Related Posts
Roth vs Traditional 401k, thoughts?
Anyone recently received a tax manager offer from EY ? I’m going through final interviews and want to see what your experience was like (negotiation process, initial offer higher/lower than expected?, did you give them a salary expectation range? How long did it take from final interview to offer etc) TIA!PwC EY KPMG Deloitte
More Posts
What is Amazon’s extensive background check?

Additional Posts in Consulting
Which do you fear more: covid or recession?
Cheers 🥂 What an amazing 6 years with this firm

Houston downtown JW vs Westin.. Thoughts?
Which B4 strategy group is best?
New to Fishbowl?
unlock all discussions on Fishbowl.




Build a budget to see where your money goes. That will help you realize where there’s excess
Use the "Mint" app. Can easily track everything in all your accounts
100%
Go down to one credit card or use an aggregator like Mint. And reduce spending in general on “extras” like coffee, appetizers, redundant clothes, Ubers, delivery, etc and don’t shop at Costco if you don’t have a family
Rising Star
Biggest tip: don’t get married!
Speak to a financial advisor. Its worth it. Understand why you spend, where you spend and how you spend.
Basic money management is what i meant by understanding what/ where / how of your money
Pro
I’d start by looking at where your money is going. Good free option is something like Mint (mint.intuit.com).
Once you know where you’re spending, you can figure out how to reduce it either in the near term (cook instead of ordering DoorDash, give yourself strict $$ limits on ‘fun money’) or the long term (move to a cheaper apartment, shop for cheaper insurance)
Chief
On the contrary, I spent far less after getting married as knowing someone was seeing my spending kept me in check. We also agreed to what we thought was a reasonable budget and while blowing it doesn’t get either of us “in trouble,” we certainly respect our agreement and one another’s opinion and think twice before making unnecessary purchases, big or small.
Ynab
Second this
I realized I was spending a ton of my paycheck on uber eats, grocery delivery and going out drinking. I cut way back and my budget looks much better
Pro
Shock yourself and use cash for a pay period. I know it's really old fashioned, but I make enough that I wasn't owning attention for years. I did this and had a few "oh shit" moments. Had to cab instead of Uber, but everything else takes cash. Blew through $800 and couldn't tell where $400 of it went.
Mint after the exercise.
Def have to figure out where the money is going first. Second, ditch the credit cards. You pay them off which is good, but in your situation…disaster waiting to happen. If you need the cash, cut back on your contributions for now. Get yourself straight and worry about that later