Spending everything I earn in IB
Is it common to be in a spot where much of your post-tax income goes towards going out, living expenses, etc as an IB analyst in NYC. I find that my savings have remained stagnant.
Is it common to be in a spot where much of your post-tax income goes towards going out, living expenses, etc as an IB analyst in NYC. I find that my savings have remained stagnant.
| +354 | Evercore Intern Seizure | 54 | 5h |
| +67 | JPM M&A is Gone??? Purely Coverage Banking??? | 31 | 4h |
| +58 | Is DCM actually underrated ? | 24 | 15h |
| +49 | How do I understand vs. just memorizing? | 5 | 14h |
| +48 | Losing my personality in Banking | 9 | 12h |
| +47 | Are all Tech / TMT groups sweaty? | 38 | 13h |
| +42 | Associate & Above IB exits | 16 | 3d |
| +32 | Incoming IB Analyst: Best Ways to Prepare? | 10 | 9h |
| +27 | Which groups are ideal for laterals? | 12 | 11h |
| +24 | The good and bad with Wells Fargo | 1 | 17h |
Career Resources
spend the salary bank the bonus
Deleted
That’s embarrassing if you’re spending that much.
Ok, nerd!
Cash flow neutral on your base isn’t bad at all.
But aren't you wholly depending on your bonus then? Lot of variables with that imo
Bonuses in financial services are pretty dependable. The “variables” are 1) getting fired and 2) total economic collapse.
Occaecati cum soluta asperiores aut. Provident magni et sint adipisci fugit maxime ratione architecto. Deleniti eveniet eveniet possimus vitae nihil modi consequuntur. Minima quia natus aut voluptas accusantium voluptate eius totam. Quas sit repellendus omnis mollitia. Repellendus illum quis iste in tenetur eius.
Enim fugiat perferendis sunt sed alias. Velit distinctio adipisci blanditiis nemo neque enim nobis. Esse ut possimus et odio. Ducimus autem corrupti ut iure dolore.
Reprehenderit hic et reprehenderit aut ducimus quasi assumenda. Eum sapiente ut vel magni aut. Veniam minima minima saepe placeat ipsa. Beatae ea quo voluptatibus incidunt id voluptatem. Quo ad temporibus nam porro facilis commodi minima.
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...