I feel like I am so behind in my savings/finances. Senior 2, I have about $30K in liquid $/cash and $60K total (incl. investments, 401k etc.). I know I made conscious choices to live in my own apartment since graduating (in HCOL area) and lease a car (to be fair, no help from parents and couldn't afford to buy one), but I feel like I'm way behind in life. Anyone else constantly feel like everyone else has more $$?

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

You are doing fine

like

I feel like this is a flex lol I think you’re totally fine for your stage in life. Assuming you aren’t a 45 year old senior 2

like
Recent IconRecent

...you’re way ahead, the average mid-late 20s is still paying off student debt and not making nearly what senior2s make

Like so far ahead this could be a humblebrag.

like

Def in the same boat here

like

Most people your age have a negative net worth due to student loans. You are fine

like

Same D4

We'll get there m8. I'm still negative because of student loans, but what we see as behind is still far ahead of like 80% of the worlds population. Count your blessings, not your faults.

like

Since you want someone to tell you you're behind - you know what, yes you are. I'm 24 yo S2 with 220k NW. But so what, I see guys in the personal investment bowl with 400k -1m in their mid 20s and a 26 yo posted with 4.1 million. You can lament your choices, but there'll be tons of people ahead of you regardless of your age. Just compete against your past you and strive for self improvement.

likeuplifting

Kylie Jenner is supposedly a billionaire at a young age so we are obviously all failing

Really need to know how old you are to judge tbh. That said, you are doing quite well compared to the average S2 imo.

like

You’re fine. I just spent all of my savings on my house, but it’s because it’s also an investment in the future equity in the house. I also have a car payment for a little over 3 more years (may try to payoff early), but my city isn’t walkable and I’ll keep the car for at least 10. I think it is all about prioritizing. It sounds like you’ve prioritized the things that make your life a little easier while still saving a good amount.

like

Relax bro

like

Most Americans don't have 3k to cover an unexpected expense. Wife and I have a nice house and 9 months savings + investments, but were older than you.

You're doing fine. Not everyone is an ape willing to throw their life savings on a WSB gamble twice a week and boom or bust. If you want more then don't lease a new vehicle, cut down on expenses, invest more, and work harder for a larger raise/promotion.

like

You’re more than fine. All these people on here flexing about maxing out 401ks at 22 aren’t living in the real world.

It is totally acceptable to live on your own after graduating college (this is good and normal) and having a car is useful. Money is just a way to do things you want to do. It is 100% possible to do things you want to do in your 20s as well as in your 70s…

like

You’re fine bro. Keep it up.

You should be very proud of yourself! I think you are doing well. Pay off your debts as fast as you can and your financial situation is as good as it can get.

I’m 24 and after living at home and living lean the past year have a NW of $45k. I know it’s great considering I graduated in college with less than $500 to my name less than two years ago but sometimes seeing what others have who inherited a lot of $$$ (sometimes millions) post on here is depressing. You are doing fine, keep focusing on your goals and don’t stress what others have

I'm going to assume youve put in approximately 12k a year over 4 years at a 15 percent return to get to 60k. Nice.

Over a 40 year career, an annual investment of 12k at the average market return of 10% will yield $5.3M. this is neglecting the fact that your contributions will grow later in life.

It's a long career. You are not just doing fine, you are ahead of 95% of your peers (assuming you are around 25-26).

Related Posts

This is why we need Universal Healthcare

Post Photo
likefunnyupliftingsmart

Hello HR folks. Overheard a conversation at work and am curious what is the norm.
If an employee goes out on FMLA, obviously the benefits person sends them the STD, FMLA paperwork etc. But is it the maagers responsibility to maintain communication with the person out on leave and to get a timeline on their return or would that be the benefits team? Or maybe the HRBP?

like

Today I got an offer from Accenture. Doj is 6th March. Currently I am pregnant. I just want to know what is the minimum service days in Accenture to avail the maternity leave.

like

What are the benefits like at Droga5 vs Widen + Kennedy?

likesmart

I am 31. I have $750k in assets and 400 in liab. Net worth is 350. Largest assets (excluding real estate) are 120k in 401k, 40k in brokerage, 20k in crypto, 25k cash. Own property totaling $550k (2 condos) but debt of 350k so 200k of my net worth is in real estate. Student loans of 30k. Thread continued 👇🏽

like

Any reviews about Salesforce role in Intellect Design Arena? How is the work life balance? What are the benefits one get in this company?

like

I joined a company last week. I am planning for pregnancy this year. If i become pregnant, are there any issues i may face from employer like they can question that i recently joined and within a year or so im going for maternity leave of 6 months ?

like

If health insurance wasn’t tied to employment I’d quit work. Would love to have a little farm and a dog but I’m very far from this fantasy.

like

Working on a take-home case study for a direct lender, I was given a public company take-private scenario and build a model around it, want to get you guys thoughts on whether I should include a few pages on historical financials?

like

Have 3 401k and 1 ira account. Now have to consolidate all of them in vanguard. Any recommendations on how to move them
Looking for options to take advantage of rollover.

like

What does a single family house (with basement) home owner insurance costs. Just looking for a range. Looking for a ballpark.

like

How much do you take home after tax and maxing pre tax 401k while making 144k? Not sure if I'm doing something wrong with my withholding. I'm married filing jointly withholding at a single rate, 1 federal and 1 state. DC location. I'm only taking home $6k a month.

like

Where can i apply for internet reimbursement in jpmc? Do we need to check any eligibity for this?

like

What does your benefits package include?

like

Got married, bought a house, doing a major remodeling, planning to have a kid… safe to say that I am no longer on track with my FIRE journey 🥲

likefunny

Does anyone here use Evolve to manager their vacation rental? If so, how is your experience using them.

like

I'm looking for an HR Director role.
I'm currently a Senior HR Manager (because the Ops Director didn't want another Director In the payroll) overseeing 4 facilities & 3 companies. I have 1 HR Manager, 3 HR Generalists, 1 Recruiter, 2 EHS Coord, and 3 EHS Leads reporting to me.
I have over 15 years in HR, an MBA, PHR & SHRM-CP certifications & experience in healthcare, retail, logistics, & manufacturing.
I'm in Texas and willing to relocate to San Antonio, College Station & Houston.
Thank you.

like

Does OFSS pay less compared to other oracle divisions?
What are the benefits in oracle? Can someone please answer

like

I retired from teaching in an online Bachelor of Science program after six years last year. Also, I have 12 years of hospital and managed care case management. I have three years writing appeals for denied hospital claims. I decided I do not want to retire. I am looking for a new opportunity to work remotely. I have attained a Master of Science in Nursing Education. Please hire me!

like

How is it like working as a Senior Credit Analyst (C11 grade) at Citi bank's nirlon knowledge park office in Mumbai? Work culture, benefits, negatives, any info would be helpful.

like

More Posts

I may be a giant asshole for this, but I sometimes don’t have the patience to deal with my SO’s mom..simply because she has the risk tolerance of a groundhog…she is scared of absolutely everything, and sometimes judges me for my opinions on things..not outwardly but like..subtly..and I’m not by any means someone that adventurous…it really doesn’t have any impact on our lives because we can just turn around and do what we want anyways but like..ughhh

like

Best desk chair for $100-$200? Not looking to spend more than that.

helpfullike

Any recs on a good office chair for the back? Looking to spend <$350

like

Hi! I have a quick question and could use some advice:

I have 1 job offer that is an hour away and pays 45k, after negotiations (Research Associate Position at a University) .

I have just interviewed for a position closer to home and a base salary of 65k, but haven’t heard back from them in about 2 days (He said he would make a decision by yesterday and I’ve reached out).
I have to decide on the first offer by Thursday but I haven’t heard back from the second yet. Thoughts on next move?

likesmartfunny

What's your controversial Houston opinion?

likesmart

I’m currently giving referrals to Deloitte for anyone with cyber experience who is cleared(TS/SCI)to work in the intelligence community and willing to work in the Maryland area, experienced in telecommunications, digital, and computer network technical analysis. Computer network defense exploitation analyst target digital network analyst

likefunny

In NYC, saw several properties structured as condops. It has more lenient rules about subletting than co-ops and no board approval when transacting. Granted it’s building by building, but would someone recommend condop over co-op in general? Do they appreciate the same as condos?

like

Authentic Leadership - what does this mean to you?

like

If biglaw makes so much money, why dont most partners retire at like 50?

like

How many GPS Manager Bands are there at Deloitte

What's a good spot (out in the wild) to work from? Any mellow coffee shops or restaurants with good wifi to recommend?

like

How is Kaar technologies?

like

Which one with black jacket/pants?

Post Photo
like

Can anyone suggest between Ericsson and NTT Data . YOE 10. DevOps.. same package

like

We’ve broken through the resistance.... how.low.can.she.go!!

like

Guys, how is optum for testers? Is it a good company if we compare it with Deloitte?

like

Thinking of moving to pwc, what is the wealth builder? Like why dont they just use a traditional 401k? What are important facts about it?

like

Just found a typo on my resume after sending it out to lots of folks. Just shoot me & Indesign’s lack of automatic spell check. 😭😭

like

I’m good at conceptualising — but how can I become a better writer?
I saw some copywriting courses on ‘42 courses’. Does anyone have any experience with their courses? Or have any other recommendations?

like

Hi fishes, can anyone please suggest how to switch from l2 roles. any suggestion would be highly appreciated

like

Additional Posts in Accounting

How much do you earn and how much are you able to save each month / year ?

like

What to say on compensation calls? They give u the numbers. You say ok. What else?

like

Has anyone from PwC know yet if they’ve been promoted? When do they usually start telling you?

like

need advice about how to grow a thicker skin. I feel I'm easy to stress out whenever I get complaints from the client or criticism from my manager

like

Who wants to get 5 referral bonuses and hire 5 audit members that were promised a bonus on 6/30 and it still hasn’t hit our accounts? 🤣🤣

likefunny

I'm not actively looking but would like to activate the option on LinkedIn that lets recruiters know that I am open to opportunities when/if I come up on their searches.

Does anyone know if turning this feature on comes up as a notice to my connections? I would like to avoid this as I have some colleagues from current firm, including a Partner.

like

Has anyone gone CAIA route ?

likehelpful

Officially promoted from Staff 2 to Senior. Was identified as an "outstanding performer." What's the raise going to look like? (Southeast Assurance)

like

How many stoolies do we have on here? #vivalastool

like

Thinking about all the shitty places in the world makes me feel so very blessed to live in USA 🇺🇸

like

Never know how to answer when people ask what time I "usually" get off ...

like

What are the rules about dating someone that works for your audit client?

likesmart

What are your long term salary goals?

likesmart

Whose spending their last days of the year counting?

like

Reply with the words or phrases you can't stand anymore after working at EY. Worst for me is "bandwidth".

like

Partners or whomever can help me understand about billing and hours. To keep things simple, let’s say you only have one staff to work 1,700 billable hours a year on a $60k salary and you have only one job that and the rate charged to the client is $300/hour and an projected hours budget of 1,700 hours. So ideally you would have revenue of $510k. If the staff takes less time partners make less money and if they take more time partners make more money while the staff keeps the same salary?

like

Has anyone here had any experience with Eisner’s Outsourced Services department? I’m looking for some insight.

like

What's the right age to get married? I think I am ready just don't have anyone to marry 🙄

like

Hoping for help w/ studying. TRANSACTION CYCLES?? I see inconsistent lists online and in books: (Revenue, Purchasing, Inventory, Payroll) vs (Sales, Purchasing, Payroll, Financing) vs....

like

I learn quickly compared to many of my peers. I'm working with a staff that learns very, very slowly and is not meeting expectations after 6 months. Tips/advice on how not to lose it?

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

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

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