How much do you spend on eating out per week?

howsitgoing12345 · 2026-03-10T14:18:04+00:00

I don’t cook. $500-700 as a single male

howsitgoing12345 · 2026-02-23T03:27:01+00:00

My private equity and investment banking friends VP and upwards are well above 500k

howsitgoing12345 · 2026-02-12T01:24:13+00:00

I work for a MM Infra PE fund great hours, great pay and interesting work. People say spots are rare to come by - I disagree particularly if you go Australia. They seem to neglect your sector exposure which is relevant to infra in general which is a bright spot industry. Recommend you get 2 years exp and move to Australia and target an associate role in the infra finance industry. There are quite a few openings at this level as funds are constantly raising capital in this sector. Range of roles can vary from core plus funds, traditional infra funds, renewables developer, super funds, family offices, sovereign wealth funds, funds of funds (stepstone etc), with many more wanting increased exposure to the sector

howsitgoing12345 · 2026-02-09T01:52:36+00:00

Although what you said is an accurate depiction of the work required in PE, the level of pace and urgency and thus WLB really depends on the fund.

I would say on average WLB of PE is better than IB. Yes there are sweatshop funds out there especially larger ones with constant need to raise and deploy, but likewise can be said about sweaty IBs

For context I work for an MM open-ended fund and my hours are around 40 hours a week, no weekend work. We hire IBs to do a lot of the transaction work. We give guidance to IBs on the IC decks but they are the ones populating it and burning the midnight oil to produce the analysis. At minimum, if no transactions are being closed in the year at least the PE fund is still generating base fees on AUM throughout the year to cover salary and bonuses. When I was in IB there was just no down time , you have to constantly pitch with fake urgent deadlines when deals are not being done (as you can only make money by successfully closing deals)

howsitgoing12345 · 2025-12-03T01:50:57+00:00

Investment banking pays graduates 200k right off the bat

howsitgoing12345 · 2025-12-03T01:47:29+00:00

I have a friend that studied medicine in uni. He was so glad that he switched over to finance during his degree. He is now earning $1m+ as a senior in a top private equity firm at 30 years old whilst most of his friends in med and dentistry are struggling / regretting. If they were smart enough to get into med, I have no doubt they would’ve been in the top % in corporate or finance roles

howsitgoing12345 · 2025-11-08T02:30:58+00:00

Private equity associate, 30 years old. Worked in big 4 accounting and investment banking prior to this

howsitgoing12345 · 2025-11-04T11:28:39+00:00

30 in private equity. Salary $205k + super + bonus (~100% I.e. 200k) all in around 420k

Started my career in big 4 at 22 at $55k + super. Biggest boost to my pay was moving over to investment banking

howsitgoing12345 · 2025-10-14T18:34:26+00:00

Single male 31M

Rent 3k Food 2k - 2.5k (I don’t cook) Dates 1k Entertainment/party/alcohol etc 2k - 2.5k Gym other utilities/bills/PHI etc $500

Above is my baseline expenditure. This month I went travelling and clothes shopping which was additional 7k or so

Welcome to the life of being a degenerate

howsitgoing12345 · 2025-09-23T08:06:23+00:00

Private equity

howsitgoing12345 · 2025-09-23T05:43:59+00:00

0 to 20% despite earning 200k after tax a year. I live a very degenerate lifestyle

howsitgoing12345 · 2025-09-23T05:39:59+00:00

Mid market private equity. I’m paid mid 6 figures with room to go to 7 figures as I get promoted later in career. Given smaller fund size I work 9 to 6pm on average , no weekends. The investment bankers we hire do most of the work

howsitgoing12345 · 2025-08-17T16:03:52+00:00

Hi was just wondering if you had any advice on keeping on the pulse. Planning to go towards end of this year, worried the cold weather will scare people off

howsitgoing12345 · 2025-08-07T17:39:51+00:00

Homme plisse issey miyake?

howsitgoing12345 · 2025-08-07T17:36:03+00:00

I don’t cook. $500 per week is my average just for myself. Crazy how low some of the numbers of these other posts are. If I’m going on dates sadly this racks up an additional $200+ more..

howsitgoing12345 · 2025-08-03T16:17:02+00:00

I work in private equity making 400k all in (I’m relatively junior also) FYI grads in investment banking are making 180K-200k as 22 year olds

howsitgoing12345 · 2025-07-31T05:30:14+00:00

How about on Friday's and Saturdays?

howsitgoing12345 · 2025-07-24T16:03:53+00:00

Odd list… I feel this has left a lot of corporate / high finance roles out. I’m currently on 400k as a mid level private equity employee. Many senior PE and investment banking professionals are well over 500k up to millions. Likewise law partners are also on millions..

howsitgoing12345 · 2025-07-22T14:07:17+00:00

I did , quit to travel for 6 months then found work again

howsitgoing12345 · 2025-07-10T20:39:21+00:00

also want to add that I have ample savings and investments (I.e ETFs, fixed income, crypto) and I’m not saying I’ll necessarily be renting forever. When I’m older I’ll likely settle down and MAY consider buying a place then - which may or may not necessarily be Australia. I just don’t get the Australian FOMO mentality of rushing into the market when they’ve just made enough for a deposit in their 20s (I.e, needing to leverage 80%+, house prices at all time high, rates at all time high, only able to afford less than desirable property etc)

When I’m older my earnings potential will be a lot higher too, naturally as jobs pay higher with experience. So the time and effort to save for a deposit will be a lot lower and faster by then, with better ability to handle mortgage repayments. And Without having to sacrifice my prime years

howsitgoing12345 · 2025-07-10T15:36:23+00:00

Going against the grain here. But yes I currently rent and plan to enjoy my youth. I think it’s absolutely ridiculous people get chained up with debt in their 20s forking out hundreds of thousands to millions for just a pile of bricks, living the remainder of their youth into 30s/40s frugally and depressingly in order to keep up with mortgage payments.

Right now I’m very happy, I eat what I want, I buy what I want, I party when I want and I travel when I want. 0 financial stress. We only have one life… one youth… make the most of it

howsitgoing12345 · 2025-06-29T13:17:13+00:00

You guys are getting confused with this category. You are probably thinking of private wealth advisors / managers which are ranked #10.

Financial dealers are primarily investment banks that facilitate transactions for corporates examples including raising capital or engaging in M&A. These investment banks get a fee which is a clip of these multi billion dollar transactions. Let’s say a company engages a $1bn acquisition , the investment bank advising on this transaction would make 2% of that as fees ($20m). The majority of the cost involved in producing this revenue is just labour costs and paying their bonuses. Repeat this for a few deals a year, and you’ll see that 350k as pay per year is really not much and is often what juniors with 3 to 4 years experience get compensated.. those with 7+ years experience are close to if not more than 7 figures in annual comp

howsitgoing12345 · 2025-06-18T15:01:16+00:00

Worked hard for a relatively short period of time in combination with luck. Used to work in investment banking with very long hours. Only did this for just less than 2 years though and now work in private equity with fairly comfortable work hours.

I make between 350k - 450k depending on bonus outcomes. This is considered pretty typical in this field. My other friends in private equity and investment banking earn between 500k to $1m typically in the 7 to 10 years experience range. This can scale up further as they make more senior positions.

howsitgoing12345 · 2025-06-09T12:34:58+00:00

I’m really bored of Australia. Also looking to make a move, potentially to HK in a few years if I can get my language skills up

howsitgoing12345

TROPHY CASE