Is 50% commission a good “salary”? Just received an offer with the following details: - 50% commission. Stepwise increase by 5% for every $5k per month (e.g., 50% of first $5k, 55% of next $5k, etc) (Resets every month) - treated as independent contractor - no health insurance, no 401k - no hour requirement, WFH option, flexible hours - they cover bar dues, CLEs I feel like 50% is very high. Obviously being an independent contractor costs me a bit more, but does this look like a decent deal?
Would you rather make $120k a year while working 40 hours a week or $350K while working 70 hours a week. Please do not say it depends. Answer strictly on those two variables.
i went from 88k in july 2021 to 144k in jan. 2022. still living the same lifestyle. im 28 with no kids. i should live it up? my monthly expense is just eating out and car insurance around $500 total. still live with parents, no loans, no nothing. im not a materialistic person so i have no need to drive a fancy car. i drive a 2004 beater nearing 200k miles. i hope she last another 5 years before i have to buy another beater lol. am i cheap? i like my life but should i be living differently?
What’s a good fun purchase on a associate 1 salary. I’m putting my max in 401k but I want to splurge on 1 thing.
How do you max out your 401k contribution for $19,500 limit without knowing what % contribution will get you there? Fidelity provides these calculators to help you figure out what contribution to set but I’m still not sure what % will get me to perfectly meet the limit without going too over or under in a year. Any tips on how people figured out the right contribution rate? Do people just go with 10-15%? I’ve been having it at 5% and feel it’s too low
If you switch jobs and rollover your 401k, do you have to sell all your shares in order to cash out and transfer it? What if you are in the negative?
Why is it so hard to find a generalist role in NYC? I’ve worked for the tiny firm where I did a bit of everything but the firm was managed by one person who was about to retire and had no interest in growing. Now I’m dealing with PE and hate it due to how boring it is. I’ve spoke to tens of firms by now and most seems to concentrate heavily on partnership from which I’m actually trying to get away or solely on UNNW and family offices.
Do Directors at Deloitte get a pension after retirement? What is the structure / range of the pension for Simone who stays director at least for 10 years.
Real Talk: New Year, New Goal. Share your age, NW and goal for this year. To start off - 38, 650k, 800k
I'm new to the corporate world. I make 55k per year as an EA. House payment 500/mo. All insurance (not including health) $1200 in set monthly expenses, some small random medical bills & a 23k medical bill when my husband had a heart attack & we had no insurance. I max my hsa & 11% goes to my 401k each check. I have 7k in savings. Where do I start? Idk how to invest or how to even begin building wealth in my situation. Can someone please help me? I'm 48yo. Getting a very late start!
Asking for my friend who just hit the 4th anniversary in PA. Average salary is 75,000/ year. Average saving in 401k is 6%. Say he is almost debt -free, what should be a normal range for his saving?
Leaving Financial Services audit role after 4 years, have a few questions for anyone who has gone thru this process - How does the whole handing in your laptop process go down these days? - Any advice on who I should first communicate this news to? (PML/counselor, Partner, HR) - Any advice on things I should look to do during my last 2 weeks with the firm? (i.e. CPE credits - How is 401k account handled? Should I reach out to someone at my investment advisor, or will I be contacted by someone?
What is the best way to save up for mortgage down payment? Should I simply put them in saving accounts and/or index funds? Or do people increase their contributions to 401K? Someone told me that first time homebuyers can withdraw from their 401K for home purchase with no early penalty.
I currently max out my 401k, IRA, HSA, 529 and have general savings/investments. What do I do with extra money after that? Aiming for complete Financial Independence
Considering adding a REIT index to my lazy portfolio allocation for my 401K and Roth Accounts. Thoughts?
Please help! I have always wanted to live in NYC (currently live in the Midwest). I have the opportunity to move in with a friend to an apartment in NYC for about 2k/month. Currently my salary is 95k, I’m maxing out my 401k, Roth IRA, and contributing to employee share plan. After all of that my biweekly take home pay is $1650. Is it stupid for me to move to nyc and pay 2k in rent with that take home pay? Is it worth while for me to decrease contributions to live my dream out for a year or two?
Any fishes have any experience creating messaging architecture for a new website? I'm wondering what your process is. I can go into full consumer journeys through the website but my boss says..
Realize it’s not quite style but any recs on wired headphones w/ a mic for <$50? Thanks!
What's the difference between jimmy choo romy and love? Have love but never tried romy. I can't find a comparison anywhere online lol
Anyone here in Berlin? I'm visiting next week 🛫 from Copenhagen (Apr 11-14) and would love to meet up for🍺 or ☕️!
Heya! I’m an international student trying to find a job in business strategy or advertising. Yet, many companies do not want to hire me because of the OPT. I double major in Brand Management and Psychology. Any advice or direction on how to get my step through the door as a foreigner in this competitive industry?
Hello Fishes, Infosys I need urgent help. I got selected as Lead consultant in Infosys with package 29 LPA with 20% variable. YOE is 15 years. Is is as per market standard? Or should I negotiate more ? TIA
My wife and I have really gotten into cooking these quarantine months and are looking to improve. What are some good skills/books/classes that will help us improve our skills rather than just learning new recipes?
I was okay and then randomly saw photos of my ex that i didnt know existed in my message history to my friend (i deleted everything related to him the day we broke up) and it has brought back all the memories and pain. It has already been over two months. I hope this can go away.
I’ve met a partner at a few affinity group events and he seems like an excellent person to work with. He works in the practice area I am most interested in but he’s in a different office. I have availability and would love to ask for work. I’d also love to start cultivating a mentor-mentee relationship. Do you think it would be appropriate to email him? What should I say?
Really worried about moving to Canada and looking for a job. PR holder but non-tech. Moving from the US and was hoping to get a job and then move but doesn’t look like that’s happening. Any tips on the first couple of months in Canada and how to build a network?
Just had a white male partner telling me that I need to “stay more on top of things” when I wasn’t even copied on the thing in question and have been on top of every other task he gave me, including on the weekends. Really disheartening.
Where all my Muslim accountants at? 🙋🏻♀️
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