How much do you spend when you go out?

How often do you go out and how much do you end up spending on a night out? I wanted to compare my spending with others.

I go out once a week (Friday) and typically spend $120 ~ $200 (greasing the bouncer, taxi, drinks) depending on how generous I am feeling to my friends (most of the time, very generous because I end up getting absolutely destroyed)

ps. I'm an equity derivatives trader at a BB

 

It is a bit of a tricky question. I tend not to qorry too much about how much i spend. I am not rich, at all...lol...but I d rather go out less and just enjoy a dinner, or a cocktail or whatever, instead of going out every weekend and think about how much i d spend.

 
DeepLearning:
subway round trip: $5.50 6 pack for pregaming: $10-12 entry to bar/club: $0 - $30 depending on if it's for a particular event drinks at bar/club: ~$30 I don't pay for other people's drinks unless they pay for one of mine first.

range: $45-$70 or so

Don't hedge fund people get bottle service?

Array
 
Pump And Dump:
DeepLearning:
subway round trip: $5.50 6 pack for pregaming: $10-12 entry to bar/club: $0 - $30 depending on if it's for a particular event drinks at bar/club: ~$30 I don't pay for other people's drinks unless they pay for one of mine first.

range: $45-$70 or so

Don't hedge fund people get bottle service?

In all seriousness there has been some pretty interesting research around this type of thing. Check it out here. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2882983

Abstract: Using a novel dataset of hedge fund manager automobile purchases, we show that, motivated by sensation seeking, hedge fund managers often take risk for personal and non-pecuniary reasons. In line with the sensation seeking view, managers who own powerful sports cars take on more investment risk but do not deliver higher returns, resulting in lower Sharpe ratios. Moreover, funds managed by performance car owners exhibit higher operational risk and are more likely to fail. Performance car owners demonstrate other attributes associated with sensation seeking, such as a preference for lottery-like stocks, unconventional strategies, and active trading.

While not exactly bottle service, I tend to think the tendency to buy sports cars and get bottle service are highly correlated!

 
TheGrind:
Nothing since I gave up drinking. It's rare that a bartender will charge me for my seltzers.

Yeah, but it takes the bartender the same or similar amount of time to go and get a cup and fill up your seltzer than for a beer etc. So be considerate to the service being provided and at least throw a dollar down every now and then for the time spent on your $0 drink.

"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
 

I'm an undergrad student living in Moscow, Russia. I go out every weekend and spend $50-$100/night.

Pre-game: $15

Taxi (there and back): $15

Drinks/bottle service in club: remaining

Networking doesn't only apply to the corporate world. Knowing the right people can save you money. Become a regular at one nightclub/bar in your city, and go mostly there. I get in for free, I get discounts for bottle service, my promoter introduces me to girls and buys me shots.

 
Best Response

Condoms - $0 because I don't use them A six pack of 'Ronas -$11 A nice Cuban cigar - $30 My Lamborghini Veneno Roadster -$4,500,000 Assassinating Jamie Dimon with bounty hunters hired off the dark web paid anonymously using cryptocurrency through numerous shell corporations. - $121, 983, 271.39

I live for life's simple pleasures.

 
Lloyd BIankfein:
Condoms - $0 because I don't use them A six pack of 'Ronas -$11 A nice Cuban cigar - $30 My Lamborghini Veneno Roadster -$4,500,000 Assassinating Jamie Dimon with bounty hunters hired off the dark web paid anonymously using cryptocurrency through numerous shell corporations. - $121, 983, 271.39

I live for life's simple pleasures.

No pullout squad

 
datguy345:
Normal night:

20 for uber 40 for drinks 0 for food (eat left overs)

When I am balling out:

25 for uber 50-100 for drinks 25 for food

How is 25 enough for food? I go to Chipotle and it is 25 bucks

"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
 

You gotta pump those numbers up. Those are rookie numbers. @FratDad" Lol, assuming you've done your budget / savings plan, spend as much as you want. **Just make sure it's on shit that makes you happy / a better person. **

I usually drop 50 to 100 on dinner and 20/30 on drinks. But I don't do nightclubs anymore. Without "fuck you" money, buying bottle service or wine with dinner is wasted / for posers / very special occasions only. Girls buy 2nd round if they want my company. 3rd round is free, cause it's at my apartment :)

Pro tip: buy premium liquor / wine for the apartment and download Via for cab rides.

 
FratDad:
How often do you go out and how much do you end up spending on a night out? I wanted to compare my spending with others.

I go out once a week (Friday) and typically spend $120 ~ $200 (greasing the bouncer, taxi, drinks) depending on how generous I am feeling to my friends (most of the time, very generous because I end up getting absolutely destroyed)

ps. I'm an equity derivatives trader at a BB

You have to grease the bouncer and you pay for your friends?

Those are a couple of things you don't need or at least shouldn't do.

 
yelloweat:
3

3 grand is baller, I love it

"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
 

I only go out on Saturdays:

Uber: $15-20 (x 2) Drinks: $30-100 depending on how drunk I want to get
Food: $25-40 Total: $85-180 (might hit the 180 number once a month, or will go all out (i.e. pay for majority of a table) if I'm celebrating something with friends)

I'm honestly confused when I hear about people spending $300 in a night unless they're either getting a table with people, or buying blow.

 

Alias sequi consectetur a magni perferendis non. Itaque quasi fugit est molestiae nisi dolor ipsam. Sint mollitia quia libero dolorum quos hic corporis ut. Dolor qui laudantium sit at. Ea perspiciatis quae mollitia nulla. Assumenda quasi sit error minima. A maxime reiciendis amet itaque consequatur blanditiis.

Explicabo deleniti eveniet consectetur voluptatem totam non. Recusandae hic architecto esse ab aspernatur sunt maiores. Eligendi rerum rem labore voluptatem non. Excepturi qui illo autem et facilis nostrum reiciendis deleniti.

"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
 

Maiores consequatur non ut perferendis molestias. Ipsam mollitia labore earum non quia.

Molestiae rerum laborum at placeat qui. Corporis qui eveniet mollitia et. Deserunt quod ut qui. Aliquid voluptatum autem labore ipsam animi. Deleniti vitae aliquam corporis saepe unde esse illo.

Ratione ipsum velit minus eligendi id. Maiores quis voluptatem tenetur. Nesciunt reiciendis quis optio et consequatur odio.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

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...”