Does it make sense for you to pay your student loans faster rather than saving 63% of your income? Depends on if your estimated percentage gain from investments is smaller than the interest on your loans. Long shot but maybe it helps you in the long run!
Is “market crash” so you have cash on hand if the market dips?
I like it! I would add a bar to show Total Compensation just like you have one for Available Savings. Then it’d be easy to look at the delta to see total savings too.
Your 401k contribution isn’t a source of income. Is there a reason you included it in that section? I agree with including an employer match.
![[OC] Monthly Budget Waterfall](https://www.europesays.com/wp-content/uploads/2024/07/uol5e9uel3fd1-1920x1024.png)
6 comments
I like this format better than a sankey
What did you use to make this chart?
Does it make sense for you to pay your student loans faster rather than saving 63% of your income? Depends on if your estimated percentage gain from investments is smaller than the interest on your loans. Long shot but maybe it helps you in the long run!
Is “market crash” so you have cash on hand if the market dips?
I like it! I would add a bar to show Total Compensation just like you have one for Available Savings. Then it’d be easy to look at the delta to see total savings too.
Your 401k contribution isn’t a source of income. Is there a reason you included it in that section? I agree with including an employer match.