Savings cushion as first year
When starting out as a first year analyst, or when you were a first year analyst, did you have a level (absolute or percentage) that you aimed to have saved in your bank acc?
Trending Content - Investment Banking Forum
| +216 | UBS Accused of Favoring H-1B Workers While Cutting U.S.-Born Employees | 51 | 12h |
| +109 | IB Energy Drink Tier List / Ranking | 72 | 20h |
| +103 | ONLY THESE BANKS OR YOU STRUCK OUT | 31 | 4h |
| +91 | PJT M&A Group Selection 2026 | 14 | 16h |
| +51 | Feedback for internship first desk at IBD BB - personal fit, "don't be too confident" | 29 | 18h |
| +46 | Firm Thinks I'm Lying About Offer | 18 | 9h |
| +31 | Stay at Weak Dealflow Team or Lateral? | 7 | 21h |
| +30 | Does BofA still pay its associates rat pellets? | 15 | 19h |
| +26 | Rogo AI | 6 | 5h |
| +22 | Indiana University Fraternity Pipelines | 13 | 16h |
Career Resources
I would aim to have about $10-15k in my checking account before bonuses are paid out in a year, which works out to around 10-15% of your pre-tax base salary. Most of my friends also tried to max out their 401k contribution ($19.5k I believe).
So you mean they tried to max out their 401k in addition to the 10-15k saved in checking?
I try to invest about 75% of my levered cash flow (post tax / rent) on cigs, nose bangers, and suck downs for the boys. The rest is spent on a combo of food, tinder gold, and V bucks. Planning on ripping my next bonus on new sleds and diamond stud nip piercing for my gf (she is going for a more modern goth chic vibe these days). Lmk if any questions.
Commodi maxime expedita deserunt accusamus doloribus. Eos quisquam enim quae quas praesentium. A iusto molestias voluptatem dolorem. Rerum error sequi laboriosam quibusdam libero nobis expedita.
Earum maxime veniam modi earum quia rerum quae nihil. Rerum consequatur voluptas temporibus iure ipsum aperiam. Placeat non eaque quia et iusto sed reprehenderit. Provident iusto possimus sint expedita necessitatibus dolorum. Sit enim non tempore eum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...