<prompt> Human: I recently got a job with decent pay 54000yr, and will be on my own for the first time in my life. Im 22 years old and a recent college graduate. Ive got 28,000 in student loans at 6.8 and just purchased a new car for 18,000 at 4.9. I made a spreadsheet of all the expenses Im expecting. I really have no idea how accurate my figures are, so any guidance to more accurate figures would be appreciated. Ive asterisked all of my expenses that are set in stone. Ive also assumed that 25 of my pay will be taken out in taxes. Net mo income 3,375.00 Rent 700.00 utilities, cable, phone, and internet included Car 330.00 Car insurance 145.00 Food 400.00 Phone 50.00 Fun stuff 400.00 Loans 320.00 Gas 100.00 401k 8 360.00 Leftover: 545.00Ill be getting a 5,000 signing bonus to start which Ill be using to pay off the debt Ive accumulated before my first pay check security deposit, 500 in credit cards, moving expenses, etc. Ill be using the rest for home supplies such as cooking supplies, glassware, and new work clothes. Right now Im dead broke 1,000 in the bank but 1,000 on the credit card.Obviously I plan on paying off my student loans before paying any more than the minimum for my car payment. Im also not sure if I should bother with my 401k for my first year they match half up to 8 after 12 months of employment.Does anyone see any flaws in my expense estimate?Also, an unrelated question: is it possible to get a loan from a bank at a lower rate than my student loan, then pay off my student loan with the new loan? Is this basically what refinancing is?Thanks for any input! Im very nervous about this and any criticism or encouragement is greatly welcome.  <response>: I suggest setting aside some money for savings. 3-6 months of living expenses I believe is good. 