How many analysts have saved $0 after expenses by 1.5 years in & banking on their bonus? (second year BB front office IBD analyst)

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Lol I'm usually in the red and bonus brings me back to slightly above even

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Not a bad life we’re living otherwise tho

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I mean ya 80-90k base is nothing in nyc

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My bonus is virtually the only real savings I accumulate other than my 401k contributions

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Gotta enjoy yourself while you’re young, especially after the grueling hours

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I save but I’m kind of frugal. Many of my peers (also second years) operate under the “spend my base save my bonus” mentality but some of them are in the red month by month..

I didn’t save anything during analyst years. Usually about flat on base for housing, living and fun. Then bonus went to luxury (items + travel). In my associate years I saved most of bonus and eventually bought a flat as associate 3.

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Request your suggestions.

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