How To Make More Money

Do you want to make more money at work, but you never get promoted? Ever ask yourself why you don’t get promoted even though you “work hard”? If that sounds like you, keep reading…

Before we get into the secret of making more money at work, here are a few reasons why—besides the obvious—it’s so important:

  1. The more money you make, the more you can save in your 401k, which will…
  2.  Help you become a millionaire faster, which will…
  3.  Improve your personal finance outlook.
Picture of George Washington pointing down towards the content below.
Below we’ll detail the secrets to making more money.
These are just a few reasons why you should be interested in making more money. And making more money often involves getting promoted at work.

Whether you’re fresh out of school or you’ve been in the workforce a few years and want to know the secret to getting promoted and therefore making more money, then you have come to the right place. Lucky for you, Dollabuzz has…

The Secret to Getting Promoted at Work.

Hello, Dollabuzz readers! Today, we’re going to fill you in on how to succeed and get promoted at work. In case you’re new to Dollabuzz, we’ve previously covered the secret to asking for a raise and getting it.

Getting promoted at work means getting paid mo’ money, and mo’ money is what Dollabuzz is all about. If you don’t know, now you know! So let’s get to the money and find out what you’re about to learn today. Here are the topics we’re going to cover:

  • What you think you need to do to get ahead and why it’s wrong,
  • How you get promoted by working less,
  • The one magic word that will help you succeed, and
  • The power of reciprocity

Dollabuzz is here to help you get your money right, and part of that involves showing you the secrets to success that you might’ve never heard before. Being promoted usually means mo’ money for you. But how do you do it? Work really, really hard? Well, maybe—but Dollabuzz has a better idea.

We’re cool with hard work, but why would you want to do more than absolutely necessary? We’re all about working smart and letting the non ‘buzzers do the really, really hard work. So let’s see how you can Dollabuzz at work and earn more money!

A businessman breaking through a wall while saying on the way to success.
Dollabuzz will help you break down barriers to success.

What You THINK You Need to Do to Get Promoted at Work.

Work really hard and you will succeed. That’s what we’re all taught from an early age. No one ever tells us, “Hey, do less and you can succeed.” Well, Dollabuzz is here to flip the script on the “work really hard” theory. Remember, we’re cool with hard work, but not more than necessary.

(1) Work Hard… but Not Too Hard

What do I mean by “work hard but not too hard”? This statement means do what is asked of you by your boss first and get that nailed down until it’s second nature. You run your current workload on autopilot and then you expand the amount of work you do. Once you’re on autopilot, then you volunteer for that special project.

Too often, newbies at work want to impress their boss, so they take on more work than they can handle. You get an “A” for effort, but nothing else. Taking on other projects before you get your basic workload on autopilot will lead to you working too hard. Staying late and working on the weekends to get caught up and hoping your boss will notice? Nah, brah—you workin’ too hard.

Be sure you work smart and Dollabuzz.
Working smarter and simpler will help you get promoted

Working smarter and not harder is the key. Smarter means finding a way to get more done while doing less. Work smarter by following these steps:

  • Check your email only three times a day.
  • Attend fewer meetings. And if you host a meeting, provide an agenda. Keep the meeting to 30 minutes or less.
  • Keep things simple. The simple answer or solution is usually the correct one.
  • Focus on what is truly important by asking yourself: Is what I’m doing providing value? How can I provide value, simplify a process, or improve efficiency?

Focusing on what’s truly important is what your boss will notice. When everything you’re supposed to do is done well and you provide value, you’ll start to get noticed. Then, your boss will see the efficiencies you’ve created and the value you add to the company. This is how you get promoted.

(2) Delegate Responsibilities: Tell Other People What to Do

You can’t do everything alone. Find ways to delegate if you want to succeed.

“Delegate” is the professional term for telling people what to do. You can’t do everything; nor should you. If there’s a menial task you can delegate to someone else, then do it. For example, we have one person keep track of all the timesheets for our jobs. Instead of us all entering the budgeted hours, we send timesheets to one person who specializes in doing it; and they get it done fast.

Another example is when I lead the C-Level interviews at work. I don’t take or write up the interview notes. We’re interviewing CEOs, CFOs, and board members, and I delegate note-taking to a less senior examiner. This allows me to focus on the interview and kick ass at the really important task of leading the interviews.

(3) Learn to Use the One Magic Word that Will Help You Succeed

Succeeding at work and being promoted requires using one magic word. That magic word is: “No.” Really, Mr. Dollabuzz? Yes, loyal reader. The ability to say no greatly influences our success, but saying no is hard. We are conditioned to help people, and usually that means saying yes. But often times saying yes to something comes at the expense of something else, like your own work and success.

You can be a team player and still say no. You just have to be very selective in what you say yes to. A “yes” answer should come only if it is truly going to benefit you and your team. Only say yes to the meeting if you have received the agenda and your active participation is required.

Be careful when you say yes, and don’t be afraid to say no.
Be Careful What You Agree To

Studies have shown that we are likely to act as we have in the past. For example, if you always say yes to one of your co-workers, then it will become very hard to say no to that person in the future.

Often, the requests start off simple, but future request will inevitably require more time and effort. You will have a hard time saying no to these more time-consuming requests because you’ve already set the standard of saying yes in the past.

(4) Understand the Power of Reciprocity

“People say yes to those they owe.” – Robert Cialdini

As we close out today’s post, I wanted to discuss the power of reciprocity. The great Robert Cialdini provides a quick overview of this secret power and how you can use it to your benefit. Be proactive and do something simple and easy for someone you work with, and they will be inclined to return the favor.

For example, if you see your co-worker’s report at the copier, bring it to them. Later, you can ask them for a favor that will help you out. Our society has conditioned us to return the favor. Additionally, if you want someone to like you more, offer them something warm to drink. People who like you will be inclined to help you.

Recap: The Secret to Getting Promoted…

  • Work hard—but not really, really hard,
  • Delegate (tell other people what to do),
  • Use the magic and powerful word “NO,” and
  • Understand the power of reciprocity

Remember these 4 keys and you’ll be promoted and Dollabuzzin’ in no time.

Do you want to learn how to become a millionaire?

Check out our How to Become a Millionaire page.

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4 Amazingly Simple Steps To Reach Your Personal Finance Goals

This Post Is All About Reaching Your GOOOOAAAALS!!

Hello, Dollabuzz readers! Here’s what we’ll be covering today:
  • The importance of personal finance goals
  • 4 well-known steps to achieve your  goals
  • Some cool and unique ideas that will help you succeed (and I bet you’ve never heard of them.)

Close up of a post it note that says set goals

If you’re reading this, then chances are you came to Dollabuzz to learn how to Get.Your.Money. Right. We thank you for stopping by and we can help you succeed.

The beginning of a new year is a time…

for people to set goals, like getting out of debt, saving for retirement, and yada, yada, yada.

But we all know what happens…

We’re good for a few weeks, then the old habits come back from the dead. We find ourselves sliding back to our old ways that don’t work and have never made any lasting improvements. But…

This year is different. Because you want to keep your new year’s resolution this time, right?
So how can we make these new year’s resolutions stick? 
  1. Write them down,
  2. Make them timely,
  3. Have a plan, and
  4. Share them with someone you trust.

It’s really that simple. Do these four amazingly simple things, and your chances of success increase dramatically!

Goals are important, because…

they are key to our success and possibly even our happiness. However, what’s just as important is having a plan to reach your goals. Like the great Yogi Berra said, “You’ve got to be very careful if you don’t know where you’re going, because you might not get there.”

The best way to get there is to have a plan. In fact, that’s the only way to get there.

So how do we go about setting and – more importantly – achieving these goals? Let’s find out!

4 Keys To Reaching Your GOOOOOOOAAAALS

1. Write Down Your Goals 

This is the most important part of achieving your goals. They need to be written down. Goals that aren’t written are simply wishes and dreams. We wish for ponies and we dream about being rich, but we never take steps to make those things a reality.

Writing down goals is effective because it makes them come to life. You can visualize them, and they become real. You took time to write them down, and they are now officially goals.

2. Goals Need to Be Timely

After putting your goals down on paper, you need to set a timeline to complete your goals. This is important because if you don’t have a set time to complete your goals, then you’ll keep procrastinating and they’ll take forever to accomplish. And ain’t nobody got time for that!

Most things we do in life have some sort of time deadline involved, and setting a time or date to achieve our goals should be no different.

 3. You Need a Plan

After establishing your goals and writing them down, you need a plan. That plan is simply a series of smaller goals that, when accomplished, will lead to our ultimate goal. This plan should also be written down and revisited regularly.

4. Share Goals with Your Significant Other

It’s really helpful to share your goals with your significant other, or anyone else in your life who you’re close with. They can hold you accountable and encourage you when things are not going as planned.

Unique goal-setting tips
(That I bet you’ve never heard of)

These ideas come from a great podcast I listen to called Science of Success. Do yourself a solid and check it out right now. I love this podcast, and I know you will too!

 Step Outside of Your Comfort Zone

  • Setting goals is generally a good thing. (Yeah, we know, Mr. Dollabuzz.) But it’s important to step out of your comfort zone whenever possible and to set goals that are really challenging that will require some effort.
  • When we step out of our comfort zone and accomplish things we never thought possible is when we truly succeed. Plus it feels great!

How to Execute on Huge Goals w/ Neil Patel

  • Prepare a to-do list (mini goals) and go over it every day
  • Follow the 10-minute rule: break goals down into 10-minute chunks and if after 10 minutes you haven’t made progress, try something different
  • You don’t have to take the same path everyone else does. Think OUTSIDE THE BOX and look for CREATIVE SOLUTIONS to reach your goals

Build Mental Models (Charles Duhigg, a Pulitzer Prize winning author)

  • Charles explains his take on mental models and how you can use them to enhance your focus on the right things (your goals)
  • By taking the time to plan out your days and what you expect to see, do, and have happen, you can choose what you’re going to focus on and what’s most important that day
  • Break bad habits. Find out the reward for your bad habits. Once you know why you do something (the reward), you can break that habit
  • Build good habits like setting goals and planning. These habits will become part of your routine and become easy for you to do because, well… they’re habits!

So How Are You Going to Reach Your Goooooaaals?

With the new year here, there’s a lot of talk about setting goals. That’s all well and good, but goal-setting can be something you do all year round!

Here’s a quick recap on how to reach your goals:
  • Determine your goals
  • Write them down
  • Make them timely
  • Step out of your comfort zone when determining your goals
  • Think outside the box when planning to achieve your goals
  • Break bad habits that prevent you from achieving your goals

Looking to get started on your goals?

Become an email subscriber and receive a FREE goal-setting worksheet. As a subscriber, you will also receive other discounts, freebies, and other things you need to Get.Your.Money.Right. All for FREE!

The Money Mindset of Personal Finance Success

Dollabuzz Your Mindset For Personal Finance Success

Personal finance is more than just budgeting, saving, and investing. You need a certain mindset to succeed at the money game. Dollabuzz will show you the mindset you need and how to get there.
Money and personal finance success
A strong mindset is key to personal finance success

I got my mind on my money, my money on my mind….oh hey wassup Dollabuzz readers! As I write this, I am thinking about money, Dollabuzz, and listening to Gin and Juice . Ahhh, the early 90’s when Snoop D-O-Double- G was just a young G.

Anyways, back to the lecture at hand. A STRONG Dollabuzz requires the right mindset and that is why I read Mindset: The Psychology of Success by Dr. Carol Dweck. Dr Dweck will show you how the right mindset will help you get your money right.

Dr. Dweck shares her research about the fixed and growth mindsets and how a simple belief about yourself guides a large part of your life. This post will discuss how these mindsets impact our Dollabuzz. Keep reading and I’ll show you the Dollabuzz mindset and why you should read this book.

Here is what we are covering today:

  • The fixed mindset and its negative impact on your money and personal finance goals
  • The 3 da’s  of personal finance and how they get in the way of your money
  • The growth mindset and how it is key to your personal finance success.

The Psychology of Personal Finance Success: How the Fixed Mindset Kills Your Dollabuzz

The fixed mindset? You’re losin’ me bro. Stay with me. The fixed mindset is that little voice of doubt in our head. We all have that self-doubt in our head and it manifests itself in different ways. For example, maybe you don’t open a 401k or a Roth IRA because you don’t know how and don’t want to look dumb by asking a “stupid” question.

If you have a fixed mindset you may be afraid to try something new and make excuses to protect your confidence. You say things like “I’ll never have money and always be broke” or “only rich people retire.” People with the fixed mindset are always right, don’t like criticism, and try to explain failures away. Using excuses will prevent you from achieving your personal finance goals.

money and personal finance
Keep reading to learn about excuses that get in the way of your money and personal finance goals.

The 3 da’s of Personal Finance: Coulda, Shoulda, and Woulda

At Dollabuzz we refer to common excuses of the fixed mindset as the “3 da’s.” I coulda got his or her phone number. We shoulda went to the after party. The Detroit Lions woulda won the Super Bowl. Yadda, yadda, yadda.

Dr. Dweck explains that fixed mindset people have inflated views of themselves, their abilities, and when they don’t succeed a built in excuse (the three da’s) are right there to make them feel good.

In personal finance  there are numerous da’s. A few common da’s are:

  • We shoulda invested in stocks
  • I shoulda made a budget
  • We woulda paid cash
  • I coulda been a millionaire
  • I shoulda invested in my 401k

Don’t let these excuses kill your Dollabuzz! I hate to point out the obvious but, a GREAT da is Dollabuzz. See what I did? Ta-da!

The Psychology of Success: The Growth Mindset Will Help You Dollabuzz Your Money

A growth mindset will help you reach your money and personal finance goals
A growth mindset will help you reach your money and personal finance goals
The opposite of the fixed mindset is the growth mindset. The growth mindset is the “can do” and “I will” mindset. The growth mindset allows you to succeed when you don’t think you can and allows you to overcome obstacles. This mindset is critical to your personal finance success.
It’s important to know that we all have a fixed mindset. But don’t forget that we can move to the growth mindset as well. Dr. Dweck states that “your efforts, strategies, and the passion for stretching yourself and sticking to it when it’s not going well is the hallmark of the growth mindset.”
Expressions like “work harder and smarter” and “if at first you don’t succeed” are the heart of the growth mindset. Enough of the textbook geek talk and let’s see the growth mindset in real-world action.
My Growth Mindset and Personal Finance Dollabuzz
Last year we purchased a rental house for $45,000. My fixed mindset said what if you can’t find renters or they trash the place? The growth mindset said we’ll make the house nice so it will attract good tenets. Guess what? The house is nice and we have good tenets.
 
My fixed mindset said “you know nothing about blogging” and “no one will read it.” But now, the blog is up and running and I am writing about topics I am passionate about. My fixed mindset gave me every excuse not to do something but my growth mindset took over and allowed me to Dollabuzz.
Why You Should Read Mindset: The Psychology of Success by Dr. Carol Dweck
Dr. Dweck does a great job providing numerous examples of the fixed and growth mindsets. These examples include stories from everyday people to sports and business icons who have failed or succeeded based on their mindsets. Dr. Dweck shows how we move in and out of our mindsets and the importance of knowing when we are in the fixed mindset.
A strong Dollabuzz is not easy and requires us to thrive when challenged and embrace failure (growth mindset). Most people are not born with a Dollabuzz and have to WORK at it through discipline and developing their skills to get their money right.
I highly recommend the book which you can purchase for your Kindle here 
or the book here