Are You in the Top 50% of Wage Earners in the USA?
“Fifty-one percent of working Americans make less than $30,000 a year, new data from the Social Security Administration (SSA) shows”, according to a recent article at the Daily Caller. “That’s $2,500 a month before taxes and just over the federal poverty level for a family of five.” Forty percent of American workers are now making less than $20,000!
The new numbers come from the National Wage Index.
Often, the problem is not a spending problem, but simply not enough income to get ahead. Do you or your household need to earn more money?
Here are a few tips:
- always work in the area where you are gifted. This will allow you to maximize your income potential in that job.
- Seek to take on responsibilities that are beneficial to the growth of the company where you work. This will give you a higher probability for advancement and
- if you are able, consider a transition to self-employment or starting a side business for extra income. The top incomes in America are earned through entrepreneurs.
Originally posted on Crown.