What would your life be like if you were making double what you are today? For most people, this would provide them immense financial relief as well as the ability to make rapid progress towards their financial goals. Well, fortunately, seeing large increases in your income is entirely possible and can be done in a shorter timeframe than you probably think — in fact it may only take 3 years!
Whenever someone talks about doubling your income, I’ll admit it can come off as a little fishy. We’ve been conditioned to think that anything that promises quick returns is a scam and rightfully so. In the money hungry world we live in today there are always people trying to make a quick buck off the desperation of others. However, this isn’t to say that making the right financial moves can’t allow you to see exponential gains in your income if you understand the steps to take and execute as necessary. I can tell you first hand that it’s possible because I’ve done it myself!
The 9–5 Bind
I started my career just a few years ago making less than $50,000 a year and have now strung together consistent 6-figure years. Now, don’t get me wrong, it wasn’t easy. Doubling your income takes A LOT of work and a solid game plan for doing so but it is entirely possible so let’s walk through the steps I took that you can emulate to see the same financial progression in your own life!
For most people, your starting income in your quest for future prosperity revolves around your 9 to 5 salary. For Millennials and younger, society has conditioned us to see the path of post-secondary education as the only one out there and as such most of us grind out a 4-year degree, enter the workforce and hope and pray that we get a good boss and that the coffee at our work isn’t terrible. Because this is the path that most people take, I think it’s fair to set our income starting point at the average American salary of $35,000. This means that our goal is to get you to the point where you’re earning $70,000 a year in the next 3 years which would have you in the 75th percentile of all earners in the country. Not bad for 3 years of work. So, how do you get there? Here’s where the fun begins!
I wish I could tell you that all you had to do to double your income at your 9 to 5 job in 3 years was to…