E12: How to Financially Prepare for a Promotion at Work
We're all told to seek out promotions, but when was the last time you calculated the costs of doing business at a higher level? In this episode, we dive into what comes with a big promotion and how to pursue one, while also preparing for it.
In this episode, we cover:
- The difference between promotions and standard cost of living increases
- Practical tips for negotiating and realizing your total compensation
- What an adjacent skill is and why they’re important
- How promotions can be a catalyst for lifestyle inflation
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