How to Make More Money Without Changing Careers

by Susan Paige on January 21, 2019 · 0 comments

If you’ve worked at the same job now for five, ten, or even fifteen or more years, you may feel that you won’t ever be able to advance in the business world without starting over and changing careers. However that’s not necessarily true. It is indeed possible to make more money in your current position without resorting to drastic measures. And no one should have to give up on a profession they love just so that they can cover the bills. Thankfully, we’re here to help. Here are five ways you can secure more cash in the field you love:

Ask for a Raise

To get something you really want, most of the time you have to ask for it first. There’s a subtle art to asking for a raise, but if you’ve been a loyal employee for years then you shouldn’t have much trouble landing a reasonable pay increase. Remember to be respectful and to do your homework before you request a salary bump from your boss.

Check Out Another Market

Though your current boss may not be willing (or able) to meet your wage demands, another company in another market may be delighted to sign you up. In business, location matters a great deal, and a change in environment could make a huge difference for your career. Plus, moving to a new city is a massively exciting prospect!

Pick up a Side Hustle 

Professionals who find themselves with plenty of free time, but short on cash, should consider freelancing to supplement their regular paycheck. Regardless of your skillset, many small businesses look to hire freelancers to complete projects ranging from website maintenance to ad management. Naturally, a little extra funding will make it so much easier to manage your finances. 

Go Back to School

Sometimes picking up an extra academic certification or degree can yield significant dividends for ambitious professionals. What’s more, many businesses will offer to cover some of your tuition –– depending on where you go and what you want to study. But whether you head back to school to learn about reaction tubes or SEO trends, bolstering your CV with a degree is always beneficial.

Make Yourself Invaluable

There’s a hefty gap between going through the motions and going the extra mile. Deep down, all professionals know whether they perform to the best of their abilities while on the job. If you’ve not put in maximum effort so far, now might be the perfect time to kick things up a notch. Most effective managers will recognize a change in attitude and application and will likely reward you for your effort. Keep in mind also that the more you invest in your job, the more your company should invest in you!

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