38-Year-Old Who Makes $58,000 A Year Shares Her Budgeting Tips
Carly DeFelice, a 38-year-old community manager from Austin, Texas, has become an expert on budgeting and saving. Known for her online personal finance course “Best Money Class Ever,” DeFelice is proof that it is possible to save money while earning an average salary.
Impressive Financial Achievements of Carly DeFelice
DeFelice, with her salary of $58,000, has managed to grow her net worth to around $400,000, and it was her discipline and budgeting skills that helped her to reach this point. By the time she turned 26, she had already paid off $35,000 in debt and saved over $100,000 in investments. Her commitment to budgeting and saving has remained consistent, and she continues to demonstrate impressive financial habits.
Saving Big on Groceries
DeFelice’s grocery spending is a prime example of her budgeting prowess. In September, she spent just $123.65 on groceries. According to her, she estimates spending a few thousand dollars less than the average person due to her strategic planning and intentionality in making grocery lists. Her secret tip is to always have a grocery list, which helps her stick to the purchases she has planned.
Budgeting Tactics on Meals and Nights Out
For DeFelice, her grocery spending isn’t just about saving at the store. It’s also a way for her to allocate a portion of her weekly discretionary budget of $120. This strict budget allows her to plan for meals and manage social outings with friends. She also uses budgeting tactics for dinner or drinks with friends, ensuring that she is intentional about spending on things that truly matter to her.
The Art of Balancing Social Life and Saving Money
Carly DeFelice has mastered the art of having an active social life while also being proficient in saving money. Her mantra is to balance experiences with her friends and the value of nurturing relationships, without overspending. For her, it’s not about depriving yourself of a social life but being resourceful and intentional in embracing memorable experiences.
DeFelice’s Budgeting Tips for Everyone
DeFelice’s financial success story and her disciplined approach to budgeting offer valuable lessons for everyone. It shows that with dedication and strategic planning, even those with modest incomes can become experts at saving.
In conclusion, Carly DeFelice’s journey to financial success is underpinned by her methodical budgeting skills and her commitment to intentional spending. Her story serves as an inspiration, demonstrating that anyone can achieve their financial goals when armed with the right budgeting strategies and a set financial plan.
I have over 10 years of experience in the field of cryptocurrency and blockchain technology. I have attended numerous conferences and events around the world, and my work has been featured in major publications such as CoinDesk, Bitcoin Magazine, and Yahoo Finance.
