Should I Get An Airbnb/Apartment For An Upcoming Virtual Internship?

Hi everyone,

Thanks for reading this.

I have an upcoming ER internship at a bulge bracket for 8 weeks. Total compensation is ~17k for the program including sign-on.

I'm currently living with my parents and 2 siblings and I have the upstairs bedroom with bath to myself. I'm thinking about moving out to be more focused during the program. Should I? Airbnb or 1 Month rent is about 2k in my area. I'm willing to move to a different city or state in the same time zone too.

Thanks

16 Comments
 

Nice 

"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
 

In a similar situation. I decided to stay home to save cash, be near family, friends, and long-time girlfriend. I also saw an opportunity to get a few things for a desk setup/invest some more. I will say that if you were going to be in a city where things are "normal," then the experience and opportunity to move could be really unique. Each situation is different but just my take. Best of luck!

 

Stay at home. You can concentrate on your internship and securing that return offer.

Frankly speaking, given the intensity of these programs I doubt that you would profit from being in NY that much. 
Make sure that you do good work, schedule sufficient jerk-off networking calls with your dreadful superiors and exercise in the meantime. 

 

With WFH you probably won't get a meal stipend. That's 8 weeks of relatively long hours, but also cooking for yourself, grocery shopping, every shore, etc. all by yourself. That on top of paying the 4-5k for rent. I wouldn't bother. You have your whole room to yourself with a bathroom. I'm assuming your mom will cook for you, at the very least for dinner. 

Some people are saying to go to NY because those 8 weeks you can explore the city and enjoy your time. Here's what I recommend instead. At the very least you're looking at 5k in expenses. Devote 5k at the end of the summer before you start, or if there's not time, then during winter break and next summer before you start FT, and travel. Not much is open now, but for 5k you can live like a king in Mexico and/or Colombia. Go to Costa Rica and splurge on adventure activities. Or save until next summer and do a kickass vacation in Hawaii, Europe, wherever you want when everything is reopened. The experience you'll get out of that will be 10x better than exploring NY in the little free time you have during your internship, and wasting time doing stuff you'd get provided for you at your parents' house. You'll be in NY when you work FT anyways, just move in early and have 2 weeks to explore the city if you want. Or do stuff on the weekends when you're working FT.

 

If you can get pussy, absolutely find an AirBnb or apartment. U only have so many situations like this in life 

 

I think you'd be insane to move to the city for it. Your goal should be to secure a return offer and there's going to be a pretty big ramp up in workload that you likely haven't experienced before. You'll have your entire senior year ahead of you to do whatever and that 5k will go way farther in your college town in a few months than losing it all in on absurdly overpriced and overrated food, drinks, and rent in NYC. You'll also save more from just miscellaneous other things, assuming your parents will cook/clean for you or whatever makes things a lot easier overall no brainer, but maybe if your home situation isn't a very good environment or your relationship with parents isn't good then it might be better to go elsewhere

 

I am actually gonna go against a grain and say that I would atleast slightly recommend it. My internship started virtually but I still got an Airbnb for the summer in the city of the internship. Just found out today that they are opening the office up and that we can go to it if we choose to do so.

I would say even if there’s a slight chance it switches to in person, I would get the airbnb. In the long run the 2-4K you spend on the airbnb won’t matter but going to office can make all the difference in getting a return (even if they say it doesn’t matter).

 

You'll be much less focused without your parents around.  You have to buy and cook your own food, do your own errands, etc.

If anything, spend the money doing something fun after the 8 weeks are over

 

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