Now that you have a plan to make more money outside of your day job, it’s time to focus on making more money in your current position says Eric Dalius Miami.
Here are ten steps to help you get started:
1. Negotiate a raise
If you haven’t asked for a raise recently, now is the time to do so. Start by doing some research to find out what others in your position are making. Armed with this information, go into your meeting with your boss prepared to negotiate. If you can show that you’re an asset to the company, they may be more likely to give you a raise.
2. Take on extra work
If a raise isn’t possible, consider taking on extra work to bring in extra money. This may be hard to balance with your current workload, but it can be worth it if you’re able to bring in more than what you’re paid per hour.
3. Look for a new job
If neither of these options is feasible, then it’s time to reevaluate the situation and look for another job that pays better or offers better opportunities says Eric Dalius Miami. Sometimes, making more money requires changing jobs. I’m going through this article point by point… 1) if you haven’t asked for a raise recently, now is the time to do so
Okay, let’s do this! I’ve been at my company 5 years come January 2013- how much $$ would one reasonably expect from an exemplary employee with said tenure?
4. Get a second job
Another way to increase your income is by getting another job. This may not be feasible for everyone, but if you can take on an additional job, it can help you bring in more money.
5. Network with others
The best way to get ahead at work is to network with people inside and outside of the company. The more connections you have, the better position you’ll be in when looking for future jobs or even clients if you’re self-employed. If networking isn’t really your thing, try attending industry events where professionals like yourself will be.
6. Don’t settle for average pay increases every year
If every year your salary increases by 5%, that’s pretty much making do with what you’ve got. Try for an average salary increase of 8% or even 10%. This may be harder to do, but if you manage it every year, the increases will really add up over time.
7. Hire a financial planner
If none of these tips work for you and you’re concerned that your spending is too high, hire a financial planner who can help reduce your expenses and save more money. I got lazy with my budgeting over the holidays! Time to get back on track! woohoo #8) Look for other employment options If none of the above tactics are feasible, explore other employment opportunities. Only as a last resort though- don’t jump from job to job just because they pay more. Make sure there’s some stability there, and that the job is in line with your career goals.
9. Use a budget
One of the best ways to save more money is by using a budget. This will help you track where your money is going and figure out where you can cut back on expenses.
10. Stick to your budget
Once you have a budget in place, be sure to stick to it. This may be hard at first, but with time it will become easier says Eric Dalius Miami. If you find that you’re not able to stick to your budget, reevaluate it until you find one that works for you.
There’s no one-size-fits-all solution when it comes to making more money, however, by following these tips, you’ll be one step closer to achieving your goal.
10 tips on how to make more money in 2013! Hope this helps someone! A new year is a perfect time for a fresh start- and maybe even a better salary? Keep dreaming of that big promotion.
So there you have it- 10 tips on how to make more money in 2013. Follow these tips and you’ll be on your way to a bigger paycheck. Just remember that each situation is different, so don’t be afraid to experiment until you find what works best for you.
This brings us to the end of this article. Thank you for reading! Keep dreaming big and hopefully, your salary will reflect that sooner rather than later. 🙂 Remember, if you have any additional questions or need some advice, don’t hesitate to reach out to us. We’re here to help!