Hi All!

Let's talk some more about ways to increase our income. Last week we talked about monetizing a skill that we have, learning a new way to make money like real estate investing. We talked about spending some time up front learning something new to protect us and our families from down turns in the economy. We also talked about 5-7 income streams being ideal. We talked about how many we had - usually two and ways to develop the third stream of income.

Today we are going to talk about how to increase our W2 income! Some of you are your own boss so just give yourself a raise already! Lol.

First up: Ask for a raise! What is the worst thing they can say to you? No, right? Is that so bad?

Next up: Get a new job!

So here is the thing. I think the Millennial generation have already learned this. Loyalty is a one way street in corporate America. Sadly, it is rare for a business to reciprocate your loyalty. Your company expects you to be loyal but they do not return the favor. No matter how good you are at your job, how flexible or willing to help you have been, they consider you replaceable. 

Just remember - so are they.

It is time to take a look at your skills and find out what they are worth on the market. It is LEGAL to talk to your colleagues about their salaries. You can go online and see what the range is. You can do a TikTok and see what the responses are! 

Next: Learn to negotiate! Don't be afraid to ask for more! There are a lot of programs, coaching classed and podcasts out there to look into so you can build this skill set.

You take care of You! You have got this!

See you next week!