Not sure if you’re referring to data source or the actual tool.

Tool: https://sankeymatic.com/

Daily finances tracked using PearBudget.

It’s not a union in the traditional sense you’re probably thinking of. Most, if not all, government workers are represented by a union.

The goal is to get into a house where I can rent out 2 of the rooms to help out with the mortgage. My income will increase 5% every year (until capped out) with additional salary adjustments based on the negotiated bargaining contracts from the union.

Weird. Based on that calculator I’m projected to owe $3500!

> I used to say, “It’s fine with us as long as you capitalize on the opportunity to save some $$.

^This! I feel like American culture shames people from moving back home. But it’s totally okay and even encouraged in others.

It was intended to show a data point of a unique situation. You see other charts on here of very high earners, low savers, high savers, low earners, and a combination of these. This is just somewhere in between.

I wasn’t expecting a particular type of engagement. Just wanted to present some data.

I see how this can be generational wealth after you clarified. In my mind I always saw that term applicable to those around me who came from affluent families. I’m talking about Ivy League educated families whose children never had to worry about getting into college or being able to pay.

The struggle is real! 🤷‍♂️

No I don’t, which is primarily why I’m able to save so much. The grocery figure was only for a couple of months when they were out. A more accurate figure would be $150-200 which is what I was spending when I lived on my own.

No my parents aren’t wealthy but the house is paid for and they still work part time. Again it might be a cultural difference but they insist on me saving everything I can towards a house of my own. They won’t accept my monetary “contributions”.

Sorry if this rubs you the wrong way. I was simply just trying to show a data point. Not meant to representative of anything.

This is definitely not generational wealth. Parents immigrated to the US in the 70s with barely anything and houses back then were around $100k. They worked hard and chipped away at the mortgage like every other working class American.

Goal is around $200k. I live in a high COL area so anything under $1M would be a win. Realistically 3b2ba for $7-800k would be nice.

I’m not sure there’s anything else I can change. I file as single and can’t claim anything else.

Sorry, it wasn’t my intention to rub people the wrong way. Just sharing a data point. Again not representative of any group or anyone. I should have added the “living at home” part in the title.

Those were out of pocket expenses I had to pay this year not covered by my dental or vision insurance. I have traditional health insurance too as shown in deductions. Had a couple of immunizations but those were all covered with no co-pay.

I do in non-monetary ways. Cook, clean, house maintenance etc. My parents still work and really want me to focus on saving for a house of my own.

Haha I mean everyone’s got their vices….some maybe a little more expensive than others. Also happy cake day!

It truly is the biggest expense for most people. I have a 20% down payment for my high COL area but the bidding wars have been quite crazy. It's not uncommon for folks to be outbid $50-100k last minute. I want some wiggle room with the extra cash on hand + 20% down.

I never said this was typical (far from it!). Just a millennial, not a typical one. When I was living on my own groceries/eating out were around $150-200/month.

Yes. 2 factors behind the low costs:

a.) I'm on a remote-centered work schedule meaning I only have to commute to the office 1x/week.

b.) I drive an alternative fuel vehicle, specifically a compressed natural gas (CNG) vehicle. Typically CNG is 1/3-1/2 the price of gasoline. When gasoline spiked to over $5 or whatever it was, I didn't even blink. I was filling up for around $1.89/gge. [Filled up for even cheaper in March/April for $1.26/gge and $1.30/gge]. A "full tank" of gas costs me me $7-10 and gives me 250 miles of range.

I also track my driving/fuel-ups for the year and here are some numbers.

• 2022 Total Miles Driven: 4832

• Total Fuel Cost: $234.55

• Cost/mi: $0.049

https://sankeymatic.com/build/

You have to set up your inputs like this:

// source [AMOUNT] Target

When I was living on my own, I was spending between $150-200/mo on groceries and eating out. I'm a simple man. 50 lb bag of rice, bulk spinach, chicken thighs, and eggs goes a long way.

>be sure to get your parents something real nice down the road :)

You know it!

Don't worry, we all eventually pay our dues. Mine will be in the form of a 30 year mortgage :/

Haha, what gave it away?

lol...I don't see it

I see a long wavy scarf though!

Fuck you too pal! (jk)

I'm in a very unique situation, but I understand not everyone can move back home (or stand it for that matter). It's got its drawbacks but I digress.

Created using SankeyMATIC

Backstory: I moved back home with my parents mid-pandemic (hence why there's no substantial expenses like rent and food). This chart doesn't include my investment or retirement accounts. It also doesn't account for ~$950 of miscellaneous expenses I didn't want to categorize. My goal right now is to stow away as much cash as I can to hopefully purchase a home towards the end of 2023 (or if/when there's a major economic downturn).

I've been tracking my expenses for years using PearBudget. It's an app/service now but you can find the Excel template with a quick Google search, which is the one I use. My expenses were already categorized in PearBudget so it was a matter of summing them up for input in SankeyMATIC.

A few things stood out to me after seeing the visual representation of my finances.

• Uncle Sam has his hands deep in my pockets (lol). I file as single so that's kind of to be expected.

• I don't eat out that often. It was interesting to see that the handful of dates I went on this year comprised ~30% of that expense! Dating is expensive (and emotionally draining!)

• Emergency dental visits suck! Had a crown come out and had to get that fixed/redone. Brush your teeth 2x/day, floss, WaterPik, etc. people!

• In an age of subscription services galore, I somehow only still have one.

For clarification:

• Luxury goods are exactly that. A designer brand wallet, sunglasses, Tactile Turn pen, etc.

EDIT: Ah crap, I accidentally left out 1 month of pay. Spending figures should still hold true. Revised the savings. Revised chart for those curious.