How to earn more money: Three ways to boost your income
While frugality is undoubtedly important in personal finance, boosting your savings can also be done by earning more money.
Whether you're self-employed or working for somebody else, your income is determined by three factors.
SIMILAR ARTICLES & IDEAS:
"Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth."
Most jobs are purely money generation, and have little to do with wealth. Generating wealth is an entire different ball game than earning money, which you can easily do by learning a few in-demand skills, and taking up a job or freelance work.
If you desire to earn money, and not create wealth, a consulting or a freelance job earns more than a regular job, provided your skills are valuable enough to get full time work.
Every job has a market value.
Compare what you’re currently being paid to the trends you find.
Consider your education, years of experience, years you’ve worked for your current employer and any specialized skills or attributes you bring to the table.
Make a list of your accomplishments, taking note of which ones added the most value to the organization
Identify a salary range or percentage increase in pay that you’d be happy with.
Millennials who claim to be ‘self-made’ get support from their parents and in some cases, enjoy the privilege too, but are reluctant to admit the same. They have to show the world that they are abl...