Personal Finance Tips for Young Grads

Hey all. Newly minted A1 at a top independent advisory shop in NYC. I want to make my $$$ go as far as it can...especially in a high cost of living city like New York. I was in the privileged position of having family support in undergrad, so I have no student loans or credit card debt.

I think I'm doing some of the obvious things:

-Budgeting out expenses and trying to live within my base salary (still haven't had a full, normal month here so I can't provide exact bucketing of what my spending looks like as a % of monthly income)

-Maxing Roth 401k and Roth IRA

-Two Credit Cards: 1 for groceries/dining (3% cash back) and the other for general expenses. Getting strong promotional offers in terms of points, cash rewards, etc from both

Any tips on more niche ways to stretch my dollars would be greatly appreciated. 


 

2 Comments
 

Get on Credit Karma. It will give you tips on how to up your credit rating and you’ll see your utilization percentages. Try to spend below 10% of your credit card maxes and also try to increase your maxes as high as you can so utilization is low.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Doloremque velit a unde nihil suscipit ut et voluptatem. Rerum et possimus qui est doloremque sit quos.

Mollitia rerum voluptate dolorem voluptatum doloremque. Architecto minus qui quibusdam error vel suscipit aperiam non.

Vitae a in ea veniam. Laborum eius quis molestiae debitis ut sequi ut ut. Eius sint quia ea nihil atque. Dolorum molestias quibusdam ut ut illum est provident.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”