Increase Your Income with Practical Tips for Salary and Career Growth

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2 • 665 Ratings

🗓️ 11 July 2024

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Discover career growth strategies to boost your income, including negotiating raises, and navigating promotions and mentorship. What are some of the best ways to increase your income? What are strategies for negotiating a higher salary and excelling in your current role? Hosts Sean Pyles and Alana Benson discuss career growth techniques and salary negotiation strategies to help you understand how to maximize your earnings and achieve financial stability. They begin with a discussion of the importance of increasing your income rather than solely focusing on cutting expenses, breaking down the long-term financial difference that seemingly small increases in your income can make over the course of your career. Then, “The Job Doctor” Tessa White joins Alana to discuss how to excel in your current role and position yourself for promotions and raises within an organization. They discuss the necessity of understanding the true expectations of your role, measuring your contributions through tangible metrics and effectively communicating your value to your organization. Additionally, they explore the importance of informal mentorship and how to enhance your skills by observing and learning from those who excel in specific areas. In their conversation, the Nerds discuss: career strategies, income potential, salary negotiation, financial stability, career growth, job market, financial future, career success, career advancement, career coaches, raise negotiations, job offers, informal mentorship, skill enhancement, job promotion, financial goals, earnings increase, career metrics, value proposition, workplace visibility, career mentors, market value, career coach, industry experience, job stability, promotion strategies, income jump, salary bump, corporate growth, financial planning, income investment, and company red zones. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Prime Video brings thrilling entertainment.
0:03.0	Watch Heavyweight Detective Breacher, Season 3 included with Prime.
0:07.0	Exactly how much danger is this job putting me in.
0:10.0	Treat yourself to the lovably chaotic Bridget Jones mad about the boy available to buy.
0:15.0	Did you have sex? Did you have sex?
0:17.0	Did you have sex last night?
0:19.0	Yes! And it was amazing!
0:23.0	Whatever you're into, it's right here.
0:25.3	Prime Video.
0:27.1	Click or tap the banner to find out more.
0:29.8	You've heard it one million times.
0:32.2	Just cut out the daily Starbucks run and you'll be rich.
0:34.9	But more often than not, your financial situation is going to be
0:38.8	better aided by fixing what's coming into your budget versus what's going out. If you're, say,
0:44.7	you know, 35 years old and you negotiate an extra $5,000 for your job, it's not just $5,000
0:51.2	because in lifetime earnings, that's several hundred thousand dollars in
0:55.8	lifetime earnings. And if you invested that difference, it's even more.
1:01.7	Welcome to Nerd Wallet's Smart Money podcast. I'm Sean Piles. And I'm Alana Benson. This episode
1:07.1	kicks off our nerdy deep dive into what we're calling investing in your income.
1:11.6	Another way to say that is investing in yourself by seeking out more ways to make more money.
1:17.0	Yeah, Sean, you alluded to this at the beginning, but there's just so much advice out there
1:20.9	giving people flack for spending on like straight up normal stuff, like going to Starbucks or
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from NerdWallet Personal Finance, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of NerdWallet Personal Finance and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.