Content Overview
- Summary
- Step 1. Calculate Your Real Earnings
- Step 2. Look At Increasing Your Paycheck Increasing Your Income Or Decreasing Your Expenses
- Step 3: If You Have A Cafeteria Plan, Consider Changing Your Elections
- Step 4. If You Have Retirement Savings, Consider Reducing The Amount You Put Into The Plan
- Step 5. Think About Changing Your Tax Withholding
- Step 6. Ask For A Raise
- Step 7. If You're Up To It, Consider Obtaining A Second Job
- Step 8. Consider Changing Jobs, Self-Employment Or Freelancing
How To Increase Your Income If You Are Working
Step 7. If You're Up To It, Consider Obtaining A Second Job
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Just make sure you balance the income from a second job with additional expenses you incur because you have less time or energy. For example, if you work a night job, you may not have the time or energy to cook and you'll spend more money by eating out. Of course, also consider the balance you want for your personal life -- both in deciding whether you want a second job and in evaluating your current one.
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