How This Psychologist Spends Her $110K Salary | Honest Accounts | Glamour

  • Опубликовано: Год назад

    GlamourGlamour
    подписчиков: 4,7 млн

    We asked a psychologist living in New Jersey with a $110K salary to break down everything she spends money on in a month. How much does she spend on housing, utilities, and subscriptions? What's the most expensive thing she ever bought?
    Director: Arielle Neblett
    Associate Producer: Lisa Lovalgio
    Director of Photography: Brad Wickham
    Audio: Sean Paulsen
    Cam Op: Christopher Alfonso
    Production Manager: Marilee Hodge
    Editors: Andy Bond and Paul Teal
    Assistant Editor: Andy Morell
    Post Production Supervisor: Christian Olguin
    Still haven’t subscribed to Glamour on RUplayers? ►► bit.ly/2gYlQqe

@emilye.6527 +106
@emilye.6527

I'm happy you guys are finally back to these videos.We want to see more please.

Год назад
@lindawang5649 +104
@lindawang5649

I love how she closed it with the fact that savings is not a priority for her right now. I got secondhand anxiety just watching this. She’s 45, and her money mentality was the same mine was when I was 21, except I graduated school with no debt and didn’t have kids.

Год назад
@exocodm9327 +7
@exocodm9327

To be fair she could pay off the debt in 10 years with about 3k a month and she’ll just have to budget 1.5k a month

Год назад
@lindawang5649 +8
@lindawang5649

Yeah but she’s 45. She’d then be 55 with no savings or money for retirement.

Год назад
@exocodm9327 +2
@exocodm9327

@@lindawang5649 Unfortunately yeah but to be fair this wasnt the worst i've seen someone use their money on this channel. There was someone making 15k who spent way more than this lady.

Год назад
@cookiimonst3r +8
@cookiimonst3r

She should be saving money for her kids. This is partly the reason for the wealth gap between Black folks and White. My own family refuses to invest in their kids

Год назад
@lindawang5649 +10
@lindawang5649

@@cookiimonst3r while I do agree she should be saving money for her kids, I think making generalizations and stereotyping races is unnecessary. The wealth gap is due to systemic racism, not due to individual decisions.

Год назад
@sher29bear +141
@sher29bear

It can't have been easy sharing your finances with the whole internet, and it's very easy to sit on the other side of the screen and judge! Thank you for sharing so open and honestly, I hope that you're able to move into a fairer repayment/loan forgiveness situation and are able to build a safety net for yourself and your family

Год назад
@nicolesmith9140 +82
@nicolesmith9140

This was entertaining (her personality) and hard to watch (her finances) 🤣.

Год назад
@parisjoy7875
@parisjoy7875

That’s me in a nutshell 😅

Год назад
@melz4644 +19
@melz4644

I love her 🤣 “where’s my bread??”

Год назад
@ritakay7113 +50
@ritakay7113

I think this person will be fine, but in terms of generational wealth, I’m not sure how much they’ll be able to leave their family if they don’t prioritize their debt.

Год назад
@careygrubb6649 +7
@careygrubb6649

I don't think many people think about generational wealth. I didn't start thinking about it until recently.. It's a good point! 👍

Год назад
@TheGoodylady +97
@TheGoodylady

Please do public service and enter an income based asap, I dedicated 10 years to public service and just had $ 278,000 forgiven . I strongly recommend.

Год назад
@sabrinatatalias4277 +10
@sabrinatatalias4277

what was your avg salary during those 10 years roughly vs what you could have made elsewhere

Год назад
@mariacruz-iz6ux +2
@mariacruz-iz6ux

private and public loans, or only public??

Год назад
@Crystal_w +83
@Crystal_w

Love that you chose an educated, black woman, who is a single mom, and has an amazing personality!

Год назад
@pg9566 +84
@pg9566

She's making terrible money choices though

Год назад
@taiynam +6
@taiynam

@@pg9566 definitely

Год назад
@jasminecontreras7341 +4
@jasminecontreras7341

An educated black single mom that is terrible with her money. Not a good role model for us and most of us just got secondhand embarrassment/worry for her

6 месяцев назад
@Reticence9zen924
@Reticence9zen924

She doesn't have credit card debt though - it's usually a wiser way to live.

3 месяца назад
@shannonhutchinson4084 +30
@shannonhutchinson4084

I notice that many of these purchases are retail self care. I would suggest a real look at how much that adds up to. This could add up to a fruitful retirement, especially when you are already late in establishing a nest egg. Note to all, therapist have issue too they refuse to look at. No one is perfect.

Год назад
@avril14thlove +184
@avril14thlove

Girllllll oh my goodness. The lack of urgency around tackling your debt is really concerning. I don't mean to be a negative Nancy but this woman is in a dire financial state and doesn't seem to see that. Between the minimal savings and nearly HALF A MILLION dollars of student loan debt, I really worry for her kids. I'm sure on some level she's checked out to cope with where she's at, but she doesn't only have herself to worry about. She has a fair amount of disposable income to throw at the debt, and should be putting in a minimum of 10% of her salary to a 401k or Roth. Please help yourself!! The interest on those loans will only continue to skyrocket.

Год назад
@Annie-ij7ym +4
@Annie-ij7ym

I agree .

Год назад
@supreme_zeeyus +4
@supreme_zeeyus

Pin this!!

Год назад
@SharonHF +15
@SharonHF

Agreed. She has less then 1 month’s income in her retirement, and no rainy day fund..while making 6-figures. She seemed way too unconcerned about those loans, and if she were to move to the public sector to get forgiveness on them how she was talking about, her income will take a hit i’m sure she’s not prepared to handle either.

Год назад
@tasneemahmed5821 +16
@tasneemahmed5821

And the way she said she's paying off $37 in portions cause "she learned it in business school". Girl you have bigger things to be worrying about

Год назад
@FunandBudget +14
@FunandBudget

For me it was the lack of urgency in saving up some money - like $4K a month leftover and she said she keeps it in her checking so that she can just spend whatever she wants when she wants (uh...that's what I heard...LoL)

Год назад
@Nooneknows59 +58
@Nooneknows59

The terrible part of this is seeing her getting a Doctoral degree, cause I’m sure that’s the bulk of her debt, but in the psych clinical sector, it doesn’t add much to salary.

Год назад
@lidyasolomon5557 +56
@lidyasolomon5557

Yo I want to be a psychologist, but not that way. I have a bachelor’s, and I’m 30k in debt. My plan is not to exceed $100k in debt for my PhD.

Год назад
@nllee7051 +6
@nllee7051

I got a masters and got in so much debt and in my career and job you don't need a masters to move up. Having that student loan debt hurts alot even when I was trying to rent my own apt. Everyone above me has a bachelor's and just have the job experience. Higher degrees don't correlate to more pay and I feel I was sold that lie. I just wanted to give you my 2 cents since I'm in the STEM field.

Год назад
@lidyasolomon5557 +2
@lidyasolomon5557

@@nllee7051 thank you and what specific field in stem?

Год назад
@wl3062 +2
@wl3062

Unlike masters where students take out loans to pay for tuition, if you get accepted into PhD programs, your tuition is paid for and you get a $20k-$30k/year stipend.

Год назад
@lidyasolomon5557
@lidyasolomon5557

@@wl3062 yup FACTSS

Год назад
@nllee7051
@nllee7051

@@lidyasolomon5557 sry just saw this today. I'm an engr and it bottle necks at the top alot. So it gets hard to get pay increases as you go up. So the only option is to job hop but in this Industry job hopping can also black ball you with certain companies cuz it means you don't stay around long enuff and they can prolly get someone cheaper than what it would cost them to train and retain you. So I feel like it's pretty much not worth it especially if I know for a fact I have coworkers that earn more than me and are not engrs....I'm also not asking for a mountain of money but salary that makes sense for the cost of living. I've been in this industry for 8 yrs and job hopped 4 times.

Год назад
@tenningale +27
@tenningale

45, basically no savings, almost $400,000 in debt... Realistically, it's going to probably take her about a decade to get her net worth out of the negative range if she commits to paying off the loan. Interest is brutal when it kicks back in, she has to try to get her income up, and then retirement will be right around the corner, still with no savings.

Год назад
@lindawang5649
@lindawang5649

She makes six figures. Her income is fine.

Год назад
@tenningale +12
@tenningale

@@lindawang5649 The problem is the ratios. At her income, she should be able to save $3,000/mo to put on the loans (maybe a bit more if she cuts back). $3,000 a month into $371,000 is more than 10 years. Then she's 55, still with no savings. That's really bad. To melt the debt faster she's going to need to make more money.

Год назад
@softwareblade9550 +5
@softwareblade9550

$108k in income is definitely low for someone $371k in debt. If she could gross $200k, she’d net about $137k in NJ. If she lives off $4k each month, that could be $90k on the loans, or just over 4 years. Would make a big difference for her financial future if she could get her salary up.

Год назад
@bloodmusthaveblood +3
@bloodmusthaveblood

@@lindawang5649 nothing about her situation is fine

Год назад
@huanita +20
@huanita

The lack of safety net with her budgeting scares me 🤯 I hope she gets to tackle her debt soon

Год назад
@_almondjoy +7
@_almondjoy

I really love this segment! Keep them coming! Helps me to keep my finances in perspective.

Год назад
@MsREILife +5
@MsREILife

Omg I love her...she is too funny 😁 she said: "sir , there are too many apps for you to be late."

Год назад
@vivathecat7052 +19
@vivathecat7052

Sis! You talked a lot about self-care in this video but you are neglecting one of the most basic necessities of self-care. You worked so hard to give it away on crap. Please re-think this, you're only 45 there is still time to course correct.

Год назад
@theoriginalr7310 +1
@theoriginalr7310

Yes this! She is doing self sabotage, not self care!

3 месяца назад
@aletsiaha +18
@aletsiaha

@Glamour - I love this type of videos, please bing them back on more regular basis :)

Год назад
@kitkatbar37 +7
@kitkatbar37

she wastes a lot of money (eating out, expensive outfits and beauty products) while not putting a cent towards her debt HOPING it gets forgiven. 10k getting forgiven is not going to help her.

Год назад
@cyankirkpatrick5194 +25
@cyankirkpatrick5194

You're being honest with us thank you. You're going to get a lot of backlash but this is what you know, everyone has different views on how to budgeting, but I hope that you can figure out what you need to do.

Год назад
@OzWiingsLLC +4
@OzWiingsLLC

Now this is honest...i loved it!!!

Год назад
@taiynam +61
@taiynam

4000 In savings? Is this real

Год назад
@Carla-om3vt +18
@Carla-om3vt

I had twice as much saved up when I was 20. This is crazy😂💀

Год назад
@taiynam +12
@taiynam

@@Carla-om3vt No fr. She needs a financial advisor

Год назад
@prabhsangha1639 +15
@prabhsangha1639

I love her personality 😂

Год назад
@sabrinatatalias4277 +58
@sabrinatatalias4277

she makes more than enough to pay off her loans fairly quickly then you all think. the fact she's barely investing as well is worrisome for her age.

Год назад
@jadewalker1355 +10
@jadewalker1355

Not really. 110k after taxes is like 70-75k. She still has living expenses, so even if she aggressive with her debt repayment, she can only pay maybe 35-40k a year with her current salary. She needs some side hustles.

Год назад
@HT-pl8du +1
@HT-pl8du

And she has kids! If she has 300k debt, how much are her multiple children's going to be?

Год назад
@Mchelle723 +4
@Mchelle723

I love these soo much

Год назад
@CassieAngelica +7
@CassieAngelica

Solid content! Very useful!

Год назад
@deetee609 +11
@deetee609

this is crazy!

Год назад
@digitalarteffects
@digitalarteffects

Love these videos!

Год назад
@iwannaquit6200 +3
@iwannaquit6200

ayyooo!!! A fellow Bayonnite!!!! yasss sis! Jersey represent!!!

Год назад
@Useyournoggin32 +2
@Useyournoggin32

It’s always those telling others that they have problems who are the real problematic ones themselves.

Год назад
@Pravin_Yeshua_BTC +10
@Pravin_Yeshua_BTC

She was fun to listen to. ☺️

Год назад
@sumanbhave6441 +18
@sumanbhave6441

People don't have financial problems, they have priority problem.

Год назад
@jwho4273 +10
@jwho4273

If you already have an established practice in the private sector I don't see how beneficial it'd be to go back to public for a paycut to POSSIBLY qualify for loan forgiveness. Also wouldn't an income based payment method be more expensive??? She needs to focus more on paying it off and thinking of retirement especially at 45

Год назад
@HT-pl8du
@HT-pl8du

Especially with 2 kids who prob need to go to college soon!

Год назад
@anahansen8909
@anahansen8909

As a therapist in training... this gives me a high-level anxiety to see. Not prioritizing a retirement or emergency fund, especially with a family would, for me, be terrifying.

3 месяца назад
@jasminej.524 +4
@jasminej.524

tbh I totally forgot this was about personal finance! This echoed my childhood--- growing up eating Cinnamon Toast Crunch and Pop Tarts on the go and washing it down with Sunny D! And yes, my mom made me and my sister dress alike... cringy at the time but now I miss it 😊

Год назад
@user09000 +4
@user09000

this is why I don't really want children. They cost so much, especially to have 2 of them. Imagine making 100k and being single with no kids? Awesome.

Год назад
@VanessaSilva-mk1of +1
@VanessaSilva-mk1of

more states please !! art jobs too :) love these vids

Год назад
@ArianneMcD
@ArianneMcD

I love her personality 😅

Год назад
@randomsarcasm2022 +1
@randomsarcasm2022

Thank you for sharing! Good gracious at that student loan amount! Do you qualify for PSLF? Can you get rid of the car and use public transportation? A healthier diet would cut down on your food budget. Get rid of Amazon.

Год назад
@careygrubb6649 +14
@careygrubb6649

The fact that she said "my children love processed food" and chuckles.. In my opinion, it kind of discredits her as a Psychologist. Nutrition is an important tool in in helping heal or elevate your brain. As a psych student it makes me cringe..

Год назад
@alessiopasquali4239 +2
@alessiopasquali4239

I live in Bayonne. I wish I knew who she was and where she is.

Год назад
@markjcraft +3
@markjcraft

her charisma reminds me of wendy williams

Год назад
@shaniseb4 +2
@shaniseb4

Earning six figures is a luxury and a privilege that one cannot afford to take for granted with that being said here's some helpful and very doable advice... cut down on these two items immediately (utility costs and subscriptions) try shaving off at least 25% in utilities and 50% or more in subscriptions... (the price you're paying is astronomical wasteful and unnecessary)... please do yourself and your child a favor and tuck away $2000-$3000 or more minimum towards your savings each month build an emergency fund and shop less.... I was cringing the entire video and I suggest getting those student loans cut by 50% or more and meeting with a financial advisor... money management and financial literacy has got to be talked about especially in the black and brown communities... this video was so insightful and made me want to challenge myself more and take full ownership accountability and reevaluate some of my own decisions surrounding money management monthly expenses and future goals... best of luck on your financial journey

Год назад
@dalagamble3164
@dalagamble3164

That student loan debt 😬. For me I hate owing I’ll be trying my best to erase that.

Год назад
@TheGoodylady +1
@TheGoodylady

How does one get featured on this show ??

Год назад
@yellag3096 +2
@yellag3096

Black women being this educated and in debt this much is not a wise money decision. Choose a field if going that route that pays well this is crazy we have to stop thinking in this manner I see far too many of us falling in these education loan traps

Год назад
@unuks9731 +3
@unuks9731

Guys she's living the american dream

Год назад
@snicholson8884 +15
@snicholson8884

congrats to her. but. please stop throwing away black wealth.

Год назад
@sarahsandoval32 +3
@sarahsandoval32

That’s soooo much debt to just make 110k. I make more money and didn’t have that much that debt. I did make it a purpose to pay 50K off. I didn’t want that holding me down.

Год назад
@cookiimonst3r +2
@cookiimonst3r

2 Masters and 1 Doc and only making 110k??? I make 115k 3 years into my career in tech. Switch lady!

Год назад
@thereserafols3066
@thereserafols3066

woah im very early

Год назад
@dynamichunter843 +1
@dynamichunter843

I commented a lot on graham’s video on this, but maybe she should get a refund on that “business school”. And she wants loan forgiveness. Lmao

Год назад
@Tw0HOT4Tv
@Tw0HOT4Tv

This is terrible 😞

11 месяцев назад
@Fashion_With_Tamyia +19
@Fashion_With_Tamyia

I love her personality, bring her back for something, idk what…just something 🤎🤎🙌🏽

Год назад
@chantalintonte7610 +2
@chantalintonte7610

I need to hear @graham Stephan take on this

Год назад

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