Reply to 50-75k earners tell me your budgets!!

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[quote=Anonymous]Rent is widely variable.  Personally, I can't comprehend how 20/30-somethings are paying rents of $2k+ in Arlington and DC.  If you have the time to shop around you can really narrow down both cost & location...but again you've gotta have the time and flexibility.

30/M/single/$58k

Monthly budget:
Rent: $850 basement studio in Clarendon (mow the lawn and shovel snow for a reduction, utilities included)
Phone: $110
Internet: $50
TSP: $1500
Roth IRA: $460
No cable, HD antenna works really well locally
Variables:
Food: ~$100 (eat plain & cheap, and never turn down a free meal)
Gas: ~$80
Dry Cleaning: ~$40
Car Insurance + personal property tax: ~$900/year

The budget leaves about $300-$400/month in cash for haircuts, going out/drinking, mini-vacations, and whatever else.  When that cash is gone, I lock it up and become a hermit until the end of the month and then the cycle starts again. Planning to continue living at about the same level and saving the difference as paychecks increase in the future in the hopes of retiring early.

Having a paid-off car and zero debt is the trick.  Cash-flow does get better as time goes on.
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