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Make More Money, Way More Money!

June 9, 2011|By David Lester

Financial experts love to talk about how you need to cut, cut, cut
into your spending. How you need to eat at home, stop shopping and clip those coupons. As much as I like the idea of simplifying and being efficient with my money, we still need to enjoy our lives. 

Sometimes when we cut too much enjoyment out of our lives we fall
off the wagon and have a crazy spending spree to get some release
from the austerity. We wake up surrounded by shopping bags with
caviar smeared all over our faces from the night before. We can’t have that now can we dhaaaarlings?

My win win solution to this problem is to cut spending that doesn’t make you truly happy and then make way more money at what does make you happy. Look at what you do well and make more money at it. I, for example, love to talk about money, and now I get paid to write about it! How awesome is that?

What is Your Market Value:

Compare salaries to see what similar jobs are paying. Call a friend or a head hunter to find out. Many industry sites post the average salaries for any given job. You may be surprised to learn that you are not making the current average rate! And if you do make more than average you should still ask for a raise. Good people are worth hanging onto. You’re totally worth more.

List Your Accomplishments:

Make a list of all of the things that you have accomplished for the company. Make it a dollars and cents comparison. That is how companies value employees: growth of accounts in $$, new clients, increased productivity, and new systems to increase efficiency that therefore saves them $$. Write it all down with a dollar value for each item.
Meet With Your Boss:

Once you have all of your market salary rates and the long list of how you have positively helped your company’s bottom line, set up a meeting with your boss. At the very worst they’ll tell you what you need to do to get to your desired raise. Be sure to make a note of that information and then set out to complete them in order to get that raise. In a few months when they are satisfied, set up a new meeting with your boss.
Ask For More Money:

Don’t forget to ask for more money. You might not get it at first, but you won’t lose anything by asking. If there is money coming to be distributed and you’ve asked already, your boss will have you at the top of her mind. Because we both know you’re an ah-mazing employee. You should get what you deserve.
Do What You Love:

If you love what you do then do more of it. Moonlight after hours if your work allows. If you’re super organized and like getting out of a mess – charge to do it. People pay me to show them what to do with their money or with their businesses, but I pay a trainer to keep me fit. 

Make WAY more money and have an awesome week, 

Dave

David Lester
About David Lester

David Lester is a best selling author and professional Financial Coach, helping people be better with their money. David has written a personal finance book that breaks with traditional attitudes towards finance and describes his own philosophy to money that he has gained through his personal and professional experiences. His philosophy on money applies to many areas of everyday life, including banking, investing, goal setting, shopping and entertainment.