Mamamia’s What My Salary Gets Me asks Australians to record a week in their financial lives. Kind of like a sex diary but with money. So not like a sex diary at all. We still find out the best kept secrets though. We discover what women are really spending their hard-earned cash on. Nothing is too outrageous or too sacred. This week, a 27-year-old writer and blogger from Sydney, NSW.
Job: Part-time Deputy Editor at a magazine and Freelance Writer and Blogger
Salary: Around $90,000 — I earn $55,000 per year including super at my part-time job, and try to match that with my freelance work
Housing: My partner and I live in an apartment my parents own near the beach and pay $800 each in rent per month
Regular Expenses (monthly): I put around $1000-$2000 per month back into my blog and business, which includes contractors, subscriptions etc. It might sound crazy, but I see it as an investment into my future. I also pay $60 per month for Classpass, which lets me attend a range of different fitness classes and $40 per month for a gym near work. My phone bill costs me $50 per month for boatloads of data, because I’ve finished paying out my phone on the contract
Utilities: $600 per month on average – split with my partner
Health Insurance: $60 per month
Transport: I don’t drive, so I spend around $70 per month on public transport and Ubers
Groceries and household expenses: $500 which (ideally) covers food for the entire month (split with my partner)
Subscriptions: $10 Stan, $13.99 Netflix and Spotify Premium $11.99 (split with my partner). I also have a subscription to Glamcorner, which allows me to rent out three different outfits for $99 per month. It might sound extravagant, but it helps stop me spending money on buying clothes!
Splurge (clothes, makeup, movies, cafes, weekends away, gifts etc): I don’t have any set allocation to this at the moment — it’s usually just whatever is leftover! But I probably spend around $50-$60 per week on takeaway coffees and eating out
Monthly income allocated to savings: $1000. I have this put straight into a separate account by work
Current savings: $10,000
Debt: $700 for various ZipPay purchases, $30,000 in HECS debt
Long-term planning: My partner and I have big plans to travel the world