TLDR: How did you make more money over the course of your career, and is that something that can be streamlined?
I would love to know what worked for everyone in terms of moving the needle on the income side of the equation. My wife and I’s expenses are low and we have a killer savings rate… for a few more months. We are welcoming our first child to the world, which is a massive blessing! It also means that we want to go down to one income. I crunched the numbers and if we lived on just my salary and then cut all discretionary purchases we would have about $500 left over for savings. Not exactly FI savings. Considering we are really good at living lean as is, I’d like to increase my income.
I am a labor coordinator for an AV company that does corporate events. I make a mediocre salary. I would try to move to higher earning position at this company, but getting them to give anything more than a cost of living raise is like pulling teeth. I also consider this my first actual “career” job, so I’ve never hopped companies before. Between holding out for a raise, switching companies or industries, or starting a side hustle, I can’t seem to decide what the right move is. So, what should I do? I feel tad bit stuck. Not desperate, but I would certainly like to be”increase my income.
