What kind of cars can you afford on an accounting salary that’s not partner level? Are we on that merc level?

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

Best financial advice I got. Don’t spend much on a car regardless of how much you make. A Toyota and a Ferrari will both take you from point A to point B. A certified pre owned can last you years and can usually be paid up front with cash. To each their own though. I know directors that like to splurge and they drive range rovers, audis, bmws, etc. it’s all a matter of preference

like

If you’re trying to see potential earnings for the accounting profession it would probably more efficient to look at salary reports online. Plenty of data on this. It would be a more accurate representation than asking the about the cars people drive, as that isn’t a measure of earning but more of an indicator on consumer habits

I drive Mustang, it’s leased but I prefer it that way as I change cars when lease expires.

like
Recent IconRecent

Corolla

likefunny

I’ve had several corollas and can confirm very affordable on accounting salary😂 also they have some nice features these days

like

Covid times. Who needs a car 😂

I drive my dream vehicle. Jeep Wrangler 🤷🏼‍♀️. Guess it’s more personal pref?

like

Raised by a mechanic, so I pretty much only trust Toyota, so it’s a Corolla til it dies.

like

Dont let a car define who you are or your success

like

It depends on your priorities tbh. I’ve seen Associates with Benz, Audi’s and BMW’s and I’ve seen a lot with regular Japanese/Korean cars too. Can you afford the monthly payments on a nice car, probably, but is it the smartest financial move at this age, probably not. But cars are some people’s hobby and they make sacrifices elsewhere like less savings/cheaper rent to drive a nice car.

like

I own an Infiniti Q70 and an Infiniti QX60. Paid cash for both.

like

Depends if you have one income household or two income household.

like

BMW from Craigslist for 7k cash

like

I bought a new SUV for $46k in cash in February 2020. I feel dumb now. I still plan on buying myself an Aston Martin before 40 if all goes as planned.

like

Ooooh! Someone is super rich here

Hondas until they die

like

Yeeeeeessssssss!!!!!

Tesla

like

Just got out of B4 after 5 years. Still driving my 2009 VW Jetta. It still drives so no reason yet to spend the money on a new car that will do the same thing

2021 Sonata

Yes you’ll probably make enough at some point in your career to be able to afford at least a C or E class if that’s something you want to prioritize

The answer to this question depends on what your other expenses are. Without rent or a mortgage, you can probably make the payments on just about any car

Depends on your expenses, buy or lease, and whether you think a luxury car is worth it. I know managers and senior managers with Mercedes and Audis, and I know partners with trucks and Subarus. I will be the Subaru partner if I make it there.

I paid cash for a used Bentley GTC in September. All the money I saved the prior 6 months due to covid and a great deal allowed it to happen. It was always a dream to own one!

Related Posts

Hi Everyone

Can someone please tell me about AI/ML Team at Comcast India? How are the work-life balance, culture, and entry-level pay?

What is the salary range in Accenture for Level 7 in the Applied Intelligence Team? Job location - Bangalore

like

Are there any VC firms in Toronto/Canada with comparable pay to Consulting?

likefunny

What would be the hike percentage for getting promoted from Associate consultant to Consultant?
Will I get the promotion percentage + year end cycle hike percentage (let's assume that I am getting 3 rating) or just promotion percentage?
YOE : 6+

like

Got an offer from Microchip.
Can someone share some reviews about this company. Like the hikes, culture, wlb, office.

Thanks in advance

like

Has anyone sold at IQVIA? What’s comp like?

like

This time last year, I was making 70k without bonus potential. Tomorrow, I am putting in my notice and I will be making 110k with potential bonuses. Remember to take care of you.

likeuplifting

Considering an offer to go from firm (4 YOE) to become a privacy/product counsel for a tech company (non-faang). One concern for me is the potential of a recession in late 22 into 23 with the fed rate hikes. My fear is if that happens, me being on the chopping block as new in house counsel. If I stayed at the firm, I feel reasonably secure as an associate of not being laid off due to the market. How do in house counsel positions typically fare during lay off cycles? Any experiences to share?

like

I’m looking for a salary based “sales job”. Is that possible? Thanks

like

Hi everyone,

Did anyone know the estimate salary for a Business Development role ( International Event Sales Executive) in Chicago?

Thank you in advance

like

Hello, what is working in retail banking like at JPMorgan Chase ? Specially the branch manager role. I’m looking in the Columbus area. How is pay, culture, benefits, sales environment, meetings, etc. How easy is it to transition from retail banking to corporate. I hear the Polaris campus has great opportunities, I was thinking about getting my foot in the door through retail then transferring to corporate ?

like

Please suggest,
LTI 24 with variable,
ZENSAR 21
XORIANT 25
I've to decide asap.

like

I am pursuing MBA +ACCA, currently a graduate with 6LPA .
What should I do to reach double digits in annual package soon?

like

I was told I was selected for VOIS and salary discussion is also done... But haven't even got the letter of intent yet the HR informed that the role need to be approved

How much time will it take to get an offer letter from VOIS

like

Do anyone is here from Accenture working as a Network Security Architect with 5 years experience...??

Can you please share CTC...??

like

I’ve been an Admin Assistant for 5 years with the last 2 in a government. I have worked hard to get here thinking this is what I wanted. Now that I’m here, making 40k CAD/yr. I feel like I’ve hit a glass ceiling and I’m desperate for more money and responsibilities - my job is way too easy. But not many opportunities for growth. Any suggestions on where to go from here?

like

How much does a staff circulating nurse with 4yr level 1 trauma experience (multiple specialties but no CVOR though) make in CT? Base pay before differentials

like

How much of a salary bump does a secret clearance get? What are the salary bumps for popular certifications (PMP, agile, scrum master, etc.)? I’ve heard $10k for secret and $10k for scrum

Anyone work at questrade or Wealthsimple and can comment on their company culture, outlook, and pay? I have interviews for both and would be interested in learning more about each.

Questrade Financial Group or Wealthsimple

like

Hey folks, I'm getting an offer as a SC in EY UK. Presently I'm a manager with EY India (up for SM next yr Oct 2021). Comp is 55k range (haven't officially received the figure, a few more days it's expected, doing some homework before that).

I'll be moving with family. Wife may not immediately start working (,find a new job, we have a toddler daughter as well 2 YO).

I personally don't find this offer commercially attractive. Can someone offer some counter arguments?

likehelpful

More Posts

What is the salary range in Accenture for Level 7 in the Applied Intelligence Team? Job location - Bangalore

like

One of my friend is looking for a job and she has experience of 3 + years as Business Analyst is there any opportunity please let me know

Are there any VC firms in Toronto/Canada with comparable pay to Consulting?

likefunny

Is it possible to live in Austin without a car? Moving down for a few months from Dallas but don't plan on bringing a car.

like

What would be the hike percentage for getting promoted from Associate consultant to Consultant?
Will I get the promotion percentage + year end cycle hike percentage (let's assume that I am getting 3 rating) or just promotion percentage?
YOE : 6+

like

I pity those who revel in the "accomplishment" of have 100+ YTD utilization. Y'all got suckered by the firm.

like

Via @NonEquityPartner on Instagram

Post Photo
likefunny

Got an offer from Microchip.
Can someone share some reviews about this company. Like the hikes, culture, wlb, office.

Thanks in advance

like
like

Has anyone sold at IQVIA? What’s comp like?

like

Hi Sharks,

Has any of you attended interview with ServiceNow company? I am shortlisted for second round, want to know what to expect in 2nd round and what to prepare.

like

What puzzles do people generally get as a question in senior data analyst role interviews ?

like

Got offer from zscaler , on SSE 2 position , is it safe to join . how is work life balance .

Anyone work at Alma? Interested in learning more about how you like it & company culture

like

I heard Sanofi is opening the delivery center like Novartis in Hyd !!! Any one have any news?

like

This time last year, I was making 70k without bonus potential. Tomorrow, I am putting in my notice and I will be making 110k with potential bonuses. Remember to take care of you.

likeuplifting

There really is such a direct correlation between cringey title and cringey posts.

Before LinkedIn...to me, the king of professional cringey was Shingy. Do you guys remember him? He was aol's overpaid "digital prophet" and got paid to visit companies at lunchtime and babble the same kind of nonsense we now call "LinkedIn cringe".

like

Please give some reactions to this post to help me enable my DM.

like

I am an Indian CPA and pursuing my level 2 Cfa. I have worked with family office and Swf and have relocated to Vancouver. Any tips on where to begin my job search

Considering an offer to go from firm (4 YOE) to become a privacy/product counsel for a tech company (non-faang). One concern for me is the potential of a recession in late 22 into 23 with the fed rate hikes. My fear is if that happens, me being on the chopping block as new in house counsel. If I stayed at the firm, I feel reasonably secure as an associate of not being laid off due to the market. How do in house counsel positions typically fare during lay off cycles? Any experiences to share?

like

Additional Posts in Accounting

Anyone here play Clash Royale. I'm addicted to this game. It's all I do besides study for the CPA exam

like

I am sure it’s been asked 100 times but humor me please. Best office chair to add to the good I’m doing with a stand up desk? Lol.

Would love to stay in a reasonable range if possible (800 max)

likefunny

Does anyone else keep a "Top 5 people who will leave soon" count?

like

How many intervals do you have to bill time at? We’re at 15 minutes intervals for professionals and six minutes for admin.

like

If you asked to be considered for early promotion and didn’t get it (despite being highly rated, exceeding billable goal, etc) would you look elsewhere? Is it right to be angry about it? I don’t want to spin myself up unnecessarily if it’s unjustified

like

My wife recently put in her two weeks and half the people she worked with are just ignoring her messages. They asked to work longer but bc of her new company she cant. Shes moving for about 60% more pay from external audit to senior accounting. Shes extremely sad and im confused why these firms are so uptight about this. She is giving them an additional 4 days which she wanted to use on vacation. Did she do something wrong?

like

Can you mention your ultimate goal is to make partner during campus interview? Or would that come off as distasteful

like

Looking to possibly boomerang back to public somewhere between senior and manager level in the Boston area, likely in the real estate industry. Either advisory or audit. Any interesting opportunities?

likehelpful

Thoughts on getting CFP when done with CPA (1 test left) and pivoting from audit to personal financial planning? Estates, taxes, savings, etc. Or should I just stick the OG plan and go into industry FP&A when I make senior/CPA?

like

Had an intern ask me today : “do you believe you’re adding value by what you do in audit?”

Damn....

likefunny

Because of that red border I see "Libido" every time I look at the BDO logo. Does anyone else see it too?#LBDO 😂

like

Anyone has insights into whether we can claim depreciation for our “home office” due to WFH? Not an expert here but looks like it’s for self employed individuals only, but maybe the individual tax experts in this community can help everyone out a bit 🤪

likehelpful

Why do you think firms got away not paying overtime or paying so little?

like

Rye brook New York

like
like

Can you get fired for having low utilization as a senior? My billable hours this busy season have been much lower than my peers.

like

If I'm forced to use my vacation, floater, etc. towards my study leave for CFE but I have vacation booked for right after CFE, will PwC still let me take that vacation as a "leave of absence"?

like

FAANG is now MAMAA (Meta, Apple, Microsoft, Amazon and Alphabet)…Whoa Mama! As if there weren’t enough acronyms in our lives. Happy Friday All!!!

funnylike

Staff Accounts,
What do you make?
Where state do you work in?
How long have you been there?

like

Does anyone else work at an office where the receptionist is a gate keeper, trying to keep tabs on everyone that passes location and timing and reason?

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

Scan your QR code to download
Fishbowl app on your mobile

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