TAILIEUCHUNG - 50 money saving tips smartasset

The easiest way to increase your savings is to increase your income. Here are a few tips to help you maximize your revenue by improving your number one revenue generator, yourself. 1. Increase your income by asking for raise: In the majority of cases your employer will not give you a raise (or the raise you really want) unless you ask for it. But before doing so you need to take an objective look at yourself and the marketplace for employees with similar skill in similar roles. Before approaching your boss yourself the following: a. Do you realistically deserve a. | Income The easiest way to increase your savings is to increase your income. Here are a few tips to help you maximize your revenue by improving your number one revenue generator yourself. 1. Increase your income by asking for raise In the majority of cases your employer will not give you a raise or the raise you really want unless you ask for it. But before doing so you need to take an objective look at yourself and the marketplace for employees with similar skill in similar roles. Before approaching your boss yourself the following a. Do you realistically deserve a raise Have you added value to the company in a significant way Identify the key performance indicators for your job how are you doing You should be meeting expectations or exceeding them in all aspects. b. Are you underpaid relative to employees with the same responsibilities in your area c. Have you been asked to take on additional responsibilities It may be wise to ask for a raise. Sites like and job boards can help you understand how much jobs similar to yours are currently paying. You can use that to negotiate or leave for a position with more pay. d. Have you kept your skills up to date The best way to move forward in your career is to keep learning and become smarter. Generally the more awesome you are the more money you can potentially earn. Did you recently finish a master s program or certificate program According to the Bureau of Labor Statistics the skills you learn from grad school can net you an extra 162 per week over an undergraduate degree on average. Of course this is an average because a Master s degree in Philosophy will probably still earn less than an Accounting degree. However unemployment is much lower among those with a graduate degree and a major contributor to the 30 difference in salary. e. If you haven t you can update your real world value through a site like Skillshare. Skillshare classes are a great short term substitute for an advanced degree and can help you

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