When we consider our financial situation, it is always good to realize that we can change our current circumstance for the better. Some tend to get themselves really down when they consider their financial situation because they think that there is no way that they can overcome the problems that they are facing. As a result they tend to try to completely ignore anything financial so that they don’t have to deal with this pain. Before you begin any kind of scrutiny into your financial situation, it might be a good idea to consider the following questions, so that you can develop a clear strategy as to how you will better your current income situation as soon as possible.

In order to better your financial situation, begin by writing down how much you currently earn. Take into account any kind of income that you have at the moment.
Do you believe that it is possible to increase your income? Why or why not?

Now consider how much money you think you could make. That is how much money you think your ideas and your contributions are worth to the employer that you now have or to the business that you might own. Consider your intellectual capabilities and honestly answer this question; how much am I worth?

What do you do now that generates the most value? What is the one thing that you do that you get the most money for? If you were to do this one thing only, then how much would that be worth? This will give you a good idea as to what you should be focusing on in the future in order to increase your personal worth. It can also give you a good idea as to what your employer or your business finds most valuable about you. Remember this point because it can be a negotiating point in the future.

If you do have a business or if you do something specifically for your employer, what is it? What is your unique ability that provides this worth to your employer or to your business? If you do not have a unique ability, can you develop one? By discovering what generates the most value in whatever it is that you do, you can begin to assess a more unique way to provide this service. The more unique that you can become, the more that you become an asset.

Considering what you have written above about yourself; how much do you think you should be earning? Do a little research online and find out how much you should be earning for what you are providing. This will not only allow you to develop negotiating points, it will also provide ways for you to become even more of an asset through your uniqueness.

You must also formulate a plan that will outline how and when you will be earning this amount. This plan needs to be very detailed, you need to describe who you will be working for, what amount of money you want to be making, and what exactly you will be doing there. You must also try to delineate the steps that you will need to take in order to get to this position.

Once you have written all this down and you have contemplated the questions and the answers, ask yourself one last question; what action can you take today to get yourself headed in the right direction?

Beginning any financial planning with these questions, should allow you to see that you can always improve your income situation. Discovering that you can make more than you think you are currently worth, will give you hope and an action plan on how to get there. Creating a plan in order to attain greater earnings will also focus your mind in the direction of growth instead of fear and impotence. Realize that what you have written down is doable and quite possible, all you need to do is discover your talents, investigate how much these talents are worth, and plan or negotiate in order to make them happen as soon as possible.