@millennialindebt
Millennial In DebtWhen I tell you that you need to know your numbers, this is how detailed you need to get! I’ve been using @monarch_money lately to help me track where every dollar is going (I use the Zero Based Budget method) and how much I have left to spend in each category. (SPONSORED) Head to the 🔗 in bio to try it for free and get 50% off your first year. (Use my code: MILLENNIAL) Here are some insights into my numbers that are helping me finish out Q3 and prepare for Q4 Historically my Q1 is always the most expensive because I pay my car insurance and homeowner’s insurance annually in January. A few other large renewals also happen in Q1. So for Q2 I typically reign in the spending because I know I spend more during the summer. Surprisingly I spent less than I usually do which is primarily due to my no spend on clothes, shoes and makeup this year. However it was still quite a bit of spending on my dog. Her expenses are about 10% of my spending this year (almost $4,000 dollars) to cover her vet bills, food, toys, meds…etc. In Q4 I’ve got some financial goals left to hit like saving an additional $10,000 and investing an additional $23,000. So I set my Q4 goals now to start preparing to decrease spending in certain categories, increase my income to cover certain expenses. I’ll be using @Monarch_Money to help keep me on track and HONEST about my actual numbers and not just what I “think” my numbers are! What is a financial goal you are working in achieving by end of year? LMK in the comments ! . . . . . . . #millennialindebt #personalfinance #financialfreedom #financialliteracy #financialeducation
On the profile · Sep 17, 2025