I am looking for summer housing and found a place where I could pay $3,100 for a triple shared dorm room that is a couple streets away, or live with family that is a 45 min morning commute for free. (Seeking sublets because the dorms aren't the best but struggling to find a place.)
This past summer I stayed with family, and commuted the 45 mins but had to be in at 9am so I didn't mind. This summer I'm in S&T and will be in much earlier, probably 7am?
I know junior summer is important, so I want to live closer to save time. Is the longer commute worth it? My family thinks it's not, but warming up to my "investment" spiel. Thanks!
$3100 for 3?
or $9300 for 3??? wtf
Why did you say you could pay $3100 - do you mean $1033 - that’s not bad. You should do it. Where in NYC is it?
I know it's absurd, but that is the cheapest I've found so far. Its $3,100 for 9 weeks/ whole summer in a triple, so the uni is making bank. NYU is a bit more for about $3,600 for 9 weeks. I'm trying to find a sublet where I get my own room for about the same price but it's difficult to match people on different leasing and move in/out dates. Location by Flatiron
9 weeks for $3,100 = $1,378/mo - that’s not too bad - sounds standard.
Check Craigslist temp/short term housing ads and you might find something better. But, having a whole room might be more money. I’d check out the East Village - you’d have a fun summer living there.
Neither of those are all that shocking to be honest. If you have the money, I'd definitely pay $3,100 to $3,600 over a summer to cut an hour a day, or 5 hours a week, or 45 hours over the nine weeks, of commuting and missing things out of the equation.
You should spend your time going out, not commuting.
On a Sales and Trading desk you cannot be late at all. When you have a stressful day or want to go out with friends, you'll want to be as close as possible to where you work. Do the 10 min commute.
In a similar situation, although IB not S&T, and decided to sort of bite the bullet and and pay for a 10min commute place that is also a single. Will not be cheap at all ~$6k total for the summer, but I figured the return on investment of of a FT offer versus not clearly trumps $6k paid now and honestly the time saved does count I've heard.
Yeah the truth is it’s better to be safer than sorry and you can always save money as a FT. If the point of junior summer is to make money (trying to save as much as possible) then you are making suboptimal decisions that have 100x negative return in the long run. You make enough to cover, so you should spend it to
10 Mins commute all the way. It's twice a day, you can basically fit in a gym session with that. It's a no brainer.
More benefit to your social life if you pick 10 minute commute, as well as getting to work on time.
Do the 10 min and thank us later.
Not even a question. Shorter commute.
No Debate shorter commute. Your goal is ultimately landing a FT offer, and the rent you pay this summer will be pennies compared to what you pay for rent. 9 Weeks for $3,100 is about $1,400/month give. is nothing compared to what you'll make FT in S&T (possibly 6 figures depending where you work).
You absolutely need to build a good rep to get the return by getting in earlier than the other FT workers, getting face time, leaving last, and doing good work. One late day or consistently showing up later than other FT workers will give you a bad rep. and cost you the FT offer.
Inventore et consequatur voluptas sit. Reiciendis saepe voluptatem quod numquam consequuntur. Optio rerum dolorem pariatur quaerat placeat asperiores est. Sint distinctio veniam ipsa nostrum. Accusamus ut adipisci illo aliquam in vel.
Enim et quos non aut dignissimos dignissimos. Quidem sint delectus eius id. Laborum repudiandae libero repellendus accusantium voluptates nostrum.
Qui eos atque libero quis ut earum. Cum eveniet consectetur harum tempore ab nemo. Aut quis labore qui dolor natus.
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...