How to survive on 24 000 dollars a year in New York

The average income of a resident of the New York district of Brooklyn is $ 55 150 per year. Freelance writer Anni Irish said that it helps her to live at half the amount - $ 24 000 per year - in one of the most expensive megacities in the world.

Фото: Depositphotos

1. I track every dollar

It’s a headache to monitor the movement of money in my bank account, so I use mobile apps like Mint and Quickbooks. This is important because income is variable. I also need to pay taxes once a quarter. Account balance helps make everyday spending decisions quotes Anna Sravni.ru.

2. I have a reserve fund

Every month I need to pay phone bills, utilities and pay $ 950 for a room in a three-room apartment (I rent it with a neighbor). I also save 10 – 15% as savings for the future. This is my airbag, which saves in low-income months and in emergency situations.

After all the expenses, I still have $ 600, but sometimes they don’t. In such months, I refuse parties with friends and other expenses. This is important for my financial stability.

3. I spend almost nothing on entertainment

With a small income, it is important to learn how to spend the least on entertainment. I often invite friends to dinner in a format where everyone brings some food with them. It saves time and money on cooking. I also go to free concerts and museums where I don’t have to pay.

4. I compare food prices in stores

I try to buy food for myself and my rabbit no more than $ 75 per week. Products in New York are about 39% more expensive than other states. I cook most of the food at home. You have to spend time going to the shops and to the farmers market to compare prices and buy products at a bargain price. But the savings are worth the effort.

Фото: Depositphotos

5. I am always looking for a new job

The best way to afford more is to increase revenues through new work. For example, I find small companies and I propose to manage their social networks. It is beneficial to me and them. So I support local business.

I also diligently perform work for existing clients - it is important to be responsible, sociable and respect the deadlines. People like it, and they recommend me to others.

6. I'm getting ready for low seasons

Several years ago, I determined that in my work as a freelance writer, “low seasons” occur when there are few orders. For example, midsummer and holidays. I came up with a plan that allows me to avoid a shortage of money.

The main thing in it - the diversification of work. In addition to writing articles and supporting social networks, I also write and edit resumes. I also worked with agencies that provide temporary employees - this is a good backup option.

Read also on ForumDaily:

How in New York to go to the doctor for free and without insurance

How to survive in New York single immigrant

US cities 10, which is difficult to survive with a salary of $ 100 000 per year

Wikipedia of life in New York: how to survive a newcomer in the capital of the world

Los Angeles is too tough

Do you want more important and interesting news about life in the USA and immigration to America? — support us donate! Also subscribe to our page Facebook. Select the “Priority in display” option and read us first. Also, don't forget to subscribe to our РєР ° РЅР ° Р »РІ Telegram  and Instagram- there is a lot of interesting things there. And join thousands of readers ForumDaily New York — there you will find a lot of interesting and positive information about life in the metropolis.