They had either found a great one bedroom to rent or had purchased a condo somewhere in Manhattan when I graduated from college in 1999, a bunch of my fellow first-year classmates at GS proudly proclaimed.
During the time, we constantly scratched my mind and wondered the way they could afford to spend $2,000+/month for rental or $500,000 for a flat whenever our salary that is base was $40,000 during the time.
I learned many of them came from very wealthy families as I got to know my classmates better, however. There was clearly a number that is disproportionately large of whom visited private universities. One classmate’s dad was indeed the Prime Minister of Canada. Another classmate’s parents had been GS Private Wealth Management consumers, in which the minimum become a customer had been having $25 million in investable assets.
Right Here I became, sharing a studio with my senior school friend for a total of $1,800 four weeks because neither of us desired to spend over $1,000 per month on lease.