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Why guys make more money: experts say men often earn the big bucks not because they're male but because they're strategic. Here, five think-like-a-dude tactics.(YOU YOU YOU)
There is no doubt that young women are kicking ass in today's business world. "Their abilities to multitask, trust their instincts, and build strong relationships with colleagues make women desirable employees," says Linda Babcock, PhD, author of Women Don't Ask. But despite these advantages, men's paychecks are still fatter.
So what's the problem? "The very skills that enable women to advance in the workplace tend to derail them when it's time to talk cash," explains Babcock. To compete financially, savvy chicks need to borrow from guys' playbooks. Here, the best strategies men follow.
They Ask for It
Think back to your last few performance reviews. Did you point-blank request more money? Statistics indicate that you probably didn't. In a 2002 survey of working women, only 16 percent said they always negotiated salary; 41 percent said they never--or only occasionally--brought it up.
"Women are shortchanging themselves," says Deborah Kolb, PhD, coauthor of Everyday Negotiation. "Oftentimes, they don't speak up because they think the offer is set in stone or they don't believe they deserve more." Know this: Boys don't play that way, and they have the bank balances to prove it.
Get-more-money tip: Consider every offer an opportunity to negotiate. "Guys believe that there's always wiggle room," says Babcock. "And they're right. Managers commonly lowball their first offer because they expect you to counter."
Nervous about negotiating? "You'll be more comfortable if you've done your homework," says Kolb. Ask someone in a similar position at another company what kind of range to expect or consult an online resource, such as monster.com. Go in with that number and once your boss names a figure, say "I'd be happier with X amount. Can you make that happen?" If she can't, ask to be compensated with extra vacation days, a company cell, or another pay review in six months.
- MONEY TIP.(Features)
- Newspaper article from: The Mirror (London, England) April 4, 2000 700+ words
Struggling to get the deposit to buy your first home? A brand new home could be the answer. Wimpey Homes currently has a Y2K deal, being piloted in the North East, where Wimpey pay the 5% deposit, pounds 350 towards legal fees and you get 5% cash back on mortgage payments, which could mean you pay
- Save Energy -- And Money.(Tip Sheet; Environment)(energy conservation methods)
- Magazine article from: Newsweek Springen, Karen September 17, 2007 700+ words
Byline: Karen Springen By now, most consumers know the basics of saving energy at home: install fluorescent light bulbs, buy appliances with the Environmental Protection Agency's Energy Star label and seal air leaks around doors, windows and pipes (see energystar.gov for more tips). But it can be
- M's MONEY TIP.(Features)
- Newspaper article from: The Mirror (London, England) March 14, 2000 700+ words
...inshop.co.uk for instant access to sales and promotional events. The service gives details of where to find the best deals on men's and women's clothing, accessories, lingerie and children's wear. They'll even e-mail you when your favourite designer...
- Net Interest.(Tip Sheet Money; TIP SHEET)(Website list)(Brief article)
- Magazine article from: Newsweek April 28, 2008 700+ words
Maximize your money by using the Internet to comparison-shop. Here are some financial-services sites that can help you save. findabetterbank.com: Put in your ZIP code and your bank preferences, and this site will point you to the best institution for your needs. ins.com: Put all your policies up
- Lord Mayor's prize money tip.(News)
- Newspaper article from: Coventry Evening Telegraph (England) July 14, 2000 700+ words
GERARD TONIAN, aged 15, from Bishop Ullathorne RC School, collected his school's pounds 150 prize money from Lord Mayor Cllr Sheila Collins, who asked him to put the money to good environmental use at the school in Leasowes Avenue, Green Lane. Gerard said: "I'm not sure what we will do with the
- Nutritious foods for shoppers on tight budget; Money tip.(Business)
- Newspaper article from: The Seattle Times (Seattle, WA) September 27, 2009 700+ words
Byline: The Associated Press Experts fear the recession will worsen Americans' already bulging waistlines, as healthful food often costs more than high-calorie fare. Researchers at the University of Washington are analyzing which foods give the most nutrition for the price per portion. Some foods
- Don't carry your mortgage into retirement; Money tip.(Business)
- Newspaper article from: The Seattle Times (Seattle, WA) August 23, 2009 700+ words
Byline: Robert Powell; MarketWatch BOSTON -- Time was when everyone retired debt free, or at least without a mortgage. Now many people retire while still paying that monthly home-loan bill. But should you? The short answer, according to a new Boston College Center for Retirement Research (CRR)
- Digging out of credit-card debt; Money tip.(Business)
- Newspaper article from: The Seattle Times (Seattle, WA) August 30, 2009 700+ words
Byline: Patricia Kitchen; Newsday Christine Vanderberg knows what it's like to be loaded down with credit-card debt -- also what it takes to climb out of it. Five years ago, the 56-year-old Amityville, N.Y, resident gave up one of her bookkeeping clients. The cut represented $25,000 in annual