Summer Analysts: How Much Are You Saving?
This goes to past, present and future SA's. How much do you guys plan on saving from your paycheck? I know this is a slightly difficult question for those of you who may not know your living expenses, but for those of you that have been doing it, or have already done it, what have/did you save?
Similarly, what do you expect most of your paycheck to go towards?
Only buy food
Most of my paycheck vanished away on taxes (~25%), rent, flights and food/drinks. Transport to the office is also quite expensive (around $400 in total for me). I'm hoping to at least save 15%-25%.
Are you in NYC?
Nope, Boston/DC/Miami. I interned in NYC last summer and I saved even less :/
Firms don't pay for rent?
Firms should pay for rent. It's called your salary.
30-35% taxed, so of the $ remaining, i put about half into stocks
None, I got $500/wk. from my boutique which evaporated promptly within a week of each pay-day.
Unfortunately, I won't be able to save at all, but I will be able to pay for a majority of my tuition next semester.
lolol I remember the SA days.. my checks were evaporated on booze, food, and other such activities.
You'll be able to save when you're a 1st year.
In before butt hurt frugal people toss the MS.
Spent it all on dancers and Midleton.
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