Get More Money on Your Paycheck by Giving Yourself a Raise

Get More Money on Your Paycheck by Giving Yourself a Raise

Here's a quick tip on how you can increase the size of the paychecks you receive from your employer - starting on your next payday. Because, let's face it, you deserve more money. And if the company you work for isn't going to just give it to you, you may as well take it. It's yours anyway.

This little tactic will typically result in a 10% take-home pay raise for the average person. So for someone making $60K a year, they will see an extra $500 per month in their paycheck. I don't know about you, but most people I know aren't going to turn down an extra $500 - especially in this economy.

So what's the trick? Really simple - you're going to take back some of that money the government steals from you every pay period. You know that section on your pay stub that shows how much money the federal goverment gets for your time and effort? We're going to flip the script on that injustice. At most jobs, you are just trading your time for money - and if you did the time you should get the money, right?

Well, I'm here to tell youthat you have every right to that money - and here's how you can reclaim it in 3 simple steps:

1. Start an online or home-based business. This will qualify you for all the tax benefits of big business owners, but won't cost you very much start-up capital or overhead. You can actually start a very good business for under $500 these days - and owning that business will give you tax breaks of about $500 every month. Not a bad deal.

2. Go to your human resources department and change your W-4. Take the maximum # of exemptions possible to offset the money the government is taking out of your check. Now that you are a business owner, you are going to get to write off a ton of things you spend money on anyway - so you don't need to pay the government out of your earnings every week. That's your money. They are not going to get it. At all.

3. Double-check your next paycheck. Notice how the total of your direct deposit is higher? See how the government took a lot less of your money? Pretty cool, huh? You're welcome.

From now on, start saving all of your receipts. Lunch, dinner, happy hour, telephone bill, internet, utilities, gas, auto expenses, rent/mortgage, vacations, golf, and anything else you spend money on. Put these receipts in a folder, envelope, or box somewhere - you'll be using those to get even more money back when you do your taxes next year.

There you have it - an automatic pay raise that takes almost no time or effort on your part. Bottom line is that the economic system in our country is a game - if you're not playing it smart, you're getting played. Period.

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