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Make more money and increase your income


SaveMoneyEasily Sample
Earner Test User
Annual Income : 60,000
Analysis
Each earner's specific characteristics point to some possible options we can use in order to increase their income. We start by analyzing what causes the income to be higher and what causes it to be lower.

Profession - The first parameter we should look at is the profession which acts as the most important factor in determining one's income. After investigating the salary of Test User is lower than it should be by the profession. Let's help you with that.

Experience - The importance of the experience is very high when considering options you might have. Our analysis shows that the salary of Test User is pretty much similar to what it should be because of the experience.

Education - The education influences the income possibilities for each earner. The more educated the earner, the more options to make more money. Our data indicates that the salary of Test User should be higher by 40.0% because of the education. We are positive we can improve the situation.

Age - Older workers usually earn more money than their younger counterparts. This is mostly because of previous experience and abilities. After investigating the salary of Test User is very limited by the age. We'll show you what you can do to improve it.

State - In some states the salary is higher than in others. That's why it's important to investigate the earners state of residence. Our data indicates that the salary of Test User is lower than it should be by the state. We can help you with that.

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