Negotiating isn’t just important when settling on a salary or asking for a raise . It’s an essential life skill that men and women can use in many aspects of their lives, including when making a large purchase like a home, a more moderate purchase like a car or a small purchase from Facebook Marketplace, says Gianchandani.

And don’t forget that non-monetary things, like volunteer hours, trades of services or goods, or even housework responsibilities, are all negotiable. That’s right: Basic negotiating is involved in deciding who takes out the trash and what chores your kids do.