Maximize Your Income by Knowing What You're Worth

Here are some similar thoughts from the book The Net Worth Workout: A Powerful Program for a Lifetime of Financial Fitness (see my rating for details) on maximizing your income:

Amazingly, most people don't know their own worth! One journalist I know worked for the same publisher since graduate school. After almost ten years, he took a sabbatical to write his first book. To his amazement, prestigious offers started flowing in unsolicited. This was the first time he had any inkling of what his salary package should be.

Count on it: If you're unsure of your value, your company will underpay you! To get a feeling for your worth, ask yourself two questions: What is the salary range for this position? Which companies (or types of companies) should you compare your role to when determining salary for these positions?

It's certainly true that your career is your most valuable financial asset, offering you many financial benefits. You can make the most of it by getting a college degree and managing your career to its full potential. Doing this well can earn you millions of dollars in extra income throughout your lifetime. One step in the process of managing your career is asking for a raise when you feel you deserve one.