Everyone wants to make more money, but early in your career, a big raise can be a big problem.
If your lifestyle grows with your salary, you can find yourself trapped by a mortgage, car payments, and monthly subscriptions, unable to take high growth jobs because you can’t take a pay cut.
A high income makes it harder to leave your job, but it can also make it harder to keep it.
With a high salary comes high expectations. Early in your career being paid a low salary is liberates you because it allows you to crush expectations and create way more value than you are paid. This surplus in value is the ultimate job security.
Everyone wants to make more money, but when you are playing the long game, you recognize the advantages of a low income early in your career.
In this episode:
- Getting trapped by a high salary
- Three ways lack of income is an asset
- Low opportunity cost
- The expectations that come with your paycheck
- Freedom from lifestyle slavery
For your free copy of the Forward Tilt book, go to discoverpraxis.com/forwardtilt