Say you make $50,000 a year and you can change that.. make say $75,000. Look at what that alone can mean. At about $17,000 after taxes, and at a 6% return, that’s an amazing $230,000 in 10 years, $400,000 in 20! Think of what that alone can do for your life, your future.
And how about working at something you like a heck of a lot more. What’s that worth?
For most people, I’m hard pressed to think of a better investment than investing in themselves. Surprisingly, however, most people never stop and take the time to learn how to do it.
To invest in yourself and win you need to do a couple of things right.
The first is do your homework. Extremely thorough homework is critical here. And that includes learning all you can about which companies and maybe which industries reward their people a lot better than others. Sometimes the company you work for, alone, can be such a key to your financial success.
The other thing is to be disciplined. Work at becoming as good as you can be at what you do and reliable and thorough at your work. Most people aren’t, you know, and who do you think it is that gets the best raises, the best promotions? The people who do these things, that’s’ who.
Also, if you can learn new skills or improve existing ones by getting some additional education, do it.
Last of all, when it comes to getting a better raise, a promotion, or a better job, once again knowledge is power. So here is what you need to do.
Invest at least 7-8 hours of your time to read up on the advice that’s out there on this subject just waiting for you.
I’m not sure I could ever come up with a more profitable use of your time. A bigger raise.. a better job? We’re talking a lot of money here, and quite possibly a better quality of life, so I think it’s fair to say that 7-8 hours of your time is definitely one heck of a good investment.
To get you started, listed below are several good articles for you to read. But after you do, go Google “how to get a raise or promotion” and start reading and taking notes on what you find.
Once you’ve done this you’ve seen to it that the power of knowledge will be working for you, not against you, on this extremely valuable task. Thorough preparation is worth its weight in gold when it comes to something like this.
There is also something else to consider. For most people, the fastest way to raise your pay the most is to job hop. Raises run say 5% a year while a couple of job changes will net you a lot more than that.
But should you do that? Maybe,,. And maybe not. Maybe staying where you are will get you a promotion sooner. Do you like the people you work for and with, the company you work for, the kind of work they have you doing? These things can mean a lot so you need to factor them in. Job satisfaction is a very valuable thing, so if you have it don’t take it lightly.
Last, and by no means least, if you haven’t already seen the 3 minute Project Introduction and Overview Video for my MoneySmart Project, please do so.
At the end of the video you’ll get a coupon to see Course #1 – How to Get a Better Price or Deal on Almost Anything for free. That course is priceless in its own right and it will also give you more good input yet on how to go get that better raise or promotion.
www.themuse.com/advice/the-ultimate-guide-to-getting-that-raise-you-deserve
http://www.wikihow.com/Get-a-Promotion