My wife and I are saving half of our $160,000 income so we can leave our corporate jobs in 5 years. Here's what we spend in a typical week.
- Daniella Flores and her wife Alexandra live in St. Louis, Missouri, and both work in information technology.
- They save between 40% and 50% of their pretax income every month, in part so they can afford to leave their corporate jobs in the next five years and pursue their side hustles full time.
- For Business Insider's "Real Money" series, Flores tracked their spending during a typical week.
- During the week, they spent $347 on groceries, pet care, meals out, and a charitable donation.
- Want to share a week of your spending? Email email@example.com.
My wife and I both work in IT and make a combined annual pretax income of about $160,000. We're based in St. Ann, Missouri, a municipality in the St. Louis area.passive streams of income and working on our side businesses to become financially free without a reason to need our corporate jobs anymore.
We don't have any kids but we do have five cats, two dogs, and a couple of tarantulas (OK, we have eight ... we aren't tarantula hoarders, I swear). One of our dogs, Penny, is elderly and going blind, while two of our cats are special needs, so our vet bills end up being a bit higher than most other people's.
If all goes as planned in the next five years, we'll be able to leave our corporate jobs. We won't stop working completely - we'll just be working on what matters to us. There is one thing we will miss when we leave our jobs, though, and that is the more affordable health insurance and the nice retirement match!