Money in One Chart

money at work

Asking for 'a raise' lets them pick the size. Asking for $175 a month does not.

A 3% raise on $70,000 is $2,100 a year, or about $175 a month before tax. Managers approve numbers. Bring one.

You asked for the ask script. It is below, as the slides from the post, then the one move, then the tool the chart points at.

Slide 1 of 7: Asking for 'a raise' lets them pick the size. Asking for $175 a month does not.Slide 2 of 7: What each raise is worth on a $70,000 salary, before tax.Slide 3 of 7: A manager can approve a number. A manager cannot approve a feeling, and an open request gets the default increment.Slide 4 of 7: Asking for a raise, in those words, lets someone else decide how big it is.Slide 5 of 7: What the sentence sounds like with a number in it.Slide 6 of 7: Eight percent can feel like a lot to ask for, and that is exactly why it works.Slide 7 of 7: Save this for the week before your review.

The tool this chart points at

A low-fee brokerage

For the IRA, the index fund and the rollover. Broad index funds with expense ratios under 0.1%.

Open it

This link may pay Money in One Chart a referral fee if you open an account. Your price does not change. How that works.

Sources: Arithmetic.

All four tools   Back to Instagram