This is how a 25-year-old making $70,000 in New York City spends her money. (via CNBCMakeIt)
series, which profiles people across the U.S. and details how they earn, spend and give away their money.
She makes an effort to support companies and brands whose mission and practices take into account the betterment of society, not purely profit. She has worked on Rikers for 1½ years and finds the job fulfilling. She wants to continue working there, hopefully one day in management. When she was unemployed, Warwick earned extra income by taking surveys and being part of focus groups, which she still periodically participates in to supplement her income. She finds them by scouring Craigslist and calling local agencies, and she says there's a certain skill involved to being selected to participate.
They have a large kitchen, spacious living room, communal backyard and plenty of space for entertaining guests. Laundry is included in the rent, which is a luxury in New York, as is the storage space in the basement.Warwick is one of the rare millennials offered a pension at work. She takes advantage of it by contributing 4.5% of her annual salary, which comes to around $240 each month.
Warwick brings her lunch to work every day. While she could eat at the jail's commissary, she prefers to prepare her own meals and coffee.Warwick has student loans totaling around $115,000 from her undergraduate and graduate education. All of her loans are federal, and she is registered for Public Service Loan Forgiveness, a 2007 program that allows qualified government and not-for-profit workers to have their federal student loans canceled after they make on-time payments for 10 years.
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