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Rising Star
Hi All,
Has anyone joined Accenture early and recieved joining bonus.?
I have been recieving mail like if I can join in this month I will get bonus as well as notice period buy out amount reimbursement.
But they are not mentioning JB amount before I confirm them when I can join.
I have 11 fixed offer, how much I can receive JB if I join month early??
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How is work life balance at Citi Risk Team?
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Additional Posts in Accounting
Is big 4 FDD hiring?
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Starting salary for a tax accountant in MI?
Rising Star
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I'm older and from a different generation, but still offer some perspective. I was always frugal and had built up a nice savings. That was fine when I was single. I then got married and eventually had children. If you ever plan on a long-term relationship where you're supporting a family, you need to assume that things will cost much more than you ever budgeted for. If you end up having a child with medical issues, even more so.
Please think about short, medium, and long term. Maybe taking an extended vacation or a sabbatical might be great in the short or medium term. Maybe loosen up how much you are saving by a little bit and take an extra vacation each year. But please do keep investing some portion in the long-term. You don't know what life may throw at you. I could never have imagined my current situation when I was younger and single.
Good luck!
Don’t be like Tax Senior here ^^ What a sad mindset to have. There have been plenty of “older generations” where it’s been MUCH harder to raise children and have a family. There are plenty of issues with older generations (boomers in particular), but on the whole they better understood that having children and raising families was an essential part of a thriving, healthy society. It’s a shame that so many millennials and Gen Z (which I am part of) has lost sight of that
Save some but make sure to enjoy the fruits of your labor.
Used to save everything I earned until 3 years ago when three unrelated friends were diagnosed with stage 4 cancer. Young successful lawyers and medical professionals who lived envious lifestyles turned upside down.
I'm thinking I should try going on a flexible work arrangement to cut hours and pay at work. Then figure out something else to do with my time. Anyone have similar thoughts?
This may not be for all, but I felt like you in 2022, right after the pandemic. Life is too short. My children are adults and have their families and I’m a widow. So I auctioned all my furniture and moved to a beach town off the Pacific in Mexico.
I went from Full Time to Part-Time, work 20-30 per week. And spend the rest of my time at the beach with my dog or visiting a new restaurant. I visit my family twice a year. And my family and friends also come visit me.
I feel like my quality of life has improved significantly.
Keep in mind, this may not be for everyone. But point is - try something different/new!
Get out of the rat race! Live your life with no regrets!
Frankly, find God. You will gain meaning, and start to help others. Amassing riches on earth is fleeting.
I'm at a similar point. My plan is to quit to volunteer, learn a new language, travel, and take on contract work. I took a 3 month sabbatical last year to travel.
You should look into coast fire!
It depends on whether you have enough cash to live comfortably. If so, I guess there's no reason for you to be working a job that you don't like or is not worth your time. I'm also very mindful of my expenses, so I don't really care about materialistic things and keeping up with the latest trends. When it comes to money, all I care about is financial security. I couldn't care less about a Bentley or a multi-million dollar home; none of this cr*p matters.
Was working long hours in tax and reached a point where I am just dead tired and my life is mostly work. After 5 years in accounting (not as many years as some of the folks on here) I took a pay cut and work 40 hrs year around now. I will see how it goes. I do not have much saved up, have kids and started working late in my career. While it may not be the best decision financially, I do not see a point of working hard and missing out on spending time with my family. It is my situation and everyone is different. I took time to consider how I can make my life to be less work on more living. It is working out ok for now.
Good luck. Nothing is constant. With careful planning and consideration you will make the right decision.
There needs to be a healthy balance between preparing for the future and living life now. Tomorrow isn't promised to anyone. I'm married with 3 kids, husband and I both have pretty good jobs. When we had our first baby 15 years ago, I took a reduced schedule that came with an equivalent pay cut. We had enough to be stable and middle class comfortable. We chose to trade excess money for time with our kids. Fast forward 15 years and we both have grown in our careers, I'm still on a reduced schedule (though a little less reduced now that the kids are all in school), and now we balance between saving 'enough' for retirement with living life now. We've been doing more traveling now that the kids are out of carseats...could I save more for the future? Sure. But I'm saving 'enough', and right now its way more important to me to take my kids to a new state, or on a cruise, or to disney. Making memories (while still being financially responsible) is one of my top priorities right now. I would recommend finding some balance in your life. Find something outside of work that brings you joy - traveling, volunteering, reading books, golfing, anything. Something that you'll look back on when you're 90 years old and be happy you spent your time doing.
Maybe just find a more chill job?
You might be underestimating how much money you really need, especially if you reach a point of having a family. Even if you are single, lots of things in life can ruin you financially in an instant. Pull up a financial calculator, plenty online are free.
I assume you don’t want to be homeless after you have retired. I would image that is why most people still work. If you have enough to live on for the rest of your life, then you can consider reducing work or stopping work.
Maybe don’t be so frugal and live a little while still working
If you hung out a shingle as a consultant in your area of expertise you could work as little or as much as you want, and mostly when you want….
This is something I've considered. At this point I'm more concerned with control over my time and work life. And the risk/hours would be more economically aligned in my favor.
If you are truly at the point where you could stop now and live a great life and pay for your kids (if you have them) to have a great life - THEN STOP - and enjoy the time with family.
I'm in a slightly different position...
Late 40s - own out house and a rental property outright, have just bought our 22 year kid a property outright as well.
Fast forward to 65 and without doing anything else (except compound interest) and we will have a $120k income each year until we die
The issue is the 18 years between now and then - just need to cover them and everything is rosy.
Honestly though it's easier to squirrel cash when you get and watch it grow than it is to try and make it in your 50s
I would pivot into industry and live a chill life with corporate benefits 😎