Recently, I discovered a way to get 10% more of my pay. Not to be confused with getting 10% more pay, I made a few simple changes over the last few months to get 10% more of what I already earn. Today I’d love to share with you how I did it, and how you can too.
It all started when I made a mindful habit of reading my payslips. One day, I realised that there was a large discrepancy between my gross income and my take-home (net) income – specificially that I was receiving about 74% of my salary in my weekly pay. To give you an idea, here’s the same percentage based on different salaries:
If your salary is $52,000, making your gross weekly salary $1000, you would be receiving a net weekly salary of $740.
If your salary is $60,000, making your gross weekly salary $1154, you would be receiving a net weekly salary of $854.
If your salary is $45,000, making your gross weekly salary $865, you would be receiving a net weekly salary of $640.
Quite a difference, isn’t there?
With some easy steps, I managed to close the gap and lessen the difference between what I ‘earn’ and what I receive. I’d like to make a small disclaimer and highlight that these were personal decisions. With that, here are the steps I took.