Level Up Your Paycheck: 7 Tactics to Earn More at Your Current Job
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Level Up Your Paycheck: 7 Tactics to Earn More at Your Current Job
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In this episode, host Jason Allen Scott shares practical tips on how you can earn more money in your current job, so you can have the freedom and resources to pursue your dreams.
Key topics covered:
- Gain more qualifications to increase your value and negotiating power
- Maintain consistent high performance
- Take on more responsibilities to showcase your readiness for advancement
- Get outstanding performance reviews to back up requests for raises/promotions
- Understand your role and the company's priorities and expectations
- Focus on enhancing unique skills that set you apart
- Be likable - it contributes more to earnings than just doing tasks
- Directly ask for raises and promotions the right way
- Change jobs every 2 years - this allows compounding 10-20% raises from new employers, equating to potential doubling of your income over a decade
Jason emphasizes that increasing your income is the most powerful wealth-building tool. While cutting expenses has its place, you want to keep ambition high when it comes to actively raising your income over time. This will lead to more money that allows guilt-free spending on your dream lifestyle.