About to get a base salary raise from $100=>$150, what is something you couldn’t do at $100 but started doing/recommend doing at $150?

*24M, no student loans, no debt at all

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

Save half my pretax salary.

likehelpful

What's your breakdown of expense vs income?

I was only contributing 6% salary to my 401k at 100 because I was doing Roth IRA/HSA/other investing. 6% was my employer match.

Once I got to 150, I did the full 19.5 limit and mega backdoor Roth too

like

No, tech now

like
Recent IconRecent

Get my own apartment, and Stop having to live with roommates.

like

House keeping services!

like

^^^^^^

like

Don’t do anything different. To sccumb to lifestyle
Drift

likehelpful

I got my own room in a (nicer) apartment instead of sharing a room in a smaller one (HCOL city). Also, I started just covering the bill whenever going out with close friends who were younger.

I didn’t really change my lifestyle other than that.

like

Max out retirement accounts

like

This might sound a bit silly , but invest in good clothes/ dry cleaning/ laundry/ House cleaning services / taking some self development courses / high quality personal trainer . That’s what I would with that additional money. It will help you make 10 times more in the next 5-10 years

like

I save a lot more money. I've lived in the same condo for 5 years and my comp has approximately doubled in that time. If I was renting I would have been tempted to get nicer and nicer apartments. Now I don't think twice about nice dinners, trips, tickets to games, etc. Keep your living expenses modest and you'll have money to save and have fun.

likehelpful

OP dyin to put on those golden handcuffs lol

like

Growth Strategy Manager, not technical at all

You should assess what is important to you and make a decision based on that. Obviously saving more is great (and what I did in an identical situation) but you should balance that with enjoying your life.

For me, I live in a LCOL city and already was comfortable when I made $75k / year. So I’ve been able to change very little with my spending (I do take more trips) and put away the excess as I’ve gotten raises and bonuses (at around $250k total comp now).

In my mid-30s now and have around $1.5m put away between retirement, personal investments, and personal savings which lets me consider things like taking a year off to travel or joining a riskier venture with my next job without worrying about my future much.

But again that’s because I enjoy life just fine without spending a ton on day to day stuff.

upliftinglike

What city/state are you in? Are you happy with your quality of life in that city?

Fronting money to book Airbnb’s for myself and friends and traveling almost all the time

like

More BTC

likefunny

As an associate you’ll be making $150?! Im not even making half that at a year 2 senior associate.. 31F 😢

like

What AC are you at. I have friends who work there and make more then half of 150 as seniors?

Made that jump recently and started investing/saving about 40% of my net pay and bumped my 401K from 8% to 12%.

like

Gotta ask, Are you jumping from associate to senior associate? And what company? You’re making more than me in a HCOL area as a senior associate 😭🥹

like

Ahh thanks for the detail I was about to walk off a ledge 🤣🤪

funny

Max out 401k, build 6-month emergency fund, invest monthly, and VERY occasionally spring for a true wardrobe investment piece (eg $400 boots I loved right then vs waiting for them to go on sale/out of season) or fancy Michelin-type meal.

Invest in yourself - quality items that will last for years, personal development (health + knowledge) and travel lots.

Even at 100 in HCOL I lived pretty comfortably, but basically savings/investment and a lot of travel. Travel ain’t cheap but started to actually go to cool places and focused more on enjoyment than “this hotel is xx more expansive than that”

Related Posts

Hello Fishes, I’m trying to validate the Business model through market survey. The business is a kind of agri investment model where one can get an ROI of above 8% annually. Please share your thought process on form generations, target audience, Channels like Linked In , paid promotion etc.,

Trying to explain to my non consulting friend that your salary can climb by 60k easily in 4 years. Please share your experiences of this guys (more examples the better)

likehelpful
like

Hi Guys how is the Novartis company in terms of work life balance and About bonus pay and Increments YOY in analytics department

What’s your current billable rate and salary?

like

After salary agreement is it confirmed that TCS share offer letter.?? If yes then how long it will take??
In portal its showing evaluation in progress.. please suggest

like

Anyone use the Apple Card to buy iPhone on monthly installments and submit Apple statements for the cell reimbursement? Or do we have to buy phone through cell carrier?

like

Do big4s have any history of offering early retirement packages?

Hi Folks,
What is job security and stability in Cyber security consulting practice in EY . One of my friend got offer with 50% raise to what he is currently taking, he is on H1-B , he just want to be on safe side before making move. Appreciate your quick response.

like

Hi fishes,

I am trying to download my salary certificate from the alumni portal (2016) but the pdf is password protected. I tried entering my employee id but it is not working. Can somebody help me with the password format?
Thanks and miss infy a lot

like

Joined at 502 in JPMC in mid July (in Operational Risk). 6 YOE (4 in audit, 2 in BPO). Haven't really started working in the true sense yet. Objective setting discussion just began for this year. Wondering what to expect from performance appraisal considering these facts in terms of hike and bonus. LOB - Corporate.

like

What should be the salary for Frontend developer/angular with 2+ years of exp in EY ?

Hey Mates,

There are talks of focusing on talent retention & offering competitive pay in meetings by Higher Leadership so
Is there any salary correction actually happening for current employees or some salary equity policy being made?

like

Hi...One of my friend is joining in Kpmg GDS after having an experience of 9 years in Audit...what would be the expected salary in Kpmg..?

like

I got offer of 148+ ,10k bonus from deloitte on sc role.I am currently on h1b.. currently on 102k and there will be increase in salary for us this year and some bonus.. I was not actively looking but now confused should I join.. looking work culture etc. Need suggestions.. thanks

like

Hi fishes,

Recently I had my interview with tcs and cleared hr asked me to submit the documents in tcs portal.i have submitted the documents when can I expect a call for salary negotiation.and how much package i can ask i have 3 years of experience as data engineer.i have been hired as big data developer.

like

Would you accept a part time freelance gig for an hourly rate?

like

What’s the current salary for an entry level US TECH in GA

like

37 / 13 years / 215K / PDX

like

Hi sharks 🦈
This is my offer letter in IBM
Can anyone tell me as to what will be my in hand salary per month?
Appreciate your inputs 😇

Post Photo
like

More Posts

Hello All. I have 7 years of work exp in Data analytics & Data engineering team. Right now managing a team of 12. Will PMP certification help in career growth ? Needed some view points.

Hi Fishes, I've accepted offer from Accenture from their portal.. But now got new offer from EY and wants to join at EY. So how can I tell Accenture Accenture India that I'm not going to join them. Rather than not showing up on the date of joining? Can you please guide me? How do I let them know? My talent coach is not reachable

like

Did you choose to work in the private sector or academia? Why?

like

**HAPPY HOUR**

I'm in the back of Kirbys Ice House (River Oaks location) at a table with 2 couches.

You'll see the Fishbowl balloons.

like

Any pharma shops in Washington DC or metro area?

How is stay at home going to be enforced? Can I drive and pick up takeout and curb side shopping?

like

Shower thought:
Why did Toronto (or Canada?) change the exit signs from the classic red EXIT sign to the green running man? Wouldn’t it confuse more people especially elders in finding the exit?

Also isn’t it a waste of money for businesses to replace perfectly functional exit signs when renovating?

like

Would you move to NYC if you found a job there and can afford the lifestyle / rent? Not sure if I should do it, GF would rather stay here.. any advice?

like

How's Siegfried PTO policy? Is there firmwide shutdown during the holidays?

What is the salary range for Sr. BA/Product Owner with secret clearance and 10+yr experience in Ottawa, ON.
Contract or full-time

like

Hello Fishes - I have worked in Intel Corporation for a year but not as direct employee. It was my client location. My direct payroll was LNT Services. How can I take benefit of Intel Corporation as I was NOT a direct employee there. Can I mention in my resume. If yes, how and what to mention in my resume?

like

Hi Fishes, I immediately need to switch my role related to Data science/ML/AI with good hike. Suggest some companies and ways. I'm willing to learn new things after deployment.

YOE : 1.5 years as Python developer

Skills : C, Python, Excel in writing SQL queries, Swagger, Microservices, PostgreSql Aws(Lambda, Api gateway, SNS, SQS), Angularjs, PHP.

like

People at my company claim to be supportive, promote great work culture but there’s actually no support at all just bunch of bs. I am in a situation where im not getting the support from my supervisors, BDs and everyone is fake all the time. I am genuinely putting in the work and not getting the benefits I deserve. What are some good companies to work for in Marketing/advertising in Toronto? Or how would u go about addressing stuff like this ?

like

So a higher up made a new rule that for a service we offer , we have to offer it to the customers three times and If they say no a manager has to get involved and document. it is this not wrong?

like

Hu guys, I am planning to take Microsoft azure fundamentals exam , can u guys please tell me how to prepare for this exam , like how do I get the study materials ?

like

IBM started to drop the mail for join Slack etc. and the mail for laptop request for new hire .

What if I don't join on the last day or deny to join on last day ? Because still need to decide between two offers .

like

Hello,

My friend joined RBS with 18 LPA (1,80,000 is the retirement funding) rest comes in basic & benefit funding. What will be the monthly in hand amount?

Justifying the Sheraton's painful bed to yourself because the Four Seasons don't recognize your loyalty

like

McKinsey fishes: I’m now in final round of interviews. Realized I don’t know anything about the benefits package. What are the key things you like about benefits, e.g. the free health plans?

likefunny

I have a consulting/PE interview on Friday, please recommend consulting books or sites to read. Need to speak consulting language

like

Additional Posts in Compensation in Consulting

What’s a good estimate of the base salary for a Deloitte Senior Manager in the Fed Cyber Risk space?

like

Was lowballed and don’t want to play catch up for the rest of my life. What is the best timing & ways to ask for a raise? Or should I exit to correct my mistake. Happy to dm with my specific info

like

My Associate stint is ending next year, and I need to start thinking about my next move. What’s the right comp I should be targeting with 4 YoE (2 in VC, 2 in consulting), in unicorns vs PE vs CVC?

Current TC is roughly 175-300k (carry is complicated and variable) in MCOL.

like

Interview with Deloitte for Healthcare Ops transformation Senior Consultant. Wanted to know what salary range i should expect. Candidate with post 6 years of experience with Top 20 MBA degree. Currently at a competitor.

like

Can anyone offer insight into the annualized equivalent compensation of contract consulting gigs in B4 vs the equivalent FT positions?

Looking at post-MBA level finance advisory role if that helps.

I have a FT role currently that I would be skeptical about leaving for contract work, but I know that contract work tends to pay a little more so just wanted to see if it's enough to consider.

like

Are there any spreadsheets or charts showing reference points for self report surveys for compensation? Maybe from FB users on salaries, tier city comparisons, level/role, different companies etc?

like

Wondering what the comp is for SC’s & M’s at Canadian firms? All these American numbers are making me feel very underpaid...

likehelpful

I am doing a confirming interview for the business agility practice at @Accenture this week. Any idea on what comp I should ask for? I’m an Agile Coach with 6 YOE and would be coming in at a L7 (associate manager). The role may involve travel.

like

Anyone in Deloitte UK ? Can you pls share the compensation range for a senior consultant in the cognitive and insights ?

like

What were the raises like at Deloitte for SAP?

likefunny

Scrum Master with 3 YOE, 1yr in agile. Technical background. Secret clearance and working in Federal. Two in demand certs (SAFe SSM & SGP). Currently making 103.5k in DC. Realistically what is the highest I can negotiate for at competing firms?

like

Got a 30% salary bump, via an offer for Senior Consultant S&O from Deloitte. Currently underpaid at EY Advisory. I'm MBA and this year is my promotion year at EY for Manager. What to do? Get demoted and move to D? Or counter at EY? Even if EY matches my salary, and promote me to Manager, I will be an EY Manager with a Deloitte SC salary, and probably won't be able to go to D in the future. What do you think? I have built up a good relationship with my Partner and SMs at EY though.

like

Do people negotiate salaries when being promoted? Or you get what you get? (Specifically EY-P (M&A) from director to sr. director)

like

Range of EY salary for Senior consultant in HCOL/Tier 1 city? Around 3-5 years of consulting experience.

like

Considering a role at BCG Digital Ventures - can anyone share the hierarchy and salary structures?

like

How much do Accenture management consultants (5-10 yrs experience) make in NYC? Thanks for any help.

like

Being promoted mid year in the Bay Area to senior and did not get a raise as expected. Trying to see what the current compensation is for seniors within deals.

like

Salary for PwC Revenue Cycle SA? 4.5 years experience, CPA?

likehelpful

I am trying to negotiate an internal base increase. Context is that I am at a FinTech following a key strategic and successful M&A in which I was the sole program manager. For reference I have 3 years of experience and have been offered a 10% base increase as a part of my promotion (current salary is 120k). I feel this is quite low given the market but would really appreciate any input

like

What are the wages like in Singapore for consultants and techies? I can parse this on Glassdoor/Payscale/Monster, but it’s not clear how country of origin affects pay, if at all.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal