Ever wondered how your neighbors spend and save their money?

 

*Names (and doors) have been changed to protect the identity of our user. 

 

Teresa

 

Age:  28

Interests:   Reading and travel

 

Show Me

The 

Money!

 

*Below are screenshots from the Defend Your Money app.

 

How I spend my money

 

About a weeks worth of credit card charges

 

I use the Chase Sapphire Reserve credit card for my discretionary spending.

 

I use a Southwest Rapid Rewards credit card to pay my bills. 

 

I travel a lot with my work, but I like having money set aside for my personal travels as well.  I get triple points on all my travel expenses.

 

It's nice having this money set aside so it is there when I need it.

 

How I save my money

 

This is where I keep the money I'm saving for large upcoming expenses.

 

My monthly retirement contributions:

 

$640.00

 

Estimated value of my investments at retirement:

 

How I organize my money

 

I either invest this money or put it into an account that needs a little boost.

 

I'm self employed and my income varies.  But after taxes, I generally make just over $4,000 each month.

 

Separating money into different accounts is the easiest way I've found to manage my finances.  I don't know why more people don't do this. 

 

Defend Your Money gives me more control over where my cash is going  and puts me in the driver's seat.  I love it!

My money tip:  The best time to invest is as soon as you have a little extra money.  And the only way to have a little extra money, is to plan for it.  So MAKE A PLAN!!