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.
spend the salary bank the bonus
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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.
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