Welcome to The Pickup’s Money Journal series, where we (anonymously) snoop on our Tulsa neighbors’ finances. Want to be snooped on yourself? Fill out our Money Journal submission form, or email Matt Carney at matt@thepickup.com. Thanks to our pals at Racket for sharing this format with us.
Job: Attorney
Age: 34
Neighborhood: Midtown - Patrick Henry area
Education: JD
Estimated annual income: $133,000
Partner's salary: N/A
Dependents: No
Estimated net worth: $75,000
DEBT
My mortgage is $238k (at a 6.99% interest rate 😢) and I have $94k in student loans (6.25% interest!! ugh), plus $1.5k on a furniture credit card (no interest promotional purchase).
ASSETS
I own a house (valued at $248k - $280k on Zillow) and a car (small SUV, paid off). I have a 401k-equivalent account ($118k), a health savings account ($10k) and a high-yield savings account ($18k).
MONTHLY INCOME
I take home about $5,700 from my job after taxes and retirement contributions and usually get about $50 in interest income per month from my HYSA.
MONTHLY EXPENSES
Mortgage: $2,050
Student loan: $850 (sadly, this is coming due again in a few months after an extended forbearance)
Discretionary — restaurants, bars, Amazon shopping, travel etc: averages about $1,000