There’s always something to negotiate for, and it takes courage to do so. If you’re hesitating to ask for an increase or negotiate your work benefits, this episode will boost your confidence and make you feel your worth in your job. Tune in to learn from Rich Jones’ expertise on intentional strategies to increase your income, and take steps towards advocating for yourself in the workplace.
- Having the receipts. Not the tiny book in your purse that show where all your money is but having the proof or evidence of your work. After listening to this episode, receipts will have a whole new meaning to you. But if you’re currently stuck with a bunch shopping receipts then check out our free 3-day Spending Makeover – it’s a total makeover for your money and will help you get better with your finances so your receipts are proof of your accomplishments and not your expenses! Start your spending makeover now at frugalfriendspodcast.com/makeover.
Rich Jones is a Health & Performance coach for mid-career professionals, a national champion in masters track and field, and an inspirational speaker. He’s on a mission to help high achievers live healthier lives and break the cycles holding them back. Rich leverages insights from 12+ years in human resources and 5+ years in personal finance media to connect the dots between work, money, life, and holistic health. Rich is also the host of The Mental Wealth Show podcast.
Conversations on Money and Work
In 2013, Rich started his first podcast because he was trying to find content that spoke to him as a lot of the personal finance content at that time was either too dull or he saw the same face of the older white gentleman in a suit. Rich loves sharing his experience working in the professional world, as he believes good career decisions lead to good financial outcomes. Rich wanted to bridge the gap between the conversations we have with money and around work.
Advocating For Yourself In The Workplace
There are bad managers out there because some take the position to use it as leverage in their career; as a result, those people they manage suffer. When it comes to getting raises and promotions at work requires you to advocate for yourself.
It is not your manager to track your achievements; it is your own. It would be best if you were more vocal about your accomplishments. It requires you to write down your performance throughout the year so you have receipts when conversations like this come out.
Taking Risks In Your Career
A variety of companies are subject to all regulations and laws. Externally, do not divulge your salary unless it’s somehow required. It can be a bit challenging internally as you can’t just send a note to your HR asking for a raise. You can also try getting an external offer–this is risky, and you have to be comfortable accepting this risk. Take your life on your own; live intentionally.
The Right Time to Ask For More
After you accept the offer or when you start your next role, begin to have an idea of how that will take you forward, which will help you plot the next few steps. It’s not always that immediate next move; sometimes, it’s two or three moves down the road. I encourage you to constantly think about what’s next, the skills and projects you need to pick up on so you can get on that experience. Ask for more, not just in the dollar form; it can be a form of benefits.
Bill of The Week
Thank you Rich for the bill that is your therapist named Bill, which he has been going to weekly since August 2017 and where he gets reimbursement through healthcare benefits!
Thanks so Much for Listening!
Thanks so much for listening. Many of you know we have a private community where we do monthly money challenges and offer accountability groups. We want to congratulate one of our members for a big win.
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