Alexis Howard is making serious cents with her money-saving hacks.
The San Francisco resident, 28, says she’s saved a small fortune by living on a budget of just $50 per month. The TikTok user has also accumulated a legion of followers by sharing her financial story on social media, leaving fans stunned by how she manages to get by in one of the most expensive cities in the world.
, admits that the $50 per month budget is for “nonessentials” such as clothing, coffee dates and Ubers.Still, Howard says she manages to have an active social life with her thrifty $50 and sometimes doesn’t even spend the entire amount.with her followers recapping her spend for the month of July. Howard, who has been on the $50 per month budget since the beginning of the year said she spent just $41 on non-essentials in the 31 days of that month. “When starting this challenge, I knew that summer was going to be the hardest season to trek through,’ Howard divulged. “So I’m a bit surprised that now is when I managed to underspend, especially given I was extremely busy in July,” she admitted.The content creator continued: “But what’s most interesting to note was that I felt my $41 was best spent on memories with friends rather than materialistic things.”Howard went on to break down exactly what she spent her money on in July, saying she splashed out $14.66 on ice cream for her and her friend. She also forked out $8 on a cup of tea during a “night out,” $10 on a cover charge for pal’s birthday, and another $8 for a rollercoaster ride. “These purchases affirm two things for me,” Howard explained. “One is that you don’t have to ditch your social life when you’re on a budget.”
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