suggest any three ways of increasing your income by using skills and assests
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How to Increase Your Income
Co-authored by Michael R. Lewis
Are you looking to maximize every paycheck and squeeze as much as you can out of your income? With a few adjustments to your lifestyle and your finances, you’ll be able to increase the amount of money you bring in every month and maintain a healthy income.
Method One of Three:
Generating Extra Income
1
Talk to your employer about a raise. One of the most direct ways to increase your income is to talk to your boss about a pay raise. Though it can be a tricky conversation to have, if you feel you are doing a good job at work and have been putting in long hours, it may be time to ask for a pay bump. Consider how valuable your position at the company or business is, your relationship with your boss, and the skill set you provide for the company. If you have been working at the same company for over a year, have been doing a great job, and have received a good score on your performance reviews, you may have a good case for a raise.
If your pay check isn’t quite cutting it, consider increasing your income by doing freelance work outside of your day job. Take odd jobs for family or friends that will add funds to your bank account. Remember that every penny you earn is one more dollar towards your overall income
Think about skills or abilities that you can channel into a viable side business. This could be a gardening or landscaping side business, or a freelance writing business. Try to maximize your skills and turn them into a unique business. Keep in mind running your own business will require a significant time and money investment, in addition to your current job.