<prompt> Human: I live in NY and work in NJ...Im potentially moving to a new apartment that will cost me roughly 1,200 a month. After taxes and taking out 7 for my 401k, I got around 1,200 in take home pay in my last check which is paid every other week. With one other roommate, Im going to just assume that utilities will be an additional 100, plus my metro fare will be another 100.Taking home 2400 a month, with fixed cost of 1400 a monthfood variable. I also try and put 5,500 in my Roth IRA every year.And just for additional info, Im super lucky and have no student loans because my parents were able to pay for school for me. They also did not charge me to live at home while I was interningworking from home. So they saved me a ton as I also have 16,000 in my checking account.Im currently 24, and the way I see it, if I budget myself correctly, I could probably go through a Calendar year still contributing the max in my 401k, Roth IRA and go down in my checking account by 1,000.Is that poor money management? Or is it somewhat respectable since I am maxing out on the 401k and the Roth?  <response>: Paying 50 of your take home pay in rent is very likely going to lead to a paycheque-to-paycheque lifestyle awfully quick. 