One foundational principle of my personal finance perspective is that your career is your most important financial asset. If you don't believe me, take an average salary (or one you expect to earn), and multiply it by 40 working years (the length of an average career). Compare that number to all your other assets. Is there anything even close? Probably not. Also look … [Read more...]
Three Top Resume Tips
Several months ago, a friend recommended I give reddit a try. He said there was lots going on at the site and I would enjoy it. "Enjoy" was not the first word I thought of when he mentioned it. I think I was more in the "fear" camp initially. But I eventually overcame my concerns, joined reddit, and spent a couple months trying to get into the flow of how things worked … [Read more...]
Five Times My Career Went Sideways and What I Learned from It
I worked for 28 years before I retired. During that time I was quite successful. I became a VP just after I turned 30. I won numerous company and national awards. I delivered great business results and thus my career advanced quickly. This allowed me to grow my income by over 8% annually. Eventually I became the president of a $100 million company with 800 … [Read more...]
Make More Money by Having Salary Conversations
If you're a money blogger, you get a lot of email. People want to post this article or that article on your site. It will be "free" of course and will likely be "high quality", "SEO friendly", and "completely unique." All they ask in return is a dofollow link to their site. You know, their gambling site, their payday loan site, or their other completely worthless … [Read more...]
Career Advice from a $300k Earner
If you've read this blog for more than 30 seconds you know how important earning is to your financial success. After all, "E" (for earning) is the first letter in the site's name. There's a reason for this -- earning was one of the three vital steps I used to become wealthy and retire early. Then of course there are the millionaires I interview. Many of them have built … [Read more...]
Five Easy Steps to Making Millions and Enjoying Your Job
The following is a guest post I wrote that originally appeared on Get Rich Slowly. The age-old money adage is "spend less than you earn." It's good advice. One of my favorites actually. But it gets translated by many as simply "control your spending." While that's certainly part of the equation, there's an equally important complement related to earning. I submit … [Read more...]
The Six Top Millionaire Tips on How to Grow Your Income
There have been a couple consistent findings about millionaires' careers/incomes over our first 100 millionaire interviews. First, millionaires generally make a lot of money. The average annual income was $294k and the median was $250k. There's a reason "E" (for "earn") is the first letter in E-S-I. And it's no accident that high net worth individuals often have high … [Read more...]
How to Get a Career Award
In How to Ask for a Raise, I listed "after you get an award" as one of the best times to ask for a raise. I also promised to write more on the issue. Consider this post the fulfillment of that promise. :) Saying that someone should "get an award" sounds easy, but it leaves a ton of questions. The most obvious is, "How do I get an award?" Well, I happen to have some … [Read more...]
Why Getting Fired Was One of the Best Things that Ever Happened to Me
Not many people who have just been fired will tell you that it was one of the best things to ever happen to them. I would be among that group. When I was fired, I was shocked, confused, stunned, angry, and a bit lost. Early in the process of dealing with it, I thought it was one of the worst things to ever happen to me. But over time things have a funny way of working … [Read more...]
The Paradox of Side Hustling
The following is a guest post from Erik, a 26 year old blogger, living in the Midwest, who writes at The Mastermind Within. He writes about personal finance, entrepreneurship and self-improvement and is passionate about sharing his tips for building wealth as a millennial and helping people unlock their full potential in life. I know Erik personally, having met him at FinCon … [Read more...]
