Everything You SHOULD'VE Been Taught in School.
You got the job offer you wanted. Congrats!
Now comes the often intimidating part: negotiating your salary.
Asking for more money right after you’re offered a job can seem greedy, but most companies expect you to negotiate. Having a few salary negotiation tips in mind can increase your confidence and boost your chances of achieving a higher opening salary. [Read more…] about Salary Negotiation: How to Ask for More Money the Right Way
Are you researching the best ways to ask for a promotion? If so, know that employers would rather promote from within, because it saves time and money compared to hiring a brand new employee. The hiring and training process is time-consuming and hiring from within is an easy way to eliminate friction and cost.
When you feel like it’s the right time to ask for a promotion, go for it because it will benefit you and your employer.
[Read more…] about How to Ask for a Promotion: 13 Tips that are Nearly Foolproof
Why are 401(k)’s a bad idea? Why don’t rich people use them? Are they worthy of being called a scam?
There are more than a few reasons that 401(k)s are a bad idea, including that you give up control of your money, have extremely limited investment options, can’t access your funds until you’re 59.5 or older, are not paid income distributions on your investments, get charged high fees, and don’t benefit from them during the most expensive period of your life (child-rearing years).
Did I also mention that your 401k account value may plummet—it happened in 2008 and could happen again. [Read more…] about Why 401K’s Are A Bad Idea
Skill stacking is the art of combining several “normal” skills to create a unique combination of abilities that are extraordinarily valuable.
If your goal is to become wealthy, then increasing your earned (active) income so you have more money to invest is a critical first step. For this reason, skill-stacking is one of the fastest and easiest ways to command more money in the marketplace.
If you aren’t experiencing regular bumps in your income, then chances are that you aren’t properly skill stacking for success. [Read more…] about How to Use Skill Stacking to Make Six-Figures
The best way to demystify cryptocurrencies for new investors is to explain the vocabulary around it. Because cryptocurrency represents a new asset class (Bitcoin was created in 2009), most investors who are new to the space will need a primer in its basic terms.
In the U.S. alone, approximately one in six (16%) of U.S. adults have engaged with cryptocurrency in some form, such as investing, trading, or using it for transactions. That is more than 8X the ownership that existed in 2018. Young and middle-aged adults are the most likely to invest, with 25% of those under 50 now owning crypto compared to just 7% of people over 50. Millennials show strikingly higher ownership rates, with approximately one in four (26%) of millennials now holding Bitcoin.
This is an absolutely astounding rate of adoption for an asset that is only 15 years old! [Read more…] about 15 Cryptocurrency Terms Every Investor Should Know