How Much I ACTUALLY Made at Every Job (Finance, Tech) | Your Rich BFF
Getting Financially Naked: How Much Money I Made Every Year Since College
In this video, Vivian shares her income history since college and how she made that money. She also provides an easy and accurate way to see exactly how much money you've made down to the dollar.
Income History
- To get an accurate record of how much you've made, head to ssa.gov.
- Head to "my Social Security" and click "view my past earnings" to get a chart of what you made every year since you started working.
- Focus on the taxed Medicare earnings column for an accurate income number.
- 2013 - Made $1,223 from odd jobs around campus and a terrible unpaid marketing/sales internship.
- 2014 - Made $6,707 from a legitimate paid internship as a Commercial Banking Analyst at Fifth Third Bank in Chicago.
- 2015 - Made $27,271 from a summer internship in sales and trading at JPMorgan with an annualized salary of $85k prorated over about ten weeks and a signing bonus of $10k.
- 2016 - Made $46,093 as a Trader on the equities desk at JPMorgan for half a year of working after graduating from uchicago in late spring of 2016.
- 2017 - First full year of real work making $97k.
Insights
- Use ssa.gov to get an accurate record of your income history down to the dollar.
- Paid internships can be lucrative opportunities for college students looking to make some extra cash.
- Working in sales and trading can be stressful, but the pay is great.
- Working long hours with client events and obligations after work can make a high salary less appealing.
Introduction
The speaker talks about their experience working on Wall Street and how they eventually left to work in digital media strategy sales at BuzzFeed.
Leaving Wall Street
- Groceries to Transportation was expensive in America, making the speaker's salary feel insufficient.
- In 2018, the speaker left their job on Wall Street for a job at BuzzFeed.
- The speaker made $109,054 in 2018, half of which came from their previous job on Wall Street.
Early Years at BuzzFeed
The speaker discusses their early years at BuzzFeed and how they started making more money through sales commissions.
Junior Salesperson
- In 2019, the speaker was still a junior salesperson learning the ropes.
- They worked hard and started bringing in some pretty meaningfully sized deals.
- Their base salary was only around $80,000 or so at the time.
Making More Money Through Sales Commissions
- Due to sales commissions, the speaker was making way more than their base salary.
- They sold things like basic ads media distribution custom content all the way to experiential events website launches and even full-blown joint business Partnerships.
- Their all-in earnings for 2020 were $362,358.
Advancing at BuzzFeed
The speaker talks about how they advanced at BuzzFeed by taking bigger accounts and making larger deals.
Getting Bigger Accounts
- Because of proven success with smaller clients in 2018 and 2019, the speaker started getting bigger accounts.
- They were able to take some massive swings that hit well.
All-In Earnings for 2021
- In 2021, due to wins late in 2020 that ended up paying out later due to commission cycles, the speaker's earnings were inflated.
- Their salary was only around $112,000, so most of their income came from commissions.
- Their all-in pay for 2021 was $647,382.
Pursuing Your Rich BFF
The speaker talks about quitting their job at BuzzFeed to pursue their business venture full-time.
Quitting Job at BuzzFeed
- The speaker quit their job at BuzzFeed to pursue Your Rich BFF as a full-time business.
- They knew they didn't want to look back on this moment and regret not taking a chance.
Success with Your Rich BFF
- Your Rich BFF exceeded all of the speaker's wildest dreams and has been a pretty lucrative investment of their time so far.
- The speaker will give a breakdown of how much money they made in 2022 in the future.
Conclusion
The speaker encourages people to talk more openly about money and shares that discussing salaries can lead to more negotiating power for workers.
Talking About Money
- Discussing money can feel shameful or embarrassing, but the more we do it, the more comfortable we'll get.
- Sharing salary information can lead to more negotiating power for workers.
- If viewers found this video interesting, they should like and subscribe and maybe even share what they do and how much they make in the comments.