Monday, December 28, 2015

4 best ways to Increase your Annual Income

4 best ways to increase your annual income

{1}: Invest in Yourself – Add Value to Your Self Worth

Investing in yourself will give you disproportionately high return on investment- both for the amount of money invested and the time you spent.

{2}: Invest in a Long Term Career Path - Map Your Progression Professionally

Mapping your professional interests can help you strategically build your career path.

Do a SWOT analysis on your professional traits. Determine your strengths, weaknesses, opportunities and threats. In this way you can identify the best opportunities that can help you progress with purpose.
Inculcate a long term vision. Do not let short term challenges come in the way of building your potential in the future.

{3}: Invest in Rewarding Risks - Zone Out of Your Comfort Zone

Taking risks can snap you out of your comfort zone.
Take a chance to challenge yourself. Push your limits beyond the monotony of mediocre tasks. It is a bitter truth that machines will replace you eventually.
Focus on work that allows you to build your capabilities, even if it means making a drastic change.

{4}:  Invest in Health – Focus on Your Physical, Mental and Social Well Being

The real wealth is in the health and well being of your body, mind and social interaction. While the increase in disposable income may translate to a higher standard of living, it could also lead to increasing health issues.
Physical Health
Exercise. If not for the physical benefits, it also helps in reducing your healthcare bills.
Eat healthy. A home cooked meal is not only healthier but also lighter on the pocket.
Mental Health – Many occupational lifestyle diseases are creeping into urban population. Maintain a good work-life balance to avoid mental problems such as depression, hypertension and neurological issues.
Social Well Being – Whether you admit it or not, who you interact with socially and your lifestyle have a big impact on your personality. The social environment you choose to be influenced by will affect the way you think and the decisions you make. Choose wisely.


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