below her
Exactly!
Wait why
@@jessa.4529 she is jumping around on your ceiling.
@@jessa.4529dance
Anthony Marquez okay, why?
Something doesn't add up, she should be budgeting about 3,600 a month after even with new York's high taxes. That's 800 dollars less than what she said. I hope she doesn't get a 10k tax refund every year..
Best series on this channel... Hands down!
I wonder if CNBC could check in on her and see what she's been doing since the pandemic
Is that $60,000 before or after taxes?
Pre tax. (Before)
She has 2 other roommates.
$60000 before taxes...she probably makes $45k after taxes
@@chrisw9122 woooooah taxes are that high !!!! How much in a month??
@@samahamara8543 the $2700 is after tax
@@thatdopekiddcasper but how much a month are taxes?
She's doing pretty good & she has $10K in savings. The only reason she can live in NYC is because of room-mates. Although usually relegated to college students, room-mates are becoming popular again with working young working singles, seniors& some couples. It's the only way to afford housing, especially here in California. I didn't mind living with roommates & continued co-housing after getting married & having a child. It just helped keep the bills down.