5 Things You Need To Know Before Discussing Your Financial Situation : July 2018 Net Worth Update (+1.13%)

When your financial situation is in high spirits and you want to share your happiness with friends and family someone else’s world may be in financial crisis. One thing I learned early on before writing this finance blog is that money talk can be strange especially when you deal with different financial situations. If you’re debt free and the world is a blue sky and sunny days and you start talking about it to someone then you risk them telling you their financial situation is dark, hollow and lost. You either have to take the good with the bad or the bad with the good and accept it, run with it or not even talk about it from the beginning. It’s that simple but for this one reader she made the mistake of talking about her financial situation with a friend who was in dire need of some money and now she doesn’t know how to respond to her. Let’s read what she had to say…   MONEY TALK CAN SET THE STAGE FOR FUTURE FOOTINGS BASED ON WHAT INFORMATION YOU SHARE   Dear Mr.CBB, Thanks for taking questions and I hope this one makes your list for discussion on […]

My wife is blowing my salary increase before I get it!

IN ONE HAND OUT THE OTHER…   We all go to work every day in hopes that at some point we get a raise because a salary increase means we can do more with our money. What we don’t expect is that when it happens that it’s gone before the money hits the bank account. Today’s post is from my reader mail bag. I found this question below to be interesting as we are going through something similar. Just recently I wrote a salary increase letter to my employer because I thought it was about time I got an increase. Some people may shy away from doing this but don’t as you might be waiting forever for a raise. I am getting one but I’m just waiting for the paperwork to go through human resources, red tape. If you are wondering what I wrote in that letter it was pretty simple, why I deserved a salary increase but not before sharing what I’ve done for the organization over the past year. When you find out that you are accepted for a salary increase it makes you proud knowing that your hard work is important to the organization. I can’t imagine […]

The Saturday Weekend Review #48: How your name could affect your salary

KEEP IT SHORT AND SIMPLE…IS THAT TRUE? Just when you thought your education and experience was priority when looking for a job it might not be the only thing that will get you the salary success you deserve. I thought I had heard it all when it came to salary and career choices but now it might be your name that is holding you back from scoring an awesome pay cheque to go along with your career choice. I’ll be honest and say that I just love reading articles that explain why things happen the way they do and then a light bulb goes off and I realize I’ve been doing something wrong all along. Who knew that if you had a shorter name that your chances of scoring a higher salary were much better than using your full name, depending on what field you are in. If you have a nickname which is reasonably professional don’t be shy to use it while at work from the start because that might be your golden ticket to a salary you might not want to turn away from. That is if you believe it will help you. I was captured instantly by […]

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