I never thought I'd make 200K but I'm getting close and want more. I can't tell whether the drive is internal or external as many of my friends are aiming for millions. Thoughts? When do you call it?

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Is this miles or dollars? Hard to tell in this job.

likefunny

Craziness. Be frugal and save. The goal
Is not to work. Chasing money is a pipe dream, it won’t make you happy.

likeuplifting

You should start donating a good chunk of it to charity.
I gave about 6% of my pre-tax income to charity last year (without claiming the tax benefit) and it felt amazing. Nothing I have ever bought felt better.

likefunny

Because in the UK you can pass that on to the charity.
You donate the money then tick the box saying “I am a tax payer and would like the charity to claim the tax exception.” That means the income tax you paid on the donation also goes to charity.

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I’ll stop when I have 2 billion

likefunny

Jeff Bezos dislikes this

If you are in IB, by age 30, you can make $5-10m

funnylike

i don’t think anyone in high finance is hitting $10MM net worth by the time they’re 30 unless they trade at a market maker. even then, they’re probably over 30 with a phd or a savant. and even then, i doubt their NW is $10MM+. maybe total earnings if they started at citadel at 22 at $300k and have been there for 8 years.

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As long as your money is used to achieve your goals and dreams you're good. The second getting the money becomes the dream, then it's time to do some soul searching.

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3ish years out of college. Friends are mainly in finance.

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Age and YOE ... also skillset

Total compensation in dollars

Depending on where you are, millions are not out of reach

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