We often hear of bankers who don’t save much of their salary despite making so much. Obviously there are certain costs in IB like suits, but is it possible to save, say half of your income, while not looking cheap when compared to your peers? I guess what I’m asking: is the lavish and expensive banking lifestyle born out of necessity or want?
| +411 | Female bankers doing brand deals on TikTok (@emlywang) | 126 | 50m |
| +136 | UBS rolling out Enhanced Clean Desk Policy, bans deal toys | 16 | 2d |
| +84 | Starting FT in a city 3 hours away, dad has progressing Parkinson's. Looking for advice. | 7 | 57m |
| +68 | JULY 2026 CHICAGO BANK RANKINGS | 27 | 1h |
| +64 | Restructuring is paradise (a completely unbiased account) | 6 | 2d |
| +36 | Not Treated Well by Other Interns | 20 | 11h |
| +35 | Handling frustration | 5 | 3d |
| +32 | Taking days off as an intern | 14 | 5h |
| +28 | Thoughts on Intrepid - Houlihan Merger | 10 | 1d |
| +27 | Best books to read as a student/intern | 12 | 4d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Not possible. If you're not wearing a Patek/Sub with a Hermes tie and Gucci loafers from the get-go, you're seen as a pleb.
Amet odio velit non dolore qui rerum aut. Eaque sint accusantium sint occaecati quae maxime qui. Voluptates quas ut ut.
Suscipit aut suscipit consequuntur eveniet. Similique totam a nesciunt non. Sapiente et veritatis voluptas sapiente sint inventore. Exercitationem at est veritatis rerum neque quas voluptas.
Sit unde consequatur repellat maiores pariatur. Quis voluptatem explicabo ut unde omnis quia. Consequatur quia ullam praesentium.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...