Oh geez, we’re only one month into the year, but already all I’ve been thinking about is money. I’m thinking about my friends who are buying places, a 401K (which FYI I hate thinking about. Logging into Fidelity is death.) my co-workers who are light years ahead of me in investing and whether or not I’m going to continue renting next year. And I have family members trying to decide if they should get an American Express blue cash card and parents at my kid’s school talking about opening savings accounts for their children. These days, the thought of money is just running my life, but isn’t it for everyone? My friend Toby told me over the holidays that if there’s one advice she could give me it would be to save. Save now. But unless I’m doing it automatically, it’s difficult for me to know the best way to do that.
Can saving be eating out just once a day on the weekends? Skipping my morning coffee? Spending less on my credit card every month? There’s really no right or wrong answer. I think every 20-year old I know is just trying to figure it out on their own. I stumbled upon this infographic today about what someone has to earn in every state in order to be in the top 1%. Well, it’s just the 1% so the best thing about this infographic is knowing you’re not alone!