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Millennials who tripled their salaries in 10 years share their best advice for getting a raise

By | Kathleen Elkins | www.cnbc.com

Before launching their blog and business in 2017, Julien and Kiersten Saunders worked in marketing for a hospitality company. The Atlanta-based couple, who met at work in 2012, recently left their jobs (Julien in June 2018 and Kiersten in April 2020) to focus on building out their website, Rich & Regular, and pursue more entrepreneurial careers.

But in the time they spent in their marketing roles, both managed to increase their salaries significantly: Julien, who spent 10 years at the company, was promoted five times and nearly tripled his salary. Kiersten, who worked there for 11 years, was promoted several times, worked her way up to a director role and tripled her salary.

By the time they quit, they were both earning six figures.

Julien, 39, and Kiersten, 35, believe the key to building wealth is to expand your revenue streams and find multiple ways to earn money. Part of the reason they left their 9-to-5 jobs is so they wouldn’t be reliant on a single source of income. They both still earn six figures as entrepreneurs and expect to exceed what they made from their previous jobs by the end of the year. 

But it’s possible to increase your income even if you work a 9-to-5, as Julien and Kiersten did. A simple way to boost your earnings is to ask for a bigger salary, yet most people don’t do it. Here is Julien and Kiersten’s best advice for landing a raise.

Click here to read the full article

Source
www.cnbc.com
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