|

I’m freaking out. I can’t keep up financially. My student loans are over 1000 a month. My rent is close to 2k in NYC. My low salary has me using my Credit card to eat. I don’t have family to fall back on. I’m 25 and feeling trapped. I know I need to budget better and am starting there but wondering what others to do cope and if I should be freaking out as much I am?

likefunny
Share this 🔥 post
Arrow Icon

Salary at age 25?

likefunnysmart
Share this 🔥 post
Arrow Icon

$200k+ salary, no loans. Mid 20s. What should I be doing with my money? Buy property? Index funds? Thank you in advance!

likefunnyhelpful
Share this 🔥 post
Arrow Icon

Do you ever think we’re a little out of touch for how much $ we make as consultants and the expectations of growth in income we have? Sometimes I look at my salary and I’m like damn, I’m slacking compared to my peers or xyz firm average at this level. Other times I realize how I’m already making more than 87% (just googled this, not a hard stat) of Americans and make more than some people will ever hope to annually in their lifetime. Thoughts?

likeupliftingsmarthelpful
Arrow Icon

What’s the correlation between compensation & happiness? I have never been a very happy person (depressed from time to time) and my comp is only 150k. What compensation do I need to reach so that I can become immediately happy? 200k, 300k, 500k?

funnylikesmart
Arrow Icon

It seems morally wrong that consultants are paid more the PhD biochemists, physicists, engineers and social workers. Why is compensation so disconnected from actual value creation in our society?

likefunnysmartuplifting
Arrow Icon

I’ve seen some post with folks claiming that they have $300K to $500K saved up and are between the age of 24-27.. how is this true? Tell the true story. “I still live at home and parents cover my expenses and I didn’t have student loans?” $84K (before taxes) is the average pay for Management consultants in the US (Glassdoor). Please share how you’re saving up your whole salary year after year or have multiple jobs while delivering quality work for your current employer.

likefunny
Arrow Icon

I know a lot of people are upset today with comp coming out and I don’t want to be insensitive but I finally crossed the 6-figure line! I know a lot of people will laugh at this goal but I wanted to make 6-figures before 30 (I am 29). As a 2nd generation American, I wanted this goal for all the sacrifices my parents made to leave their homes and families to give me the opportunity that the US provides!

likeupliftingfunnyhelpful
Arrow Icon

How much does everyone have saved up at around the age of 26 and what is your salary?

likefunnysmart
Arrow Icon

Have an offer with google for 25% more base and 100% more total comp. But I’m a little skeptical leaving consulting as after 6 years that’s all I know and not sure how long will it take to get used to the pace/politics/growth of working in big tech. Is this fear completely irrational? Or has someone transitioned and then regretted leaving consulting?

likefunny
Arrow Icon

What is the salary range for tech-strategy in Dubai (big 4 or strategy firm), 9 yoe ? TIA

likefunny
Arrow Icon

Is there a “market salary” at the big consulting firms? I’m a big law attorney doing IP, and have always wondered what it would be like to get into consulting. Big law salaries are very lock step, so you get basically the same annual base compensation and bonus if you’re at the top 30-40 firms and working in a big city. Maybe more generally, I’m curious how much former big law associates make in consulting (if they ever make the switch), particularly if they understand Intellectual property.

like
Arrow Icon

When asked for “expected salary” during a phone screening, how do you guys determine that? Especially helpful if the role is not consulting, but industry

like
Arrow Icon

I’m losing motivation to give my best shot at work. SA passed up for promo in Mid Year and End of Year. Didn’t get any raise either, but got a good bonus. I’ve always given it the extra mile in at work, my previous managers will agree. But now, I feel my productivity and attention dropping. I just don’t give a damn anymore. This has resulted in me half assing my work. I know I shouldn’t, and that’s only gonna get me further from next promo, but I just have zero f’s to give.

like
Arrow Icon

New job starts first week of new year. When do I quit my current? Do I put in 2 weeks during holidays to be polite and allow for some transition? I’ll be off during that time anyway. Or do I just give 1 week and say it’s transition and leave so I can get my bonus paid out on 12/31

like
Arrow Icon

I interviewed with a consulting firm that’s not well known, a couple hundred people, competitive salary. As part of the interview process (after getting past a screener and a case interview), they gave me a large assignment of creating a deck that they were supposed to look at, provide feedback, allow me to make corrections, and finally present to them. This initial presentation I sent took no less than 12 hours to complete. After I sent it, they ghosted me until rejecting me a week later.

like
Arrow Icon

@HR experts here, is upping compensation usually the biggest lever to pull for companies to retain employees?

like
Arrow Icon

Anybody know of good job opportunities in DC Metro, either consulting or corporate, that are NOT federal or gov service? Something with good comp and trajectory for somebody in earlier career.

likesmart
Arrow Icon

How much would you expect as all in compensation when exiting to corporate strategy after spending two years post MBA in consulting?

likefunny
Arrow Icon

Is anyone here that did their mba in their 30s? Just trying to understand how you approached your decision. How did your post degree compensation scale?

likehelpful
Arrow Icon

Best tool/ site to get salary estimates??

like
Arrow Icon

Best way to negotiate salary when recruiter gave a higher range initially? The offer came in lower (100 vs the range of 110-120) - they did offer lot of equity but I rather have more salary

like
Arrow Icon

For those who consistently donate to people in need, approximately what percentage of your post-tax salary do you donate in a year? I'm just curious where I am relative to my peers. It looks like this year I'll be donating ~2%. I haven't been working long so I definitely donate more than I have in the past. I also don't always make donations that are tax deductible. Please no contrarians or people telling me I should put my money in the stock market/savings. :)

like
Arrow Icon

What are peoples thoughts on buying a house on an FHA with minimal down payment? Don’t have a ton of free cash but am doing well in consulting currently, additionally my fiancé is about to start as a PA with a very nice salary.

like
Arrow Icon

What amount of a sign on bonus would make you leave an employer you love and make you miss out on end of year bonus? (Given the pay and benefits are veerrrrryy agreeable at the new company)

like
Arrow Icon

I just received an offer, and want to make sure I’m not leaving any money on the table. What is the typical wiggle room companies have for negotiation? What would be a good counter salary increment (in terms of %) that won’t scare them off, but allows me to capture as much of that wiggle room they have? (No defined compensation matrix or anything at this company) thanks!

like
Arrow Icon

Are there any firms that share a percentage of the engagement profit with the delivery team? Obviously this would be a small end-of-engagement bonus based on success of delivery.

like
Arrow Icon

Lateraling to MBB and I tried to negotiate equity as a part of my comp and they said hard no. Should I walk away?

funnylikeuplifting
Arrow Icon

What do Venture Associates usually do? What is typical comp/ YOE and is this a good pivot from Corporate Strategy or Strategy consulting?

like
Arrow Icon

how many YOE does it take to cross $400k salary for a real estate agent? is that a realistic pay band??

funny
Arrow Icon

In terms of better compensation in technology consulting is it deloite>pwc>ey>kpmg ?

like
Arrow Icon

Looking for jobs in a different (lower cost of living) area of the country. How do I answer “what is your desired compensation” type questions when I’m not sure what the equivalent salary is compared to where I live now?

like
Arrow Icon

What would you prefer? - work in consulting with an average salary and live in a lively city by the sea side - work in an investment bank earning lots of money, in a cold and very boring city

likefunny
Arrow Icon

What’s the most you’ve ever been able to increase base salary offered after passing through the interview process? 5K? 20K?

like
Arrow Icon

At a tech firm - is it better to have 10K (%of salary) extra in annual bonus or 10K in annual RSUs assuming RSUs fully vest in a year?

like
Arrow Icon

Which consulting streams have the highest compensation? Ex. Tech consulting, financial services, HR

like
Arrow Icon

Submitted an app - recruiter reached out via email to set up an interview with someone on the hiring team...how do I ask about comp expectations? Have never spoken to the recruiter

like
Arrow Icon

Got an offer for a role I really like. I accepted the offer but then got another offer that I wasn't expecting with slightly more comp and a sign-on bonus. Should I go back and ask for them to match the offer if I've already accepted?

Arrow Icon

To all the new hires to the big 4 or other firms, what’s the lowest sign on bonus you would accept? I understand it may be lower than usual / non-COVID times but trying to understand if 5K is lowball and how much higher I should negotiate. Thanks.

like
Arrow Icon

Related Posts

PI Finance Manager 3 promoted to Senior Manager this year. What should I expect as base salary and promotion bonus? Not worrying about PBB...that's unlikely to impress anyone.

like
Arrow Icon

What would a typical compensation be for a L6 Solution Architect role at AWS ? New England region 13+ YoE

like
Arrow Icon

When friends want to "brunch," but your salary doesn't... #NYCLivingProblems

like
Arrow Icon

Typical salary range for a PwC SM?

like
Arrow Icon

When does your bank notify you of your bonus?

like
Arrow Icon

Got offered an MD position at a large Commercial RE firm for strategy. Any tips for what to ask for? They’re already agreeing to nearly double my salary at 220k from 110k and up to 50% annual bonus...

likeuplifting
Arrow Icon

What’s a good salary for a comfortable life in the SF area? Moving from NY to SF. At the strat Director level.

like
Arrow Icon

Banker hour, accountant salary.....

like
Arrow Icon

What’s the typical comp range (base + bonus) for a SM in Deloitte Strategy & Analytics (on the strategy side, if it’s bifurcated)?

like
Arrow Icon

What's a typical associate experience Designer salary at a large agency in NYC?

like
Arrow Icon

What's a typical salary range for a customer experience manager at a tech firm (not fb, google, etc..)?

like
Arrow Icon

HR calls to offer you the job. Before they tell you the salary, they ask how much you’re currently making. How do you answer this? Honestly? Bump it up a little? I hate the question

like
Arrow Icon

starting salary for Charlotte NC or Miami as a junior art director ?

Arrow Icon

I know switching jobs every few yrs helps maximize comp, but is it possible to still get close to reaching your potential at same firm? I like my firm, but can’t help thinking...(cont.)

like
Arrow Icon

I’ve won the past ten games of Catan I’ve played. Does this mean I’m destined to be one of the world’s top strategy consultants? I intend to discuss this remarkable feat with my manager and request my salary be doubled to better align with my value to the firm as a strategic savant.

likefunny
Arrow Icon

Pay Increase - $103,500 ...with a 3,300 bonus! DC area - acting manager! What's yours and location?

like
Arrow Icon

what’s a decent salary for a senior brand strategist in nyc? $110k? $120k? higher? 8 years total experience, ~4 in advertising. not looking for someone to link me to the real salaries excel. i want to hear it straight from the horse’s mouth.

like
Arrow Icon

Just had a recruiter tell me he’s not allowed to ask what I make currently and the offer will be based on the comp I’m targeting. This law is creating an interesting new dynamic

like
Arrow Icon

Which is more important: culture or salary

like
Arrow Icon

What’s the typical promo and bonus % when going from staff to S1?

like
Arrow Icon

Additional Posts

Currently Senior 1 - have opportunity to leave for 90K + 10-15%bonus for external reporting senior position. Current salary 65K. I want to go but I don’t want to settle.

like
Arrow Icon

How/where do you find inspiration or motivation? I have so many goals but am a pretty lazy person

like
Arrow Icon

Deloitters complaining about comp and lack of transparency. Happy to help: 95% of you complaining are a 3 or 4 / mid to low performer. If you’re unhappy, move on and be mediocre somewhere else. 👋

likefunnyuplifting
Arrow Icon

If I put Tableau on my resume, can I learn the basics 24-48 hours before an interview if needed (similar to how you can with SQL)?

funnylike
Arrow Icon

What corporate credit card does each firm use? At KPMG we use Diners :/

funnylike
Arrow Icon

Has anyone made a switch from big 4 to regional? What's the experience like?

like
Arrow Icon

Can I call recruiter to follow up after a phone interview with hiring manager? She knows I have other ongoing interviews and I can’t wait around. Hiring manager told me I’m moving to next rounds.

like
Arrow Icon

How much should an AE with 2.5 yrs experience in the role be earning in nyc?

Arrow Icon

Flight is oversold. $800 AmEx gift card to get on the next one an hour later!!! 💁🏼💁🏼💁🏼💁🏼🏆🏆🏆

like
Arrow Icon

Let's vote to get a count of users on FB from major consulting companies. Next 10 replies are for the 10 companies. We can find the most active consulting group active on FB snd I will get votes 😜

like
Arrow Icon

Salary & service line. Go!

like
Arrow Icon

CBS Vs kellogg for MBB?

like
Arrow Icon

What do people talk about on FB when they're not talking about layoffs?

like
Arrow Icon

System message: The description for MBA Applicants changed to This bowl is for all fishes who are applying to MBA programs for the class matriculating in 2018.

Arrow Icon

How big is the interview difficulty gap between Big 4 and MBB?

like
Arrow Icon

Anyone find any "cold calling"-esc ways of bringing in clients? Or best non-referral based client acquisition methods?

like
Arrow Icon

More tenured team member will ask me for input on client context, resources, help with slides, etc... and then take full credit when the manager gives praise. Drives me nuts. Any ways to push back?

like
Arrow Icon

Just left audit for Sr accountant job. Is there an expectation to ask for more work in industry? Feeling no since I’m not “charging hours” or submitting a timesheet but feeling way overpaid for doing almost nothing (not complaining just don’t want to be fired).

like
Arrow Icon

What is the average experienced Manager salary for the Financial Services Deals / DDV practice at PwC?

like
Arrow Icon
That was just a preview…
Sign Up to see all discussions
  • Discover what’s 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 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

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

Please enter a valid number