I am working on my '09 budget and wanted to know if my numbers are out of whack. I am looking to save more money next year and at the same time be realistic with my projections. I live by myself, late 30's and these are the budgeted numbers I have so far:
Monthly numbers
$3,000 Rent (includes all utilities, including maid service, cable+internet, cell phone, etc...)
$1,250 Entertainment (includes all vacation expenses, summer beach house rental, transportation, dates and booze)
$800... Food (regrettably I eat out 90% of my meals)
$250... Misc (health, haircuts, bath & grooming items + miscellaneous expenses)
$1,292 401k contributions (max it out)
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Net $2,365 (savings hopefully)
Between 401k and Net (savings) I would be saving 40% of my net income per month, good? can be better?
I probably could have done a separate thread, but was curious how this compares to bachelors in NYC. I could go the roommate route but honestly think I am beyond that being in my late 30's. Entertainment and Food could certainly be cut back on but I am also trying to be realistic living in nyc and both of these numbers are lower then what I spent in '08.