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Living Outside of NYC

I will be starting as a full-time analyst at a BB in July in NY, and was not planning on renting an apartment in the city. My family lives in New Jersey, and it takes me an hour door-to-door to commute in the morning. I know a 2nd year analyst at the same bank whose been commuting, and he seems to be doing fine.

I have friends who'll be living in the city as well, who are willing to let me stay over if necessary. For the really late nights at work, I figure that I could just take a nap in the office.

I know I'll lose sleep, and I know it won't be easy, but according to my 2nd year commuter friend, its definitely worth it. What are your thoughts?

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azwethinkweiz's picture

where in jersey?

where in jersey?

Good luck living with mommy

Good luck living with mommy and daddy.

Teaneck

Teaneck

That sounds like a good

That sounds like a good idea. People will diss you on this board left and right for it, but the bottom line is that most of your check would have gone to rent so you'll be saving a huge amount of money. Which means you'll have more money for drinking/partying/eating/whatever.

That's true, you'll be

That's true, you'll be saving at least $1,500/month, that's a lot of money to spend on other things. Although the downside is you'll be told to go to your room if you misbehave.

haha, true...I guess it

haha, true...I guess it depends how well you get along with your parents and how much space they're willing to give you.

what about..

What about places like Hoboken or Jersey City instead of living in the city?

Working at JPM IB which is in Midtown, I think, will the commute-work be possible?

Are you going to be in

Are you going to be in banking at the BB? I've honestly never heard of anyone in banking (at the analyst level) living outside of Manhattan.

Just remember that you're going to effectively be a high school student again. I know when I'm at home for summer vacation, my parents still yell at me not to drive out late at night or in bad weather, make me call them if I'm not coming home, etc. Can you take living like that?

Also, you will have no sex life. Girls in NYC (or at least the type of girls you'd actually want to be with) are fairly stuck up. First, there's no way they'll jump on the train with you to NJ after a night out (also, I'm sure trains to NJ stops running after like 12am). And there's no way they'll keep talking to you if they learn you live in NJ (what more, with your parents). Actually, even living in Jersey City, Queens, etc. is looked down upon. Just something to note.

Also, I thought trains to NJ stopped running by like 11pm/12am? I'd venture to say 3-5 nights of the week you won't even be able to make the train home! So where are you going to sleep for those nights?

well the black car will take

well the black car will take him home if he works late

As mentioned in the previous

As mentioned in the previous post, I plan on taking a car home every night. I have a girlfriend, to whom I'm faithful so I'm not worried about my sex life. My parents are very relaxed, and won't bother me. I have no problem living with them, but I guess people don't understand that, since we have different perspectives.

My only concern is whether my ability to be a good analyst will be hindered by a long commute. Has anyone experienced commuting, or have an analyst in his or her respective group that commuted? If so, could you share?

Thanks.

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