Great advice for young workers. I urge you to read the full article
WHEN ASKED, most people say their most valuable financial asset is their home. But what gave them the financial wherewithal to buy that house, as well as to purchase a car, buy food and pay for vacations? It was their career. Everything that has a financial component in our life starts with our earnings potential.
Take a young adult making $60,000 a year. Assuming a 2% annual raise, he or she would haul in nearly $3 million over a 35-year career. Our objective should be to continually improve the trajectory of our earnings, so we enjoy greater total career income. Problem is, life often has other plans for us. The coronavirus—with its devastating impact on many folks’ income—is just the latest example.
Every day that we don’t maximize our full earnings potential is a day of earnings lost forever. But there’s a silver lining: Today’s stay-at-home orders, social distancing and self-quarantines provide us with time to reassess our career. We should ponder who we are, who we want to become and what impact we’d like to have on the world. Intrigued? Here are four tips:
Source: Work That Asset – HumbleDollar