Her Philly

A lifestyle blog for young women dining, shopping, playing & living in the city of Philadelphia.

  • About
    • Behind the Blog
    • Meet Emily
    • Disclosure Policy
  • Chit Chat
    • Philly Girl Life
  • Dining
  • Living
    • Moving to Philly
  • Playing
    • Travel
  • Shopping
    • Gift Guides
    • Emily’s Amazon Favorites
  • Shop my Instagram Stories
  • Contact
    • As Seen In
    • Work with Me
    • Get in Touch

May 18, 2016

The Budgeting Life

So, I’m turning 27 this week. With the realization that entering into my “late-20s” requires a little more financial know-how than I was previously capable of in my mid-20s (& because my student loans just truly never seen to go down), I began the hunt for someone to advise me on my finances. A financial advisor, if you will.

As I mentioned in my winter life update, I’ve been checking out LearnVest for quite some time. Their mission (& this is not a sponsored post, I promise, kids) is to change the way people think about money. I’ve heard LV’s founder, Alexa von Tobel, speak a few times, and she, in an incredibly intelligent way, makes the whole money thing sound pretty important to figure out quite early in your adult life. LV is big on giving you small tasks you can tackle slowly over time, so I thought it wouldn’t be too overwhelming, and was worth a shot.

Budgeting for young women

I signed up for LV during a promotion and paid just over $200 (in 3 installments) for my Action Plan. To continue using the paid features of LV, the commitment is $19 a month. After sharing the details of all of my debts, savings, and everything in between, I met virtually/over the phone with my financial planner, Justin, and walked through it all. This call included, naturally, a whole lot of recommendations for saving for my $$ goals, investing in my 401k, and paying down my loans. However, all that money going somewhere requires a little sensibility in the spending department.

At the end of our first call, Justin crunched some numbers and presented me with three budgeting options. The LV budgeting strategy involves “one number” that basically encompasses everything. Groceries and restaurants, gas and Ubers, Anthro and CVS, if you’re not budgeting for it ahead of time, it all goes here. I went with the middle option, $223/week, and was given a few weeks to practice. And because I personally love reading posts like this, I wanted to share how those weeks went with you.

Now, a few things to note before I dive into these digits. First, my full time job offers a pretty huge perk of catered breakfast and lunch on the daily. This saves me a ton. Second, I went on vacation in between these two weeks, and no one can be expected to say no to a $40 Mickey Mouse sweatshirt in Disney, especially when he’s doing a pose that closely resembles your favorite emoji. I’ll be starting with my full budget of $223 and subtracting from it as my week moves along.

Week One (4/15 – 4/21)

Friday: Coffee, breakfast & lunch at work. Went on a date at Tequilas for dinner, my date generously paid. {$223}

Saturday: Made breakfast at home. Attended The Blog Connect during the day, which was already paid for. Took Uber home, $3.67. Attended the Spoonful Mag Spring dinner as a guest. Cab to the event because my shoes were high, $5. {$214.33}

Sunday: Went to Flywheel using my monthly membership. Laundry day. Spent $18 (in quarters) on many loads. Made breakfast & lunch at home. Ordered dinner from The Greek Lady, $28.50. {$167.83}

Monday: Coffee, breakfast & lunch at work. Made some Amazon purchases, $55. Went to Flywheel. Ate leftovers from last night for dinner. {$112.83}

Tuesday: Coffee, breakfast & lunch at work. Ugh, will be stopping for gas later and I’m going out to dinner on Thursday, this is getting rough. Scored a $100 Starr giftcard for $80 from a friend. Stopped for gas on the way home, $24.82. Walked to the Philly ChitChat website relaunch party at City Tap House Logan, donation $5, glass of white wine + tip, $7. This puts me slightly over budget my first week. Made dinner at home. {-$3.99}

Wednesday: Coffee, breakfast & lunch at work. Walked to Talula’s Daily for their Secret Supper. Used my Starr giftcard + put the remaining on a giftcard from Rittenhouse Dentists for referring the most humans the previous month. Walked home. Stopped for necessities at CVS on the way home, $6. {-$9.98}

Thursday: Coffee, breakfast & lunch at work. Made dinner at home. Flywheel class. {-$9.98}

Week Two (5/6 – 5/12)

Friday: Coffee, breakfast & lunch at work. Flywheel with the monthly membership. Got delivery from SliCE, $26.63. {196.37}

Saturday: Flywheel. Picked up my dry cleaning, $23.45. Uber, $4.28. Brunch and beverages at Khyber Pass Pub, $29. Walked over to the South Street Festival, bought a double alcoholic lemonade, $8. Picked up my ticket for the Birdy concert at the TLA box office, $25 (but luckily I’m budgeting for concerts separately, so this doesn’t come out of my “one number”). Slightly buzzed grocery shopping at Whole Foods on my way home, $45. {$86.64}

Sunday: Mother’s Day Brunch at Lucha Cartel, Dad paid. Went to Art Star Craft Bazaar. Bought some greeting cards for $15 and earrings for $25. Drove to NJ for more Mother’s Day fun, free. Got gas on my way home, $14. {$32.64}

Monday: Coffee, breakfast & lunch at work. Flywheel. Still working through those pizza leftovers for dinner. {$32.64}

Tuesday: Coffee, breakfast & lunch at work. Flywheel. Made tacos for dinner with groceries. {$32.64}

Wednesday: Coffee, breakfast & lunch at work. Snacked when I got home. Went to see Animal House at The Roxy, $12. They had beer samples + I brought two brews from home, free. {$20.64}

Thursday: Coffee, breakfast & lunch at work. Made dinner at home. {$20.64}

So there we have it! A two week look inside the money life of me. Though, yes, my first week I was slightly over budget, I have the flexibility to make up for it the next week, which I did! If you all liked this type of post, let me know, and I’d be happy to continue with some more weekly budget fun. xx

Related Posts

  • Philly Girl Winter Life {2016}Philly Girl Winter Life {2016}
  • Things I Love Right Now Things I Love Right Now
  • Happiness in 2015 // Her PhillyHappiness in 2014
  • The week of a Philadelphia BloggerA Week in the Life
  • What I Learned At Philly Tech Week 2014What I Learned At Philly Tech Week 2014
  • My New Year’s Resolutions My New Year’s Resolutions

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to email a link to a friend (Opens in new window)

Posted by admin 7 Comments
Filed Under: chit chat Tagged: budgeting, learnvest, money

NEVER MISS A POST

Hi! I'm Emily, a Philly lady on a quest to discover everything lovely, exciting, affordable, and beautiful about my city.

HER PHILLY, DELIVERED!

Join 331 other subscribers

What’s Hot on Her Philly

The 10 Hottest Men Wearing Philadelphia Jerseys Right Now
Curvy Size 14 Amazon Swimwear Try on
Having the Perfect Eagles Party this Season
Philly Girl Gift Guide 2014

Good Day Philadelphia

HP on the Gram

I still don’t know how to use reels but - we’r I still don’t know how to use reels but - we’re ginger again, bay beeeee! Trying to channel some vintage single Emily vibes. 😉 Thank you @kori_withthegoodhair for the fresh shade. ❤️ 

#njblogger #phillyblogger #njhairsalon #njhair #gingerlife #southjerseyhairstylist #southjerseyadventures #freshhair #capemaycounty #lifestylebloggers
Come take a peek inside the brand new @thirdlove C Come take a peek inside the brand new @thirdlove Center City store! #MyThirdLove #ThirdLovePartner 

I was so excited to hear ThirdLove opened a store on Walnut Street because, as much as you guys knowwww I love a good online shop & try on, bras do give me a bit of pause when I haven’t been measured in store. The new Philly location gives us truly the best of both worlds. 

If you are looking for a reason to shop, ThirdLove is offering Her Philly gals 15% off with code EMILY15 - either in-store or online - now through 2/15! Get those Valentine’s Day goods! 😘

Keep watching to see my experience with my incredible fit stylists & which ThirdLove bras were my favorite. I know a lot of you are fans of the brand - any pieces I must try next?! 

#phillyblogger #curvyblogger #njblogger #centercityphilly #phillylove #thirdlove #brashopping #walnutstreet #lovephilly #whyilovephilly #curvyconfidence #plussizeblogger
Happy 1st Birthday to my best little buddy. 🐾 Y Happy 1st Birthday to my best little buddy. 🐾 You bring me so, so much joy. 

Thank you for joining us to celebrate, Tanta @linnybrice & Ellie girl! We love you. 🖤 

#njblogger #tlcrescuepa @tlcrescuepa #adoptedpuppy #southjerseyadventures #puppyboy #dogbirthday #1stbirthday #curvyblogger #chihuahuamix
Load More... Follow on Instagram
PHLBloggers

Shop my looks

Shop more of my closet on Poshmark

Theme by 17th Avenue · Powered by WordPress & Genesis