Before I went on maternity leave, I received an email from a Worth Project member wanting to share her story. I read it quickly, was blown away, and decided that I needed to write it up before I took my leave.
A few hours later I was en route to the hospital with a half finished story. So yeah, it didn’t get done as I’d planned.
I’ve been thinking about her story ever since, and this week I finally published it to my Forbes column.
What made this story really stick with me? Yes, she did increase her salary $75k in 4 years (amazing). But that wasn’t that. It was this woman’s struggle with deciding what was more important to her: money or a job she loved? She found her answer – or her balance between the two.
I think most of us can probably relate to this struggle. I know I can. When I moved to London I was deciding between two jobs. One was really interesting but didn’t pay well. One paid a lot but was terrible. I took the terrible one.
Since then, I’ve been on the hunt for that balance. Hearing how this woman made it work reminded me that it can happen.
WTF…what’s the fee? And why do you care? Part 2 of the 4 part series about investing. In part 1, we covered why it’s important to invest (hi, more money). In part 2 I’m breaking down the common fees you’ll see, and where you see them. (spoiler alert) Next week, in part 3, I’m going step by step through two DIY options. We’ll end the series with helping you decide if/when you might want to hire a professional and how much they cost. But for now, it’s all about those fees.
Money or love. This week on Forbes I shared the story of a woman who increased her salary $75k in 4 years. But that’s peanuts compared to what she learned about herself.
Make Me Smart: smart-ish reads from around the internet
If you only read one thing, read this. Wait, but why? This is probably the best article I’ve ever read about finding a career that fits you. It’s long. And in full disclosure, it took me a veeeeeery long time to finish this article. But I kept coming back to it because it’s that good. Sit down Saturday morning with a cup of coffee and give this a read. As the author says, “it’s a framework that can help you make career decisions that actually reflect who you are, what you want, and what our rapidly changing career landscape looks like today.”
I am a professional procrastinator. Please tell me I’m not the only one. I’m constantly finishing things right when they’re due – thank goodness Henry was born 3 days late because I was still doing work up until I left for the hospital. I’m not lazy, I swear, and luckily there’s a real reason for all of this procrastination, as well as a solution. Procrastinators, put this article on your to-do list to read. You’ll read it someday.
Regret-free investing? I like the sound of that. How a Nobel prize-winning economist suggests you do that.
“You often feel tired, not because you’ve done too much, but because you’ve done too little of what sparks a light in you.”
THE LATEST & GREATEST
Title: HR Location: London, UK Original Salary: $65k Negotiated Fee: £90k (approximately $140k in 2015) How important was money and what kind of sacrifices was I willing to make for a job I loved? What was the situation when you decided to negotiate your...read more
Title: Engineer, Financial Services Location: New York, NY Original Fee: $80k Negotiated Fee: $90k My mom taught me from a young age that you don’t get what you deserve, you get what you negotiate for. What was the situation when you decided to negotiate...read more
Think you’re underpaid, but not quite sure? This woman found out she missed out on $15k she will never get back.read more
Erica Gellerman, CPA
Erica Gellerman is a CPA, MBA, personal finance writer, and founder of The Worth Project: a weekly money newsletter you actually want to read. Her work has been featured on Forbes, Money, Business Insider, The Everygirl, The Everymom, and Lifehacker. When she's not writing about personal finance you can find Erica exploring Europe from her temporary home base in London.