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Make more money and increase your income


SaveMoneyEasily Sample
Earner Test User
Annual Income : 60,000
Analysis
The following analysis examines whether we can help Test User increase the annual income thereby enabling to increase household income as well.

Profession - The importance of the profession when trying to examine the options is paramount because different professions impact salaries materially. We are certain that the salary of Test User is lower than it should be because of the profession. We believe there's something to do about it.

Experience - The second parameter we examine is the worker's experience which influences his income materially. We think that the salary of Test User is pretty much similar to what it should be because of the experience.

Education - The third parameter we investigate is the worker's education which opens alternatives with higher pay grade. It looks like Test User's salary is far too low than what it should be when considering the education. We'll show you what you can do to improve it.

Age - The income of younger earners is usually lower than that of older ones in the same positions. It appears that Test User's salary is extremely negatively effected because of the age. Below you can find the recommended course of action.

State - In some states the salary is higher than in others. That's why it's important to investigate the earners state of residence. It appears that the salary of Test User should be a little higher, by 15.8% when considering the state. Below you can find the recommended course of action.

Profession:
Insurance Underwriters
Experience:
8
Education:
Professional Degree
Age:
40
State:
Hawaii
Our Recommendations
Consider Changing Your Profession
Background

Your profession is the factor that impacts your salary most. By changing a profession you can change your salary by significant numbers as some profession yield higher salaries and other yields smaller ones.

Analysis

We believe that your profession is holding you back. By making some adjustments and becoming a Personal Financial Advisor you can earn 26.20% more.

Our analysis shows that you could make the transition pretty easily.

We also see that the availability of your proposed profession is higher than your current profession meaning that it will be easier to find a job and you'll also have more power when negotiating your salary. You should really check that option.

Bottom Line

A change in profession seems like a big deal. However, sometimes the next best thing is very similar to what you already do. This change can help you earn 15,720 more dollars each year.

Profession Details
Current Status
Impact On Salary:
D
Compatibility:
A+
Job Options:
C-
Potential Status
Impact On Salary:
B
Compatibility:
A+
Job Options:
C+

You Can Earn Additional 15,720 Bucks Each Year
You Should Ask For A Raise
Background

The factors that affect your salary most are your profession, your employer and your experience. While the profession is the most important of the three, sometimes a specific employer can limit your potential income due to his own characteristics and limitations.

Analysis

Your characteristics imply that you are being underpaid by your employer. Workers in your profession with your experience level should earn 4.91% more than you do. You have a vast experience of 8 years, and therefore, we believe that the better option for you is to ask for a raise.

Bottom Line

We believe that you deserve to earn 62,945 $ annually. You have enough experience with your employer who should value you as a worker. You should go and demand a raise in your paycheck. Good Luck!

Salary Details
Job Options:
Raise Percentage:
Current Status
Raise Percentage:
-
Salary:
60,000
Potential Status
Raise Percentage:
5%
Salary:
62,945

You Can Earn Additional 2,945 Bucks Each Year
Household
Annual Income : 60,000