Money Rehab with Nicole Lapin · Wednesday, August 26, 2026
A 22-year-old listener, Kate, earns $4,500 per month and spends $3,000, leaving $1,500 for savings, student loans, and investments. She allocates 10% of her income to a high-yield savings account.
“Yeah, so I spend about $3,000 a month. That's between everything of like rent and then I take in about $4,500 a month.”
“Miscellaneous because I try to come up with a budget and it's very much loose numbers because I wouldn't say that I have the best discipline whenever it's like, hey, walking by a store, that looks really nice.”
“But also I have 10% of my income going into a high yield savings account and then I also have some student loans, so I'm paying off those about $400 a month and then another $100 is going towards a brokerage account and a Roth.”