Unofficial guide to surviving a recession / lay-off

Thought this would be a good place to share hacks / tips around budgeting, cost effective food purchases, etc. given uncertain times. 

Cheap Foods

1. Rice, Eggs, Beans, Veggies, Bananas, Costco Rotisserie Chicken ($4.99), Multi-Vitamin Tablet --> All of these products are super cheap. I added in the multi vitamin in case you need those extra vitamins and minerals. This one could def use some more work but I think its a good base to build off of. 

Mobile 

1. Mint Mobile is about 30 dollars per month now vs. Verizon at 80-90$. 

Dating Apps

1. Remove all dating apps. 

Budgeting

1. Make sure to amortize relatively larger cash flow purchases like new iphone every two years, new computer every four-five, also add a line for "you don't know what you don't know" spontaneous purchases

Exercise

1. Cancel gym membership and get some dumbbells, resistance bands, run outside and enjoy the environment

Tea / Coffee

1. A pack of lipton tea bags is about equal to a tea you would pay at starbucks or at La Colombe coffee for a tea / coffee

Kitchen Rags

1. Way more effective than kitchen paper towels 

Tap Water Filter 

1. Get a brita water filter from amazon  

3 Comments
 

Dicta velit voluptate harum a. Quae commodi quia est accusantium quam error.

Est fugit sit eligendi sed. Et non perspiciatis eligendi sed ex reiciendis illum. At dolorem ea animi voluptatem. Laudantium id et incidunt dolor minima vitae et.

Est cum qui accusamus sunt. Itaque dolorum porro enim inventore. Reprehenderit minima aut neque veritatis.

Rerum voluptas placeat laboriosam quis excepturi. Accusantium illo ducimus aut. Cumque ducimus assumenda velit. Debitis ea quibusdam corporis velit magnam cum.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”