How One Teacher Spends Her $69,000 Salary | Honest Accounts | Glamour

[@ChemistrywithDrB]

$640 IN RENT !!!!! That's truly amazing for NYC! As she said, she def. lucked out on that.

[@LilySkye]

"I always spend more than I think at Target" - a statement every teacher has said! Love this video, as a teacher, I can relate.

[@LilySkye]

Also I kickbox and do it regularly!

[@nannibunni]

I beg to differ. EVERYONE spends more at target than anticipated! 😂

[@beatricerights]

Where in Brooklyn do you live?

[@livg6219]

My mom’s a teacher, growing up we always spent hours at the dollar section 🤣

[@IllinoisTrafficAttorney]

@@nannibunni I agree. I don't understand why anyone goes to Target. It is stupid expensive for what it is.

[@TheBemused]

Good for her for getting her living expenses low! That's SO important in a city like NY. Assuming she doesn't have any debt, which is amazing, getting more serious about her savings/investments will take her a LONG way! - Akeiva

[@bdavis6450]

These series are very interesting to see what women with different ages and occupations spend their money on. Helps me to realize what I can cut back on with my own expenses.

[@Youtubing5999]

That woman who rents her house is amazing!! I love that

[@HousePetMarla]

I like how any time these are posted everyone in the comments becomes a professional finance planner lol.

[@addicted2saving203]

Anita Bee 🤣

[@drchristinaalicia]

Lol

[@brittstime3470]

Lol right

[@chikipichi5280]

Doesn't really take much to be one

[@user-gs2lc7vr7p]

Please more women of color! And African-American women! Thank you for this!

[@nicolesmith9140]

I would like to like this comment 10 times.

[@rawaserwan5463]

Why

[@nicolesmith9140]

Why what? I'm guessing you all are not a POC to question the statement made. This comment is no way discriminating against other races lol. I thought they were expressing that it would be nice to see more diversity in these types of serious. Not that deep

[@tiffanyreid9710]

@@benchoflemons398 what? Omg you're ridiculous.

[@tiffanyreid9710]

@@benchoflemons398 and yours is very ignorant. Grow up troll.

[@Rooted_Locs]

why do all these people who make a decent living put soo little into their personal saving accounts? you are literally paying yourself (it's like having two pay-days), don't be stingy, show you some love!

[@kgal1298]

That's lower income in NYC that's why, but yeah she probably could stop ubering and put more into savings.

[@ihama99]

$23000 isn't small. How much do you have in yours

[@IllinoisTrafficAttorney]

@@ihama99 It's important to parse out what that means. For instance, my family has many state workers and those deductions are often automated. Truth be told, she is spending a lot of money she really shouldn't be. Spending $2,000 per month (after expenses discretionary income minus savings deposit) is a lot. It sounds like she doesn't have any debt so she is good on that front. That is spending $67/day. Her current housing situation is temporary so her expenses are set to increase (the family friend said the stay would be temporary). She should be socking away much more with that very low rent IMHO in anticipation for her eventual move.

[@Pacers148]

@@ihama99 23k at age 27 is literally awful. I am 21 and already have 13k

[@vishalprasad7298]

@@Pacers148 Could say the same thing about having 13k at 21. Currently 19 with 12k, on track to have somewhere in-between 18.5-20k by the end of the year.

[@IshanAli]

I would love to know what a millionaire spends!!!! Please make it happen

[@laylaabuobeid6290]

bro i see u everywhere

[@paceline]

I don't think I want to know. It's only gonna make us depressed.

[@armistice2358]

Read Rich Dad Poor Dad and watch kzbin.info/www/bejne/mIXbgJ2CqZhjhc0 if you really wanna understand wat im talking.

[@sbkpilot1]

I don't make a million but I make twice what she makes and my monthly credit card bill is less than a third as long as hers! And I live in Southern California!!

[@cohenfromdiscord2551]

it depends on how you would define millionaire. there some persons worth 1M+ both have a relatively fixed income. So there spending habits are pretty predictable not ISNANE. On the flip side for high-income earners that make 1M/yr depending on their debt to income ratio ... they spend on WHATEVER they legit want. Most of the lavish spending habits are often within very niche specific things. Like someone who is CAR nerd or who is a hype beast will spending ALOT more of their income in those specific areas. Also depending on the size of the household ... allowances are often a monthly expenses to several persons , children, brothers/sisters etc.

[@kymberlycourage]

“I went out and bought a planner because I need to get my life together”. Me and you both sis 😂😂😂

[@melissamcclain34]

She makes really good money for a teacher and seems pretty wise with her money even though I would probably put more into my savings

[@ablargh]

Melissa McClain lol no she isnt who makes that much and only puts $300 a paycheck in savings

[@victoriahale5254]

ablargh it’s not that much money. It’s prettt much entry level for a college graduate

[@daisyokpa]

victoria hale that depends on which field you’re going into after college. and you need a college degree to be a teacher...

[@dbstewart86]

It's not bad my numerically, but it's not super high in relative terms. For instance, that's basically 35k in Dallas in terms of cost of living.

[@kgal1298]

@@victoriahale5254 in NYC. Not sure where you guys live, but a lot of people leave college and only make 32K. When I started in LA I made 28K in 2009 and now I'm in the mid-60's. Also keep in mind she's a teacher in NYC meaning that's almost not even middle class there she got so lucky with the housing it's ridiculous.

[@christina2071]

Wtf??? 4 years of teaching and she makes 69K? THIS should be the average. Not the teachers in my state (NC) who have master's degrees and 20 years of experience and make 45k.

[@Mariemgt123]

She works 12 hours days though, so I don't know if that's a factor? If she works a 60 hour week, that only works out at 22.11 hourly.

[@icebreaker3469]

Cost of living is 3x as much in nyc than North Carolina

[@inframinced6698]

I heard recently that starting in NYC is 60k minimum for all teachers.

[@leilanidru7506]

it's charli baby I don’t know if 12 day is the average but the high cost of living may play a factor too.

[@beatricerights]

True. I have 18 yrs and make 106 k. plus over time.

[@sallyg8491]

Does anyone else do an internal monologue of your own episode after watching one of these? I do every time.

[@liamcullen1357]

no

[@candy2325]

Emily Geraghty yes! I sure do lol

[@abigailsoto9600]

Everytime

[@pinksquiggles88]

This series is so interesting to watch. Seeing how completely different women spend/save their money. Makes me feel like budgeting my money afterwards! Love it.

[@FrankLenolds]

Basically ladies are different... 😍 I appreciate ladies cause my mum spends all making sure we have a bright life 😢..... Please appreciate your parents if you still have them with you 😔..

[@ShanaGreen]

This is my favorite episode of this series! I'm happy to see her highlighted on her. She inspired me to think about how I can get my rent that low! Good job!

[@iwannaquit6200]

Awesome!! Maybe she's a teacher at a charter or private school. Not sure if public schools pay for Ubers for teachers...but if so..kudos to NYC public school system! I would like to see one with someone trying to become debt free, whether they have student loans, credit card debt and so on....

[@EnigmaticallyErin]

KUDOS?! You think I want my tax dollars paying for some bitch's Uber?! This is what is wrong with our country.

[@frannypie.]

id say most of the ladies featured have some form of debt they're paying off so try looking through some of their old vids :)

[@ladysnowsu10]

Erin McKelle calm down erin it isnt that deep. Teachers deserve more than the $69k they get a year, the least you can do is shut up about uber rides

[@admagnificat]

@@EnigmaticallyErin As a public school teacher myself, also in a large city in the US, I have never heard of such a thing. Maybe she works for a high-end private school or something.

[@volitionant9682]

jaebumrage teachers are paid their worth. They don’t deserve anymore than an average salary. Good teachers though, which are few and far between should, in my opinion be paid more.

[@Y_Canada]

She seems like a smart and successful young woman! I hope she accomplishes all her dreams while keep being smart with her money.

[@whatever3041]

Her rent is fairly low then why is she saving so little every month?

[@Alumnikiid]

@What Ever ...Honestly i would flip the savings and spending. So spend $300 and save $2200. Thats $75 to spend every Saturday which is enough to enjoy with friends. Gotta take advantage of that low rent to save for house/condo.

[@estefany913]

My favorite salary video so far

[@beatricerights]

Me too but, it's probably because I'm a teacher.

[@sydniemartin8843]

idk i feel like if someone’s giving you such a low rent so that you can succeed you should be putting more in your savings. the 300 to 2200 proportion seems really off to me

[@mfstarr1]

I would be at least 1200

[@ellieburgess1375]

Sydnie Martin it’s not ur money

[@sophia4christ]

Sydnie Martin I agree. She needs to save a lot more. It's not everyone who's blessed to pay such a low rent n NYC of all places.

[@zetadoubleu]

the general rule would be 20%, so around 700 she could be saving and still have plenty to spend on old navy clothes and the nail salon lol

[@tinawelch2545]

@@ellieburgess1375 Right, just her opinion

[@WestExplainsBest]

Thank you Glamour for showing the profession some love and giving Teachers some much deserved attention. Your counter parts at GQ and Vanity Fair should take notes.

[@love8412]

I live in NYC, same salary, my rent is double hers, and yet my saving is more than hers (401k and personal) she spent way too much on non-essential expenses.

[@leilanidru7506]

Still pretty reasonable tbh.

[@beatricerights]

While I do agree she could save more. 43000 saved at 27 is really not bad. I'm also a NYC teacher and i'm about 20 years older. i'M a saver but I know a lot of people older than I am with a higher salary that have nothing saved. She's doing ok.

[@kgal1298]

@@beatricerights I think what people forget is that most of America is in debt. What is it like 65% of the US population doesn't have 500 in savings for an emergency? This is why I love the Personal Finance Subreddit tons of tales of bad luck with money, but also a ton of tales on how to get out of debt even if you are a 17 year old about to be kicked out of your parents house because your about to be 18. Sadly happens a lot.

[@volitionant9682]

She could easily reach millionaire status by retirement if she lived frugally. But she won’t.

[@Neil542]

@@beatricerights she saved 23000

[@JuaniqueVerde]

Can you link your landlord tho? #seriousquestion

[@ClassyPrissy27]

JuaniqueVerde 😂😂

[@kgal1298]

I love that idea though having housing set up for younger people that just need to be there for a couple of years, though it probably breaks a few housing regulations in larger cities like NYC I'm not sure though I know in LA landlords can't or aren't supposed to rent places based on age or anything like that, but it's still cool.

[@crystalmathmatics]

$640 rent omg I'm so jealous... Been looking for a 1 bedroom apartment in Crown Heights, BK and running me about $1850 total for my boyfriend and I :-( You go girl!

[@exposinggamin9928]

Crystal Math get rid of your problem (boyfriend )

[@sidneyasiegbu]

@@exposinggamin9928 A typical misandrist. Having a partner share the apartment makes rent cheaper if both of them are paying it. But of course you had to be toxic and blame it on the man as always.

[@LittleMissRockChalk]

I'm a young teacher in a HCOL area too. More power to her for scoring a reasonable living situation in NYC. I'm very on top of my finances, so I put about 45% of my net income into savings. Paying myself first is the most important thing I do with my money.

[@lilbabygroot]

$2200 blown every month on discretionary spending sheeeeesh

[@Sarah-o3v]

That's my whole income per month!

[@JadeCampbell40]

What a amazing young woman. She is doing pretty well. I love watching these videos with young people very inspiring.

[@volitionant9682]

Yes, inspiring in the sense I know what not to do.

[@vegmeout69]

Interesting. Seems like a lot of unnecessary spending. She makes enough to save AT LEAST 25%+ of her income. If she handles her money right. She can stay at the place she's at now and save enough for a down payment on a coop/condo by the time she's 30.

[@Chasmofmisery]

Girl did you just say fisherman's cove? Shoutout to flatbush/canarsie!!! This is an awesome video!

[@lydiagracecote2912]

Can you do an accountant/CPA?

[@onedacangonji7464]

Yes! That would be awesome

[@bonsaikiss]

How much do CPAs in NYC make?

[@cherbeaulieu]

Love these videos, she has a real hold of her finances and she’s right experiences not things. The first of the series I can really relate to.

[@victoriahale5254]

I like things. I’m ehh on traveling . To each their own

[@Akashaxx2]

I am so happy to see this comment.... I was very confused with how many people were upset about how much many she isn’t saving 🤔

[@niac9568]

I’m a 4th year teacher in Alabama making 45k a year. If I could make this much I’d have all the money saved ! Especially with her limited living expenses.

[@rubymars5493]

The rent is nice! So affordable

[@leilanidru7506]

In New York too!! Wonder if it’s a Roomate situation because NY isn’t exactly famous for its affordable cost of living.

[@rubymars5493]

@@leilanidru7506 I know haha, I'm living in Bay Area. The rent is crazy too!

[@leilanidru7506]

Ruby Ling omg. God save ur soul....and wallet. Are u a millionaire? Whenever I here someone tells me they live in Cali especially San Francisco or LA I think extremely rich or homeless and struggling. Same w/ NY and manhattan.

[@rubymars5493]

@@leilanidru7506 Nah haha I wish I am!! Came here because of job relocation and better job opportunities..... I might go back to the east coast in the future haha. The cost here is truly insane.

[@leilanidru7506]

Ruby Ling I hear that. yea those opportunities come with an eye watering standard of living to match. Cali is literally its own country at this point. Gotta find a middle ground sis. Doesn’t have to be Utah or Idaho. I live near Houston and stuff is relatively reasonable around here with lots of opportunities. Wherever u go and whatever u choose to do, good luck to ya😁😊👍🏾

[@katekay]

Everyone’s so mature - she makes 69,000 dollars.

[@SAma-qp1xf]

Kate Mc im confused

[@insertusername4079]

glw wn they’re talking about the meme

[@EwYoureCringe]

She should ask for a $420 annual raise

[@congsun9641]

Can you show someone who works in financial industry next time? Thank you!

[@chaennie7421]

Glad she spends her money lol, based on these comments it seems everyone wants her to save everything for a future that she didn’t tell you she wants

[@naturalbamagirl]

vivian and they probably have very little savings...she saves and that’s more than most can say...geesh...she’s spending HER salary the way SHE sees fit

[@magicworld3242]

You're doing a good job. Just keep an eye on the small spending. They can add up really fast.

[@perfectlycreated28]

Yes! Doctor who and Old Navy fan!👐🏾 I can definitely relate

[@heyitsfatyma]

For those of you who don’t know. Teachers in New York are one of the best paid teachers in all of United States. I believe NY is in the top 5 coming in at number 2 after Alaska. Oklahoma comes in last. So she’s definitely going to get way more money with tenure.

[@indivee]

That’s not true. I teach in CA and I make close to 100,000 teaching for 10 years. It just depends on the cost of living.

[@heyitsfatyma]

Indi Jane Well I did say “ONE OF THE MOST.” California is also a state that pays their teachers a lot as well, I would know too since I am also a teacher in California. & cost of living DOES NOT matter. The state of Hawaii has a very high cost of living and even with 10 years and a doctorate degree the most we will ever make is about 70k a year.

[@indivee]

Fatyma E obviously you don’t know what cost of living means. 70k is still a lot because Hawaii is more expensive. That is why the teachers in Alabama are making a lot less because it’s cheaper to live there.

[@Melissa-ht2fp]

@@indivee What grade do you teach and the highest education one has to have?

[@sa5624]

Is it normal for americans to spending so much money on nonessentials? This lady spends $2200 after rent and utilities, but only saves 300 is this normal for her income level? Two thirds of her money goes to nonesentials. Doesn't seem like shes taking advantage of her living situation. More like shes over spending because of it. Seems crazy😫 also cook people.

[@thisyearsgrl88]

Agreed

[@tahajidedes5567]

Alot of us Americans over spend on eating out even when we can't really afford to unfortunately. Myself included.

[@marissadvi]

@princeasante1 She started by stating her budgeting practices are practically nonexistent. While I do agree her spending is frivilous, I would love to know how you arrived at this assessment for an ENTIRE RACE of people.

[@beatricerights]

Me too. I save and invest every month. Only a moron would use stereotypes.

[@trinklern]

princeasante1 What an asinine assumption. 🤦🏽‍♀️

[@grospipo20]

Glamour you need to do one of these with a pre/during covid comparison

[@Jonilee4292]

Her voice sounds like Azealia Banks’.

[@blankculture]

LMAO!!!!!!

[@cris_here]

$27,000 in TAXES?!

[@DanielasVideoDiary]

Loved this!

[@clarar2547]

My housemate is the same with her house, she has six rooms. I pay for a room as someone who is just beginning my career.

[@candyb2900]

This series is inspiring me to really itemise my expenses like this down to the smallest thing and really see where my money going.

[@watchmesave4912]

How is itemizing your expenses going?

[@nimotakikearikawe8386]

Thank you so much for this. So good!

[@faithcote9331]

Thank you for doing teachers! If you ever want another one, I’d love to be on this show! I live in NC 🥰

[@africajourney2182]

I want my salary to be on here! How do I sign up?...after quarantine of course.

[@MsSassyMT]

I love these videos.

[@tidwell222]

She’s a teacher and her job pays for her Uber’s?????? This cannot be public schools

[@rumNberries]

I needed this video. 🙌🏾

[@ALXSSA]

I aspire to be just like her!!! She has so much in savings and retirement! I think she should splurge a little even though she could be saving more, she's doing better than a lot of folks!

[@morganirvine2327]

only pays $640 a month in new york city?!?! my god is she lucky.

[@paceline]

This one was okay. The expenses could've been grouped and categorized instead of lumping everything under "other expenses". Also is it normal for folks to rely on Uber so much? Is the transit system that bad now?

[@twice_velvet]

uber is usually cheaper and public transportation sucks. also in places outside of big cities public transportation isn't a frequent thing so uber/lyft is necessary

[@carnival30]

no thats not normal. The transit system is the way its always been. She is just overspending on Uber.

[@valerietan9304]

She earns $3,534 and spends $2,267 for the month...

[@belevitt1]

Apologies if I missed the point, why do you purchase trip insurance on your flight? Is this a sound financial decision? How frequently does it get used/how frequently does it actually pay back the money spent?

[@traciej.taylor2001]

I buy insurance on every trip. I have had to use it twice. In a freak accident, I ruptured my Achilles’ tendon on a Saturday and was supposed to be getting on a flight Monday to leave on a cruise on Tuesday. I got all of my money back except the $69 cost for insurance. Then, last month we had flights to Miami for a few days around Valentine’s day. Something came up and we had to cancel. Because I had insurance, I have a credit with the airline for all but the $29 cost of insurance.

[@SajalGurung]

I wanna see for UK, it would be interesting

[@culturedloser3224]

a really good episode

[@CT-lt7kp]

Man, she spends a lot! I earn less, have a higher rent, and I'm probably taxed more (over 35% where I live) and I still save 1.5k$ a month!!! She certainly has a lavish lifestyle... It's a pity not to save more when her rent is so low in New-York...

[@carressa]

I love these!

[@carnival30]

I think people are confusing her savings and think she has $23,000 in savings when really she only has $2,000. The rest is in a retirement account she cant touch. Her only liquid assets are the 2k. At the savings rate she's going, she wont even have enough to put down first months rent and security when she has to move.

[@thecookingnerd8384]

How much does she spend on health care? Is that taken out?

[@MyahWorld]

I would save her "spending money" and spend the $300. She could have so much money saved by now =(

[@CT-lt7kp]

True. It's ridiculous !

[@88dolphingirl88]

Omg how did she make her budget spread sheet

[@andysok06]

how old is she?

[@cncgaming3457]

Should easily be putting $2,000/mo to savings!

[@twice_velvet]

people like to actually enjoy life

[@thisyearsgrl88]

Yes she'll be kicking herself later. Investing is the key to building wealth!

[@taryn.b]

@@ILive2Smile so you'll be joining the millions of people who aren't prepared retirement and have to live off of government pension which is barely a livable wage. No thanks.

[@tracilewin4659]

@@thisyearsgrl88 She's young, she has a decent amount saved so far. I'm thinking maybe she can go to dinner, and get her nails done and be happy now and still save like she has been doing. But, then again I am not a financial advisor, and I sure should be saving alot more than I do lol

[@MrPratt54]

@@tracilewin4659 if you think having saved 23k is good at her age, you are extremely wrong. It is not a good enough to rate to retire with a comfortable amount or at least a secure amount. She's gonna be screwed. All that Old Navy is gonna cost her thousands in the long run. Best of luck living a good old life .

[@ssfrostyk8366]

She spent $2,264 in discretionary a month....What are you thinking? She is going to go broke later in life. If anyone hasn’t noticed, she had more than 17-20 charges on her credit card on 6/18/18....

[@aljm81]

I like her. She spends too much on food though. Definitely doesn't need to pay for that budget planner either.

[@thatlovegirl12]

She has such an inviting personality

[@emmabennet888]

"Fandango - $35...I hope that was Doctor Who!" a woman after my own heart

[@francescap2340]

I love her!

[@UpsNdownZZZ]

I signed up for a kickboxing class when I was in high school and I think I went maybe 2 or 3 times then was like nahhh...

[@camrynbengle3963]

💖love this

[@taryn.b]

Girl! You have a decent salary you could be saving so much more. Sounds like if she budget for food and entertainment she would find that she would have a lot more money left over to put away.

[@tracilewin4659]

Well, I think she is trying to get a better grasp on her budgeting. She did say that in the video.

[@himedokoka]

I just noticed that these are "ATM and debit card transactions"? If you are disciplined, I would recommend getting a credit card for those reward points back.

[@joshf-w9602]

People saying her budget is sensible surely don't live in the real world. The old budgetary rule of thumb is the 20/50/30 rule meaning 20% savings minimum, 50 essentials maximum and 30% discretionary spending maximum. Her ration is more like 8% savings, 29% utilities and 63% discretionary spending, she's spending more than double what she should be! People see 23k savings and think wow but the majority of that is in a retirement fund she can't access. Only 2k in actual savings is nothing, I mean if she were to move out for whatever reason $2k wouldn't even cover the bond and 1st month rent that you normally have to pay up front. At her current rate of saving it'd take her at least another 5 years to even afford an average 2nd hand car let alone registration and insurance.

[@blackqueentyra4705]

I love this omgggg

[@alanb6196]

Starts off by claiming to spend more on experiences than things, then 90% of her purchases are things....

[@martyna1628]

That would be awesome if when they finish speaking Dave Ramsey comes out

[@Snarkulous]

Teachers get reimbursed for Uber??

[@KnockoutInvesting]

Half of her check goes to taxes and retirement wow

[@brendaderanger414]

How do all these people find such cheap rent?

[@danieldelacruz7305]

Wow she has a lot of savings with that salary and she pays very cheap for rent. Teaching is a rewarding career but the salary sucks and the rents in nyc is high, so the salaries can’t match to it what’s gunna happened when that house gets sold she will end paying at least 1200 for a studio plus utilities if it doesn’t come with that.

[@Mama0322]

I would love to see this with couples

[@chibi168]

I think she also receives a defined benefit pension through NYSTRS so that will supplement her 23k in savings. She's a smart gal and her good attitude shines through in her voice.

[@ReddingRed]

She is not a successful budgeter and she does live a lavish lifestyle.

[@olyvia2292]

“I got a planner bc I needed to get my life together” same girl same

[@lidyatesfahannes6127]

When your early but don’t know what to say

[@OIKAOU]

*nice*

[@sophiaatn5339]

I love her

[@Buaastroctyes]

Shes smart how she spends her money! Great job!

[@SueEmmDee]

I hate the gambling (at poker) but at least I haven't heard any outstanding debt so far.

[@audrey5159]

This is way more than most teachers get one of my teacher only got 24k a month 😭😭

[@mzzzzzzday]

69k? how long has she been teaching? oh 4 years lmao. that's why i was like!?!?!!?!??!

[@tomboydee3326]

Best video made so far she did good

[@morr9998]

Taxes I'm NY Crazy

[@rosevampire3755]

A teacher in the UK will laugh at you if you suggest they even make 30k a year. They make way less than that.

[@himawaricindy]

Conversion rate?

[@twice_velvet]

she lives in new york so she makes more than what teachers normally make in smaller states or towns

[@djones2183]

lol bruh convert that and its like 50something k, you need to be middle management and more in the uk to even come close to sniffing that

[@twice_velvet]

D Jones it's not 50 it's about 39

[@djones2183]

​@@twice_velvet xe currency converter says its 52, almost 53,000?

[@noelalex1]

Geez America is expensive