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5 Tips for Increasing Your Net-Worth

October 8, 2024 by Barbara Huson

 

Want to make more money? Well, I’ve got the secret.  And I’ll bet it’s not what you think.

It sure wasn’t what I expected when I interviewed hundreds of high earners for my books; Secrets of Six-Figure Women and Overcoming Underearning®.

Very few of these highly successful women were driven by money, yet they still demanded to be well compensated because – and here’s the Big Secret – they felt they were worth it.

The good news is that it’s possible for all of us to build up our self worth. Here are some tips for pumping up your self-esteem along with your net worth:

1. Think Big, Then Think Even Bigger

Most of us unwittingly limit our earnings by lowering our expectations. Especially women. The idea is to think in terms of what you are worth, not just what you assume the market will bear.

2. Do Your Homework

One of the worst negotiating mistakes women make is picking a number out of the air that’s way too low. The smarter ones find out their market value by researching the going rates, then ask for more than is offered so they’ll have room to maneuver and negotiate.

3. Take the Initiative

Have tangible evidence of what you bring to the table. Maybe you saved your company money or had an idea that generated so many sales. Every time you accept more responsibility, successfully complete a challenge or create positive changes, document it.  Keeping records is an effective means of demonstrating your value to an organization.

4.  Daily Affirmations—Act as If

Affirmations are positive statements expressed as if they’ve already happened. For example: “I have confidently ask for what I want” or”I deserve more money in my life“.   Write them down.  Post them in full view. Say them out loud as often as possible. When you act as if you’re worth a lot, you’ll eventually convince yourself as well as others.

5.  Challenge yourself in other areas

A stretch in any area of life has a ripple effect in other areas as well.  If you can’t quite get yourself to volunteer for that tough assignment or ask for a raise, try signing up for an art class or running a marathon. Anything that puts you out of your comfort zone builds confidence and self-worth.

Practice these tips and begin to notice the shift in how you feel about yourself. Making more money becomes possible because you know in your heart you’re worth it.

What practices do you use to increase your self-worth? Share HERE.

Warmly,

 

Barbara Huson
Barbara Huson is the leading authority on women, wealth and power. As a bestselling author, financial therapist, teacher & wealth coach, Barbara has helped millions take charge of their finances and their lives. Barbara’s background in business, her years as a journalist, her Master’s Degree in Counseling Psychology, her extensive research, and her personal experience with money give her a unique perspective and makes her the foremost expert on empowering women to live up to their financial and personal potential.
Barbara is the author of 7 books, her newest, Rewire for Wealth, was published in 2021. You can learn more about Barbara and her work at www.Barbara-Huson.com.

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