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A lot of biglawyers are terrible with money
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Date: September 23rd, 2014 12:30 PM Author: fluffy milky national security agency national Are my s/o and I really cheap or are a lot of biglawyers terrible with money?
This is our finances profile: Me: Junior biglaw salary; 85k debt; 60-70k savings. S/O: 55k salary; no debt; 60k savings; parents have 10mm+ so willing to help us out if we needed it Rent: 2k Utilities/food per month: another 800-900
Example of friends in biglaw: Friend 1: 6th year biglaw; 180k debt; 200k savings Rent: 3200 Utilities, etc.: another 1000 per month
Friend 2: 6th year biglaw; 100k debt; 40k savings Rent: 4000 Utilities: another 700 a month
Keep in mind these people are years ahead of me and should have more money saved up IMO.
Most people I know in biglaw do not have rich spouses or parents and spend a ton of money on wedding, travel, etc. (Although one of my friends has a really rich wife and therefore hasn't paid much of his loans down and just spends money, but that's fine.)
Are we super cheap or just more reasonable?
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Date: September 23rd, 2014 12:35 PM Author: Stirring Pearly Temple you mispelled "americans" (http://www.autoadmit.com/thread.php?thread_id=2682120&forum_id=2#26381480) |
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Date: September 23rd, 2014 12:38 PM Author: fiercely-loyal macaca Utilities, etc.: another 1000 per month
Lol what |
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Date: September 23rd, 2014 12:38 PM Author: fluffy milky national security agency national They have gym membership, food, subway pass etc. 1000 is reasonableish. (http://www.autoadmit.com/thread.php?thread_id=2682120&forum_id=2#26381512) |
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Date: September 23rd, 2014 12:40 PM Author: fiercely-loyal macaca You're a moron. (http://www.autoadmit.com/thread.php?thread_id=2682120&forum_id=2#26381523) |
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Date: September 23rd, 2014 12:40 PM Author: fluffy milky national security agency national (http://www.autoadmit.com/thread.php?thread_id=2682120&forum_id=2#26381528) |
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Date: September 23rd, 2014 12:41 PM Author: Nubile Shivering Hell How do you know these ppls finances so intimately (http://www.autoadmit.com/thread.php?thread_id=2682120&forum_id=2#26381531) |
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Date: September 23rd, 2014 12:42 PM Author: fluffy milky national security agency national Cause they are my relatively close friends.
I just think they are awful with money, and I tell them that
Another friend spends 2k a month traveling (not kidding) but he has no loans.
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Date: September 23rd, 2014 1:03 PM Author: Nubile Shivering Hell Idk my friends debt, income, rent though. (http://www.autoadmit.com/thread.php?thread_id=2682120&forum_id=2#26381700) |
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Date: September 23rd, 2014 12:42 PM Author: nudist dashing mad cow disease do you also realize a sr biglaw person makes 100k more than you? and you are crowing about them spending 10k more in rent than you? (http://www.autoadmit.com/thread.php?thread_id=2682120&forum_id=2#26381545) |
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Date: September 23rd, 2014 12:44 PM Author: fluffy milky national security agency national A 6th year is not senior...
They still have a ton of debt
They all want out of biglaw, so I figure paying off your debt is the first step |
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Date: September 23rd, 2014 12:45 PM Author: nudist dashing mad cow disease 6th year with bonus makes like 300k
you: done here |
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Date: September 23rd, 2014 12:47 PM Author: fluffy milky national security agency national Meaning they take home around 50k more than me
Yet they still have debt...
Probably because they blow 10k on each vacation they take per year, etc.
And this means they are good with money?
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Date: September 23rd, 2014 12:49 PM Author: nudist dashing mad cow disease you: bragging RSF style about having 10M from your SO's parents
i mean congrats on your shrewd marrying into a rich family i guess |
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Date: September 23rd, 2014 12:50 PM Author: fluffy milky national security agency national They aren't paying my loans though - so I paid down all of it myself (http://www.autoadmit.com/thread.php?thread_id=2682120&forum_id=2#26381617) |
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Date: September 23rd, 2014 12:43 PM Author: nudist dashing mad cow disease also " parents have 10mm+ so willing to help us out if we needed it"
lolz |
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Date: September 23rd, 2014 12:44 PM Author: fluffy milky national security agency national Most important line
Plus, We never pay for our own travel during holidays, etc.
We didn't pay for our own moving costs and we didn't purchase any furniture for our apartment either |
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Date: September 23rd, 2014 12:45 PM Author: nudist dashing mad cow disease cool story bro (http://www.autoadmit.com/thread.php?thread_id=2682120&forum_id=2#26381579) |
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Date: September 23rd, 2014 12:44 PM Author: Laughsome swollen stage jew (http://www.autoadmit.com/thread.php?thread_id=2682120&forum_id=2#26381561) |
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Date: September 23rd, 2014 12:55 PM Author: angry ebony cruise ship Ever walk into their apartments? It's like a warehouse for zappos, amazon, and newegg. Boxes of unopened or unused merchandise everywhere. (http://www.autoadmit.com/thread.php?thread_id=2682120&forum_id=2#26381655) |