Christine Hopkins, 27, lives in Berkeley, CA, and earns $88,000 a year as a marketing manager at Bluewolf, an IBM company. She wasn't always responsible with money, making charges to her credit card without being able to pay them off. In 2018 she began making an effort to change her financial habits. Here's how Christine makes, earns, and spends her money.
Read more about Rachel and Scott’s budget breakdown: [ Ссылка ]
This is the latest installment of Millennial Money, which profiles people across the U.S. and details how they earn and spend their money.
After making changes to her financial lifestyle, Hopkins now puts away around $2,000 a month into savings, pays down her debt, and still enjoys life in the Bay area. Although a significant portion of her earnings goes toward rent and debt repayment, Hopkins says she never feels like she’s struggling to get by. “I’m able to live pretty comfortably on my salary in Berkeley,” she says.
Hopkins began working in the Bay Area as a marketing intern after graduating from college, earning $15 an hour. After her internship ended the company offered her a full-time position for $50,000 a year.
When she realized that her debt was not decreasing despite her increase in salary she started working with an advisor at the Financial Gym. Hopkins began treating her savings and debt like bills, putting a certain amount toward each every month. “I have discovered that I actually have a lot more money than I thought to do things like this,” she says.
» Subscribe to CNBC Make It.: [ Ссылка ]
About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money.
Connect with CNBC Make It. Online
Get the latest updates: [ Ссылка ]
Find CNBC Make It. on Facebook: [ Ссылка ]
Find CNBC Make It. on Twitter: [ Ссылка ]
Find CNBC Make It. on Instagram: [ Ссылка ]
#CNBC
#CNBCMakeIt
#MillennialMoney
Living On $88K A Year In The Bay Area | Millennial Money
Living On $88K A Year In The Bay Area | Millennial Money
Теги
CNBC Make ItMake ItCNBCHow To Make ItEntrepreneursStarting A Small BusinessBusiness SuccessSmall BusinessesFinance TipsCareer TipsWork HacksLifehacksMoney ManagementCareer ManagementManaging Businessmillennial moneycnbc make it millennial moneycan you live on 100k a year in san franciscobay area cost of livingliving on $60k a year in NYCcost of living in nycr29 money diariesbudget breakdownwhat i spent this week