How does everyone manage their commission? ๐Ÿ’ฐ

Interested in understand everyoneโ€™s strategy in handling their commission. Iโ€™ve heard of the basic rule of 3, one third towards investment, one third savings and the rest to enjoy.


we work hard to earn it, how do we make the most of it?

๐Ÿ’ฐ Compensation
๐Ÿ’ธ Investing
1
CoorsKing
WR Officer
4
Retired King of the Coors Knights
Good thread here:ย  https://bravado.co/war-room/posts/how-much-of-your-paycheck-are-you-investing

I do 15% 401K, 10% ESPP, 10% savings/misc investments, and then what is left over after bills is fun money.ย 
rookienumbers
1
AE Manufacturing
Obviously, you put it all on meme coins like DOGE.ย 
Tres
Politicker
1
Account Executive
Maxing out the annual contributions to the 401k is a good start, but then having a dedicated amount to freely spend is fun too. I think the actual percentages or amounts depend on the person. You know your own personality and if you need to be a more diligent saver or not.ย 
CaneWolf
Politicker
1
Call me what you want, just sign the damn contract
LIVE OFF YOUR BASE (including 401k and IRA investments) which should include the fun stuff.
countingmyinterest
Politicker
1
Account Executive
I do 401k max, HSA. I sent 5-10% to recurring buy crypto and stocks (might invest even more), then have my fixed costs, then I'll spend it on fun money.ย 
Chep
WR Officer
0
Bitcoin Adoption Specialist
Commission is my spending money for fun things base is for bills and shit
48
Members only

Have you ever made more in base salary than someone else on your team but you were both responsible for the same quota?

Question
131
20
Members only

What's everyone spending their Bravado commission on?

Discussion
59
2

Transferrable Commission?

Question
6