Want a Raise? Got These Traits?


I recently came across this Hot Jobs article about How to Get a Raise. They stressed the importance of these impressive personality traits (I’ve summarized their explanations):

1. An Owner’s Mentality – Show what you did for the company instead of listing reasons you want a raise.
2. Forward-Thinking – Work on the key goals your company has set for the future.
3. Visibility – Wall-flowers will be overlooked.
4. Charisma – You need to be able to persuade others to follow through on your plans.
5. Tough Skin – Be open for criticism so your boss knows he/she can be open with you during your reviews.
6. Empathy for the Boss – Make your boss’s job easier and getting a raise will be easier…this also means not whining when salaries are truly frozen. Simply ask to be remembered when raises are a possibility again.

I think this list is spot on. In my company, #1 (Owner’s Mentality) is the most important.  If you improve my company’s product in some way, save them major money, or make them major money, you will get a raise.
The owner of my company barely knows who I am, but everybody I work for directly seems to convince him to approve my raise every time (except during this oh-so-wonderful salary freeze).

MikeS also brought up the point that his manager looks to promote employees that consistently do more than their job requires. By doing that, an employee shows that they can perform at the next level.  Makes sense, doesn’t it?

What do you think? What can help get a raise at your job?

Need Money? Have an Extra Bedroom?

A year after my husband and I bought our 3 bedroom home, a friend needed a place to stay for a little while. Our guest bedroom was open and our friend was living in an overpriced hotel. When he offered to pay $350 and half of the utilities per month, we happily agreed to turn the spare room into a bedroom rental. Since our mortgage payments are only $740, it was a win-win for everybody.

Bedroom Rental

Three months later, our friend moved on. We thought we’d love having complete privacy again, but we missed the money more. After a 20 minute discussion, we decided to list our spare room as a bedroom rental on Craigslist.

I knew nothing about actually renting out the room, so I looked up ideas online. I listed the room in detail with pictures of the spaces that were being rented out – room, bathroom, laundry area, and kitchen. I asked questions on the phone about pets and smoking habits. When they showed up for our scheduled meetings, they filled out their job and housing history and signed off on background checks.

I’ll be honest, I knew exactly who I wanted to live with by the time they walked back to their car, but I did a background check and verified their employment anyway. We signed a lease the next weekend.

Renters

He was the perfect renter. He paid on time, cleaned up after himself, and stayed over at his girl friend’s house more often than he was ever around ours. He even helped me fix a dent on my car.  He stayed for a little more than a year. Dude, if you’re reading this, we miss you.

We quickly relisted the room since we were so happy with the set up, but we didn’t get as much response. When we finally found someone we were okay with, he ended up being completely immature and flippant. He even ordered a different cable service for his room since he didn’t like the one we paid for…without telling us. Needless to say, it didn’t work out and he moved out in less than 5 months.

At that point, we decided that our stress-free life was worth more than $500 a month.

So, yes, a bedroom rental can be very helpful fiscally. Just be careful to properly weigh the costs and benefits of the situation for yourself.

If my husband and I ever need some extra money again, this would be our first choice. Even though our last roommate was a putz, we never had any real issues. We just didn’t need the money as much as we craved a place to ourselves again.  Plus, I now have a great office.

Do you need any extra money? Would the rental rate in your area be worth more than your complete privacy? As always, it’s a personal decision, but it’s good to know all of your options, right?

Guest Post at Sweating the Big Stuff – How Much Do You Need for Retirement?

Just wanted to say a quick thank you to Daniel over at Sweating the Big Stuff for inviting me to guest post!

Feel free to take a look at the article, How Much Do You Need for Retirement?, to see my take on retirement needs.

Thanks again Daniel!

ID Theft…How Easy It Is

Take a look at this Washington Post article on ID Theft and tell me it doesn’t make you a little paranoid.

I wasn’t surprised that identity theft happens to 11.1 million victims a year for a total of $54 billion. I wasn’t surprised that 55% of identity theft victims will never know how it happened. I wasn’t even that surprised that 18-24 year olds were hit the hardest since they take the longest to catch on (132 days on average) and share much more about themselves online than we old folks do.

I was surprised how easy it is to find out who someone is so you can steal their identity.

According to this article, most people can be tracked down by simply knowing their sex, zip code, and date of birth. That’s creepy. Especially since all of you know my sex, my general location, and my general age…hmmm. I will now be skipping any Happy Birthday posts I had in mind. icon smile ID Theft…How Easy It Is

Please keep yourself safe. At the very least, take a look at your accounts and credit reports on a regular basis. You are entitled to one free credit report a year from each of the three main bureaus – Transunion, Experian, and Equifax. I use the official site: Annualcreditreport.com. Since all three companies list the similar information, space out your reports every four months in order to maximize the number of times you can check on your status.

If you want to be really up to date on what’s going on with your credit reports, you can even choose to sign up for a credit report monitoring service.  Fees may apply but it’s an option for those that may not remember to check regularly.

How about you?  Ever had your identity stolen?  If so, what did you have to do to get everything straightened out?

Ultimate Money Blog is Giving Away $100

In case you haven’t seen this, Mrs. Money at Ultimate Money Blog is giving away $100.  It isn’t hard to sign up, so I thought I’d pass this along.  Feel free to check it out.  icon smile Ultimate Money Blog is Giving Away $100

Trying to Avoid Making Eyes Bleed

Okay, let’s get this straight, I’m not good with design.  But, I do know that it is a bad idea to make your readers’ eyes hurt.  This is what I’ve come up with for the background that will hopefully solve that problem.  I know it’s not possible to make everybody happy, but I’m hoping for a solid 99%.  icon smile Trying to Avoid Making Eyes Bleed

What do you think?  Is this readable and less headache inducing?

Weekly Favorites and Gratitude!

In case you didn’t know, I was an avid blog reader and commenter way before I started BFS. I actually read and comment on about 15-20 blogs daily. My blog roll is an actual list of blogs I enjoy regularly.

Since I wouldn’t have started my own blog without the ones that drew me in, I’m posting my own personal list of weekly favorites as my way of saying thanks.

I’m also participating in the Enemy of Debt Challenge.  I don’t think I was his target audience, but it’s been fun!

Thank you to these bloggers and all of my other favorites! You teach me something new every day!