Hi everyone,
I’m currently a BISO (Business Information Security Officer) working at one of the Big Four in the banking sector.
My financial situation is quite solid:
Annual compensation: ~617k
Liquidity: ~45k (TBILL, ETFs, money market)
Debt: ~20k (monthly payment ~1k)
Monthly net income: ~55k
Investment portfolio: 1M+
Although I’m financially comfortable, I feel stuck in terms of salary growth . My goal is to break through income barriers like 60k, 70k, 100k, or even 120k per month, but without sacrificing too much flexibility since I want to dedicate time to personal projects and entrepreneurship (consulting, business, etc.).
My current situation and challenges:
I don’t work for money. My focus is on implementing processes, innovating, and improving the company.
The banking sector in US/Canada is highly resistant to technological and procedural changes. This is frustrating because I feel my impact is limited.
I don’t want to rely solely on TBILL or ETFs, as the returns don’t compare to building a business.
Options I’ve considered:
Moving to a higher responsibility role (Director, VP). This could increase my income but would sacrifice flexibility and limit my time for entrepreneurship.
Starting a business related to cybersecurity consulting, leveraging my expertise to generate higher long-term income.
Exploring international opportunities with companies that value my profile more. This might involve relocation or visas to work in banks or tech companies overseas.
How can I break the income barrier without sacrificing flexibility or my personal growth vision? Has anyone been in a similar situation?
I’m currently a BISO (Business Information Security Officer) working at one of the Big Four in the banking sector.
My financial situation is quite solid:
Annual compensation: ~617k
Liquidity: ~45k (TBILL, ETFs, money market)
Debt: ~20k (monthly payment ~1k)
Monthly net income: ~55k
Investment portfolio: 1M+
Although I’m financially comfortable, I feel stuck in terms of salary growth . My goal is to break through income barriers like 60k, 70k, 100k, or even 120k per month, but without sacrificing too much flexibility since I want to dedicate time to personal projects and entrepreneurship (consulting, business, etc.).
My current situation and challenges:
I don’t work for money. My focus is on implementing processes, innovating, and improving the company.
The banking sector in US/Canada is highly resistant to technological and procedural changes. This is frustrating because I feel my impact is limited.
I don’t want to rely solely on TBILL or ETFs, as the returns don’t compare to building a business.
Options I’ve considered:
Moving to a higher responsibility role (Director, VP). This could increase my income but would sacrifice flexibility and limit my time for entrepreneurship.
Starting a business related to cybersecurity consulting, leveraging my expertise to generate higher long-term income.
Exploring international opportunities with companies that value my profile more. This might involve relocation or visas to work in banks or tech companies overseas.
How can I break the income barrier without sacrificing flexibility or my personal growth vision? Has anyone been in a similar situation?
Statistics: Posted by geshiro — Sun Jan 12, 2025 12:44 pm — Replies 11 — Views 679