1. Postpone buying high-tech products like PCs, digital cameras and high-definition TVs for as long as possible. And then buy after the selling season or buy older technology just as a new technology comes along.
2. Never pay a real estate agent a 6 percent commission.
3. Buy used things, except maybe used tires.
4. Lose weight. Carrying extra pounds costs tens of thousands of dollars over a lifetime.
5. And, I'm sorry, I'm really serious about this last one: make your own coffee.
Saturday, June 16, 2007
5 Tips to Earn More Money
1. Choose fields with higher financial and emotional risks.
Risk is a huge reason venture capitalists earn between $100,000 and $300,000 a year—substantially more than supermarket cashiers who receive a regular paycheck and "check out" at the end of the day.
2. Understand the Trends Reshaping the Workplace.
Pharmacists now earn more than physicians.
3. Put in the hours.
People who work just ten hours more per week earn almost twice the pay.
4. Concentrate on career options in the hard sciences, not the social sciences.
Engineers and computer scientists get paid more than teachers, journalists, and social workers. Engineering managers earn an average annual salary of $83,000.
5. Switch to a higher-paying subfield.
The same 25 ways to higher pay in any given field also lead to higher pay in a subfield. For example, a nurse who wishes to become a nurse anesthetist can make twice the pay of a general nurse; one who wishes to travel can earn much better income as a traveling nurse.
Risk is a huge reason venture capitalists earn between $100,000 and $300,000 a year—substantially more than supermarket cashiers who receive a regular paycheck and "check out" at the end of the day.
2. Understand the Trends Reshaping the Workplace.
Pharmacists now earn more than physicians.
3. Put in the hours.
People who work just ten hours more per week earn almost twice the pay.
4. Concentrate on career options in the hard sciences, not the social sciences.
Engineers and computer scientists get paid more than teachers, journalists, and social workers. Engineering managers earn an average annual salary of $83,000.
5. Switch to a higher-paying subfield.
The same 25 ways to higher pay in any given field also lead to higher pay in a subfield. For example, a nurse who wishes to become a nurse anesthetist can make twice the pay of a general nurse; one who wishes to travel can earn much better income as a traveling nurse.
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