Month: May 2019

A Candid Look At Investment Banking Salary And Bonus Levels

investment banker

These days, you can hardly find a more divisive topic than investment banking salary and bonus levels.  They are picked on by governments, criticised by media and either envied or derised by the public, depending on the individual.  Most of all, it’s a topic zeroed in on by investment bankers themselves.  After all, there aren’t …

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How To Make £277k By Switching Your Pension Provider

About a year ago, I changed jobs and left my old employer for a competitor.  The place I used to work at had a pretty decent pension plan with a generous baseline level and good employer matching program.  There are few things I like better than getting free money from the government in the form …

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Why We Make Bad Financial Decisions – And What To Do About It

One of the key reasons I started Banker On Fire is to help people make better financial decisions.  I get very, very frustrated when I see family members, friends and colleagues make choices that end up costing them thousands or tens of thousands of pounds over the long run.  Atter all, money equals freedom, and …

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When Paying Off Your Mortgage Is a Bad Idea

I never cease to be amazed at how much misinformation and bad advice exists out there when it comes to building wealth.  Sometimes the bad advice is given in good spirit and with the best intentions.  In other situations, people are trying to capitalize on others’ lack of financial knowledge to take advantage of them.  …

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Compare Yourself To Others To Build Wealth Faster

Life, liberty and the pursuit of happiness are the three unalienable rights in the US Declaration of Independence.   These are replicated in various forms in the constitutional documents of many other countries, at least those that have regard to the quality of life of their citizens. In fact, the pursuit of happiness is one of …

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