In my mid-20s, I was making $50,000. Between San Diego’s high housing costs, dating, a car payment, and other expenses, I barely had anything left to put toward financial independence - let alone fast-track it.
I was cutting costs everywhere - negotiating bills, rarely eating out, even walking instead of driving. Frugality was helping but man, the real game-changer was focusing on growing my income. Since then, I’ve switched jobs, negotiated raises, launched a business, and built a five-figure side hustle. Now, I earn three times what I did at 25, and that extra income has made all the difference.
I’m funding my financial independence goals while also enjoying life more.
Quickly growing my income made such an impact and that’s why I brought Andrew Giancola on the podcast - to help me break down exactly how you can double your income in just one year. Andrew is a pro at this. He’s built multiple businesses, invested in real estate, tested different side hustles, and even helped his wife negotiate multiple raises and promotions.
This episode is packed with actionable strategies to help you increase your income fast. So if that is something you want to do, let’s dive in!
I hope you enjoy my conversation with the financial educator and host of The Personal Finance Podcast…Andrew Giancola.
Key Takeaways:
- Why increasing your income is key to financial independence
- A 6-month strategy to negotiate a raise
- Exactly what to say when asking for a raise
- How to become indispensable at work
- Ways to actively earn more outside your job
- The best passive income investments for busy professionals
Mentions:
Andrew’s first appearance on FI Minded: www.tsirpodcast.com/133
More of Andrew:
More of FI Minded:
Connect with Justin on LinkedIn: https://www.linkedin.com/in/justinleepeters/
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