FI Toolkit
FI Secrets - Earn Well

Earn Well

On the road to Financial Independence, a steady and robust salary is important to saving significant cash for investment and growth. "Earning Well" is thus a fundamental secret. For candidates hoping to Retire Early, a larger percentage of salary (some say as much as 50%) is the required target goal. Salary traditionally comes from working for an employer, but it can also be an income stream from a family business or other steady source.

Salary and Yearly Deposits will build your retirement nest egg leading up to Financial Independence (FI) and eventually Retiring Early (RE) or Retiring Normal (RN)

Having a higher salary leads to higher savings and reaching your FI goals more quickly. It makes sense to strive for increasing your salary through traditional and non-traditional means at every phase of your salaried career.

  • Higher earnings through higher education
  • Pursue careers with growth opportunities
  • Move on if salary growth stalls
  • Become an indispensable expert
  • Join professional associations and obtain valuable certifications
  • Ask for the raise you deserve

Search for: "ways to increase salary"

Reference Information

Reference Search Articles

Eight Things That Can Boost Your Pay | › Articles › Career Development

Employers typically adjust their market data when determining how much to pay ... an important variable when being considered for a pay increase or promotion.

How to increase your salary without leaving your job - SEEK Learning

How to increase your salary without leaving your job. Gain more qualifications. The more skills you can bring to the table, the more valuable an employee you become. Take on additional responsibility. If you feel you're ready, consider putting your hand up to take on more responsibility. Seek feedback regularly. Get a ...

How to Double Your Salary in Less Than a Year--Guaranteed |

How to Double Your Salary in Less Than a Year--Guaranteed ... there are practical actions you can take to dramatically increase your income.

5 Ways to Increase Your Earning Potential This Year | Discover

Get motivated on the career front and consider these five tips to help maximize your salary potential this year: Ask for a raise. It's a pretty good time to ask for a raise. Explore new opportunities. Find a mentor. Start a side hustle. Learn to code.

40 Easy Ways to Make Money Fast

According to CNN, millions of people are constantly looking for ways to increase their income. The good news is, with the ...

6 Ways To Improve Your Crappy Salary And Your Career At The Same ... Working an entry-level job, or just waiting for that raise? Here are some ways to side-gig that can boost your income and your career ...