6 Ways Increase Salary Start-Manage

6 Ways Increase Salary Start-Manage

Envision a scale in your head

Anybody can take a leap of faith, but you also need to be responsible about it. Everyone has bills to pay. You can’t just impulsively leave a steady position. Give yourself a few months to weigh the decision, the pros and the cons. Track your finances and income. I personally monitored my expenses for a year and once I saw the steady growth in my income from the website, I knew I could sustain my lifestyle with only my blog by 6 Ways Increase Salary Start-Manage. It’s important to make an educated decision, considering all the different factors.

Crunch the numbers

I made sure I was earning incrementally more money from my website each month before I considered leaving my job. I had to be diligent about tracking everything. You’re getting paid from a lot of different companies; it’s not just a direct deposit that goes into your bank account every two weeks. I have a spreadsheet where I track all income. See list of Speakers from CSI

It has separate tabs for every month and has columns for the company I’m expecting payment from, the date, the amount, the method (whether PayPal, check, etc.) and notes referencing what the payment was for. When I was working full-time, I also included my salary in this document as well. I have a separate sheet for expenses set up by date, a description of the purchase, the amount and notes for whether it was a blog-related cost or something personal. Of course, I include my regular monthly expenses like rent, my phone bill and utilities.

6 Ways Increase Salary Start-Manage

Ignore the noise

A big struggle was announcing that I’d quit my full-time job to people publicly. Everyone in my life knew, but it took a while to reveal it on the blog because there is still a stigma in the blogging industry when people quit their corporate 9-to-5 jobs to freelance or run their own business. I had anxiety about being judged. I went to college for four years, I have a degree and here I was at 26 blogging full-time. I worried about what other people would think, but now that I’ve gotten such immense positive feedback for doing so and sharing my story, I wish I would’ve done it sooner.

Formalize your setup

When I left my job, I made a separate bank account for my website. I pay myself from my earnings and don’t just deposit all the money I earn from my blog into my personal bank account. I speak with my accountant weekly and pay taxes quarterly. I also established my own LLC. It’s better to protect myself in the event I’m ever audited.

6 Ways Increase Salary Start-Manage

Stick to a schedule

I still wake up at the same time as when I was working. I pretty much sit through the day at my desk until it’s five o’clock. From my years as a publicist, I know how frustrating it can be to get emails from people late at night or super early in the morning so I like to maintain normal working hours. I feel it’s more polite and shows professionalism to reply to emails when the publicists and brands I work with are actually in the office.

Stay organized and own your new position as boss

It takes a lot of self-discipline. I definitely needed those few years at a corporate job to instill the importance of time management, being meticulous in my everyday tasks, staying organized and utilizing good email etiquette. All the things they don’t teach you in college that you learn on the job. Follow CSI on Twitter

Katie Manwaring

Leave a comment

Your email address will not be published.

Scroll Up