Before I go into what I am going to spend the money on, I need to give a bit of background on my situation. I paid my way through college, working multiple jobs during the day and taking night classes. I lived in a tiny apartment, commuted to school, and grinded my way to an offer doing IB at an upper MM firm. My parents aren't very wealthy and also work several jobs just to get by and help however they can in paying for my school.
Now for what I'm going to spend the money on. I plan on spending $2-2.5k/mo on getting an apartment with a doorman, central AC and heating, and an elevator. I also plan on giving my parents money so they don't have to work as hard and maybe can retire a few years earlier.
I know I'm probably going to get the usual, "Good luck living paycheck-to-paycheck when you're 30" or whatever else has been said on the other threads with a similar message. I don't really care though. I did some back of the envelope calculations to figure out if I deduct all living expenses, including the apartment, from my salary and give roughly half my bonus to the family, I am still left with $20k in savings after the third year as an analyst. After that, I plan on doing some more intense savings with any income.
Curious to hear if anyone else has done something similar and if so, how it worked out.
Edit: Something I'd like to mention for the people in the comments is that my parents are very competent with money and won't be relying on me to support anything they do. They're probably going to try and refuse the money at first.