You Can Increase Your Income In 2008

You Can Increase Your Income In 2008


The new year is here and it is time to make some important personal resolutions. No, I’m not talking about losing weight, reading more books or taking an exotic vacation which are small businessall good things, rather increasing your income for 2008. That’s easier said then done, you say? Well, you don’t have to rely solely upon the good wishes of your boss to make more money this year. Keep reading and we’ll take a look at five ways you can bring home more bacon in 2008.

Build Up Your Career — Are you doing what you want to do or are you doing what you do because you fell into your career choice? Consider taking a career assessment to discover hidden talents, seek fresh direction and learn how to market yourself better. Why be stuck in a job you don’t like or settle for less money than you are worth?

Acquire New Skills By Going Back To School — Maybe you’re several courses shy of receiving a bachelor’s degree. Perhaps you have considered a certificate program or a master’s degree to further your career. People who are better educated and have strong skill sets receive better compensation and have a higher level of career satisfaction. Online programs are worth exploring as well as courses available at your local community college or state university.

Purchase An Established Business — One in five small businesses change ownership every year. Owners sell out, people die, and other business opportunities come up. Perhaps your personal career satisfaction can only come form working for yourself? Explore small business opportunities that might be a match for you. Taking over an existing business can be advantageous than starting a business on your own with loyal customers, business records and a desirable location already in place.

Start A Home Business — You may not be able to leave your current job right away, but starting a side business you manage at home is something every American can do. Bring in some extra income and get a taste for working for yourself: a home business is the ultimate try before you buy work scenario!

Make Smart Investment Decisions — If you are in your 20s, the way you manage and save your money is different from the person who is in their 50s and at the top of his peak earning years. Take a look at some investment guides to help you find out if you are on track for 2008 or not.

Even small steps can yield income increases of 3, 5 even 10 percent for this year with larger increases if you take an aggressive approach to earning more money. Make 2008 the year you make important decisions to strengthen your financial position and increase your career satisfaction.


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Categories: Money Management

About Author

Matthew C. Keegan

Matt Keegan is a freelance writer and editor as well as publisher of "Matt's Musings", his personal blog. Matt covers campus, consumer, business and financial topics on various websites and blogs, and has been published in the "Houston Chronicle", "Sam's Club Magazine" and "Wisconsin Golfer".