Occupation: Law Clerk/Attorney
Industry: Financial Regulation
Age: 28
Location: Queens, NY
Salary: $63,000
Net Worth: ~$42,106 ($71,256 in checking, ~$61,000 in 401(k) and government pension funds, $7,500 in my used Toyota, minus debt. Over the years, I’ve opened bank accounts every time I got offered a few hundred dollars for signing up. I’ve consolidated them recently into one relatively HYCA (I shopped around HARD to find this!), so my savings would accrue interest as much as possible. This is going to drop soon — I’ll use $56K of savings to pay off my larger, higher-interest fed loan in December, so I can deduct the small amount of interest it’s accrued in the 2021 tax year, but still be able to wipe it out before it enters repayment in January 2022. This will leave me with a smaller monthly payment on the remaining $41K or so, which is also at a much lower interest rate, and I will still have ~$15K in liquid savings, which for me represents about a five-month emergency fund.)
Debt: $97,650 (two federal loans.)
Paycheck Amount (2x/month): $1,673.91
Pronouns: She/her