GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re able to read more about oureditorial guidelinesand our products and servicesreview methodology.
20 YearsHelping You Live Richer
Reviewedby Experts
Trusted byMillions of Readers
Life in New York isnt cheap.
Everything from groceries to housing to utilities is well above the national average and thats just for the state.
New York City is even more expensive than many other parts of the state.
But hard doesnt mean impossible.
Heres what she said, as well as some strategies tomake even a tight budget go further.
During that time, I learned a lot on how to manage a budget.
Heres a breakdown of her $4,700 monthly budget.
Certain things, like her phone and transportation, are free, as her company pays for them.
Everything else, she handles herself.
In large part, this is due to the high cost of housing in the city.
In a perfect world, this would work.
But being a young 20-something in NYC, its nearly impossible to save.
Youll see in my breakdown Im only able to save about $300 a month.
For Lutz, one of the big things she does is check her bank account every day.
So many reasons, she said.
Additionally, [it] helps you check to see if theres any fraud.
There are also other ways to manage your finances and stretch your funds just a bit further.
More From GOBankingRates
Share This Article:
