Earn More | theSkimm

Earn More

suitcase of money

Earn More

Bumping up the income side of your money equation means you can save, invest, and buy more. But chasing paper can get exhausting. Our step-by-step system will help you earn more without running out of steam.

Step #1: Get the Basics

We love a good raise. We also love a good benefits package, W-4, side hustle, investment portfolio, rental property, etc.


Step #2: Talk the Talk

Negotiating is much harder when you don't speak the language. Consider this your pocket dictionary.


ActiveIncomeFSL
Active Income

When you work hard for the money (your salary, tips, commission, etc.) that hits your bank account. 

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BATNAfsl
BATNA

Stands for Best Alternative to a Negotiated Agreement. It’s the move you’ll make if talks don’t go well. Aka your back-up plan.

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commissionFSL
Commission

What you’ll earn for providing a service or making a sale. Usually a percentage of that service or item’s total cost.

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counterofferFSL
Counteroffer

The proposal you or your boss come back with when the OG offer doesn’t cut it.

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equityFSL
Equity

Your piece of the company pie. It’s what you’d get if they sell or shut their doors. Or whenever you wanna cash out. 

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passiveincomeFSL
Passive Income

The kind of money you don’t want to pass on. Because you didn’t have to do (much) work for it. Think: investment earnings, cash from Airbnbing an extra room, or credit card rewards.

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PTOfsl
PTO

The benefit that helps you go OOO. Your employer combines vacation, sick, and personal time into one “paid time off” policy.

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self-employmentFSL
Self-employment

When you’re your own boss. And handle things like health insurance and taxes all by yourself. 

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stockoptionsFSL
Stock Options

A type of equity compensation. Where you’re given the chance to buy (some) shares of the company at a discount or fixed price down the line. Peep your company’s valuation to see what they could be worth.

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totalcomppackageFSL
Total Comp Package

All the pay you get from a job. Including base salary plus bonus and commission opps. And the dollar value of any equity, insurance, PTO, retirement accounts, and benefits.

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