I moved to the US for a new job (all amounts in USD). My monthly spending went up entirely due to travel (exploring the region and frequent visits home). I fear I'm letting my spending run away from me and getting in that trap of higher income & higher expenses. I don't want to get used to an expensive lifestyle.
I recently got a raise, and now I want to make sure I keep my spending in check so that I actually get ahead and don't squander my raise. Like Mr. Money Mustache, I think it's critical to have a high savings rate.
My take-home pay is $5,900/month, and I've tried to adjust for tax refunds, dual-country taxes, etc
Goal: save $3,000/month, spend $2,900/month to achieve a 51% savings rate.
This is realistic and very doable as I budgeted these amounts based on my long-term averages.