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Home Economics No. 3: Single and living in Southwest Ohio on $62,000 a year

$60 for Internet, $100 for subscriptions, and a $3,875 monthly inheritance

Home Economics No. 3: Single and living in Southwest Ohio on $62,000 a year
Published:

Hello! Welcome to another edition of Home Economics! Before I kick things off, a quick announcement!

I want to say a BIG congrats to my friend Matt Schulz on the launch of his new book Ask Questions, Save Money, Make More: How to Take Control of Your Financial Life. I got a chance to read the book last summer when it was still in draft form, and it’s just so good. Matt’s advice to easy to follow, and he taps all of my favorite experts for their smart insights. (And fun fact, it’s the first book I’ve ever blurbed!) Pick up a copy! You won’t regret it!

Okay! Let’s get onto today’s edition of Home Economics, which features a 46-year-old single woman who lives with her mother in West Chester, OH.

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About me: It might be rare, but I am single and childless and live in the suburbs. I’ve always lived here, and I enjoy the life I have. I live with my mother, who’s in her 80s. My dad died a few years ago. I have two dogs. I’m an active volunteer at my church as well as at a local historic village and research center. I love to go to concerts and sporting events with friends and family. 

Age: 46
Location: West Chester, OH
Relationship status: Single

All expenses are monthly unless otherwise noted.

Income:

  1. Your job title/salary: Internal Auditor - $62,000
  2. Your monthly take-home pay (paycheck amount after taxes and other deductions): $2,050
  3. Additional monthly income: Inheritance, $3,875

Account balances:

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