Tips to Increase your Salary

You may be in a position where you would like to increase your salary. It may be that you are having difficulties with making ends meet and do not want to get a loan or that you want to increase the amount that you can afford to save or that you just feel like you deserve extra pay. There are a number of ways that you can do this.

Work more hours

It may be that you will be able to work more hours in your current job. This may not be something that everyone will have the opportunity to do, as there may not be extra work available, However, it is well worth asking your employer if this is a possibility. Even working a few hours of overtime or a Saturday morning can make a big difference to how much you earn and could be enough to provide the extra money that you need. Of course, not everyone will have the energy to work extra hours or they may not be able to spare the time.

Do an additional job

If you do have the time for extra hours and there are none available at your current job, then finding a different job could be the answer. There are jobs that you can work part time alongside other jobs. It might be that you will need to find work at the weekend or in the evenings to fit around your other job. If you can find something that you enjoy then it may not even really feel like work and it could really help your finances. Also, if you are working more hours you will have less time to spend money.

Ask for a pay rise

You may be better off just asking for a pay rise in your current job. This is not always as easy as it seems though. In many jobs you will have to justify why you deserve the pay rise and many companies have not been giving many pay rises anyway. It is useful to make sure that you show that you deserve a pay rise. This means that you may have to work harder than you do already. Make yourself more useful and helpful, make sure that you are always on time and do not leave early and that you do your job to the best of your ability. This means that when you do ask for a pay rise or when the pay reviews take place, you will stand out because of your better performance and attitude. You may need to keep this up, if you want to continue to get pay rises. If you do not do this though, others might and you may be overlooked and they may get the pay rise and you may not.

Apply for a promotion

It may be the case that you will not be able to get a pay rise unless you get a promotion. It might be that you will be able to apply for this. You may need to move to a different part of the company or a different department if there is no opportunity for promotion in the one that you are currently working. You will need to be able to prove that you can do the job and that may mean doing even more than suggested when you want a pay rise. It could be wise to get to know the department that you are hoping to move to and if you can, help them out with things so that you look like a good person for them to take on. Obviously you will have to do this in your own time, rather than taking time from your current role as that could go against you in any reference that is written or verbally given by your current boss.

Find a better paid job

Some people find that the only way that they can increase their salary is to change jobs. You may find that you can find a job elsewhere and you will get paid more for the same sort of thing that you already do. It can be tricky to search for work while you are working and to take the time out for job interviews but it can be worth it. You will need to make sure that your skills are up to date though and so that might mean doing some learning first. You may need to put yourself on a training course and pay for that, but you may be able to learn the things you need without doing this, perhaps by reading books or looking online.

So, there are a lot of things that you can consider. The option that you choose will depend on how your company works, what you want to do and where your skills lie.

How to Save Money on Everything that you Buy

We all buy things but many of us feel that we would like to be better off. It might be that we have a short term loan that we would like to repay, we want to increase our savings or just want to make it easier to make ends meet. Some of us would just rather not pay more than we have to. There are actually quite a few things that we could try in order to spend less on the items that we buy.

Compare prices

Many of us do not take that much notice of the prices of things. It is important to not do this, but to compare prices on things that we buy. Being aware of the cost makes a big difference. For example, if you look at prices in a supermarket you may change the things that you buy. You may notice that the brand you buy is much dearer than another so you may try the cheaper one or you may notice that if you buy one food instead of another you will save a significant amount of money as well. Once you start making the effort to look at prices, you will find that it becomes a habit and you will find yourself doing it automatically. This will enable you to do it all of the time with very little effort.

Do not buy more than you need

It can be very tempting to often buy more than we actually need. This can happen in all sorts of circumstances with all sorts of products. It is wise to always ask ourselves whether we need a certain product before we buy it and we may find that this will stop us buying so much as we will not buy things that we really do not need. This may feel a bit tough and like we are depriving ourselves of things, but we often buy things that we do not get that much pleasure from and so it is worth asking ourselves whether we really do need it or not.

Use vouchers and cash back

One way to directly save money is to use vouchers or cash back when buying things. If you look online you will be able to find websites that offer this. There are voucher websites where you can search for certain retailers and it will give you any voucher codes that are available for them. You will also find sites that will offer you cashback. These are normally for online purchases but you may find them for other products as well. These are simple to activate – you will just need to open an account with the cash back site and then you can click through links on their website when you go to certain retailers and they will track your purchase and pay you cash back on your items. The amounts are small but they are worth doing as they will all add up. They will be particularly worthwhile if you shop online a lot. Just make sure that you are not just tempted to shop to get cashback as it will just be a very tiny percentage.

Take advantage of sales

Sales can be very tricky. They often tempt us to spend more money than we normally would because we think that things are a bargain as they are reduced. This means we buy things we would not have normally bought and spend money we did not intend to. It is therefore worth avoiding sales unless you are looking or something specific. If this is the case then try to find sales so that you can get what you need at a lower price. However, do not be tempted to buy more than you need or else you will not benefit. If you know that you will be tempted and will buy more than you need, then it is probably best to avoid shopping in any sales.

Use loyalty cards

Many shops that have loyalty cards will allow you to collect points which you can then use to take money off your shopping. This means that they can act as a discount voucher. Therefore, making sure that you do have a loyalty card for the places that you shop at regularly could end up meaning that you will save money. Some people are against the cards because shops can gather data about you based on the card use. However, they gather this data generally anyway based on sales and it could mean that they will offer your deals and vouchers based on the things that you buy, which will be in your advantage.

These are just a few things that you can try to help you to spend less when you are shopping. You may not be able to save money on everything, but you could make a lot of savings and even if they are small, they will add up and be worthwhile in the long term.