In our How I Manage My Money series we aim to find out how people in the UK are spending, saving and investing money to meet their costs and achieve their goals.
This week we speak to Tatiana DeSouza, 32, who lives with her parents in Milton Keynes. Tatiana, who works in tech sales, is aiming to stash away £100,000 this year. She wants to be in a position to be able to be more selective about the work she takes on from the age of 40.
Monthly budget
My monthly income: I typically take-home between £7,000 to £8,000 from my job in tech sales working as an account manager. This varies because part of my pay is dependent on targets and commission. My annual gross pay is £165,000. I can make extra if I exceed my targets. I recently increased my pension salary sacrifice, so my net pay is lower than it has been.
My monthly outgoings: I pay my parents £650 a month to help cover their bills and grocery costs. My other personal monthly expenses include: mobile, £27; gym, £22; subscriptions like Apple and Spotify, £27; critical illness and life insurance cover, £106; transport, £400; car fuel and car insurance, £150; money into my stocks and shares ISA, at least £1,000 a month; money into work pension via my contribution, £2,900; eating out and entertainment, £400; therapy twice a month, £130; clothes, £100; hobbies, £100; beauty and skincare, £150; gifts, £100; holidays, £300 to £400.
