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how to earn $100,000 -here's how they spend their money

 Bukola Ayodele, Roy Patterson, and Brieonna Johnson sleep in different cities and add different industries, but they need one thing in common: All three are all millennials who make over $100,000 a year.


CNBC Make It previously interviewed Ayodele, Patterson, and Johnson for our Millennial Money series, which profiles people around the world and details how they earn, Spend, and save their money.


Here's a glance at each of their monthly budgets, also as their mindsets toward money.


Bukola Ayodele makes over $200,000 a year

"I confirm that every single month I'm allocating a touch little bit of money to hit my long-term goals," says Ayodele, a 25-year-old programmer who works in fintech. She makes $210,000 per annum and lives in NY City.


One of her goals is to become financially independent, keep with the hearth (financial independence, retire early) movement. She hopes to eventually earn enough of her investments to hide all of her monthly costs, albeit she chooses to not retire early.


Ayodele is in a position to save lots of $7,625 monthly. She contributes $42 to her health bank account, $1,583 to her 401(k), $2,000 to a high-yield bank account, and $4,000 to an account.


The rest of her salary goes toward housing, donations to her family, food, beauty, clothes, transportation, subscriptions, and utilities.


Roy Patterson saves thousands per month

Roy Patterson may be a 31-year-old IT project management lead at Cigna Health who lives in Philadelphia and makes $118,000 per annum.


Patterson spends around $6,000 per month, $3,111 of which he puts into savings and investments.


Patterson's biggest splurge is on skincare, which he considers a key part of his self-care routine. His product of choice: Biologique Recherche Lotion P50, which costs quite $100 for an 8.4-ounce bottle.


In total, Patterson spends around $630 a month on discretionary expenses, including travel, skincare, clothes, and entertainment.


More from Invest In You: The smallest business owners are excited and confused by PPP rules as priority window opens back women bear the brunt of monetary pain from pandemic, CNBC + Acorns survey finds the ultimate retirement planning guide for 2021


Brianna Johnson travels back and forth between two cities

Brianna Johnson may be a 29-year-old live-in nanny who makes $175,000 a year working in both NY City and Atlanta. Before the pandemic, she flew back and forth between cities hebdomadally.


"Usually I work seven days straight in NY City, then in Atlanta I'd work anywhere from three to 5 days," Johnson says. Her boyfriend works for an airline, which allows her to fly free on standby, but if she ever has got to wait quite a couple of hours for a flight, the family she works for in NY will cover the value of the flight.


However, since the pandemic started, Johnson hasn't been working directly with the NY family. She was placed on paid leave and continues to earn her $130,000 base salary. She also earns $30,000 a year from the family in Atlanta and $15,000 per annum as a travel nanny and a newborn child specialist.


Each month, Johnson puts away $1,925 of her salary into savings, split between a Roth IRA, Simple IRA, and Digit. She's also aggressively paying off debt; another $4,325 goes toward her student loans and MasterCard debit.


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CHECK OUT: Here's the credit score you would like to shop for a home via Grow with Acorns+CNBC.


Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.



This post first appeared on Online Earn Money With Very Easy Tips, please read the originial post: here

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