Making more money

By Jayson Demers via   Article
Seven Bad Habits Preventing You From Making More Money

“1. Failing to negotiate. Everything is negotiable. That doesn’t mean you’ll always get what you want, but you won’t get what you don’t ask for. … never accept the first offer, even if all you say is ‘Can you do a little better?’

2. Failing to invest in yourself. According to famed investor Warren Buffet, ‘You are your own biggest asset by far.’ … Equipping yourself with greater knowledge, more skills, better health, and more experience means you’ll be worth more to your future employers, you’ll make more valuable decisions, and ultimately, you’ll earn more money.

3. Tunnel vision. … you never know when your business or career might be disrupted. If you have backup strategies, such as a rental property or a side business, such a devastating event won’t ruin you.

4. Complacency. … Complacency manifests itself in many areas; for example, you might invest less time and energy in your work, resulting in less value for the company. … If you think you’re experiencing burnout, take steps to remedy it.

5. Only doing what’s expected. … Setting targets in your life–with your education, skill set, position, or salary, can trick you into achieving the bare minimum you set for yourself. Always strive for more.

6. Excessive loyalty. … I consider myself a loyal person, and I admire loyalty in others. However, if you sacrifice your goals for your loyalty, it starts to become a disservice to you.

7. Failing to put your money to work. … Invest in stocks, bonds, or mutual funds and start reaping passive income, or use the money to invest in more education and opportunities for yourself. Your money can make you more money–so don’t leave it lying around.”


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