Maria DaSilva-Gordon - Top 10 Secrets for Making Money and Even More Money

To Phil: Thank you for being a great mentor, a good friend, and a big brother.

Published in 2014 by The Rosen Publishing Group, Inc.

29 East 21st Street, New York, NY 10010

Copyright 2014 by The Rosen Publishing Group, Inc.

First Edition

All rights reserved. No part of this book may be reproduced in any form without permission in writing from the publisher, except by a reviewer.

Library of Congress Cataloging-in-Publication Data

DaSilva-Gordon, Maria.

Top 10 secrets for making money and even more money/Maria DaSilva-Gordon.1st ed.New York: Rosen, 2014

p. cm.(A Students guide to financial empowerment)

Includes bibliographical references and index.

ISBN: 978-1-4488-9359-1 (Library binding)

ISBN: 978-1-4488-9373-7 (Paperback)

ISBN: 978-1-4488-9374-4 (6-pack)

1. Finance, personalJuvenile literature. 2. Success in businessJuvenile literature. 3. MoneyJuvenile literature. 4. EntrepreneurshipUnited StatesJuvenile literature. I. Title.

HG221.5 .D37 2014

332.4

Manufactured in the United States of America

CPSIA Compliance Information: Batch #S13YA: For further information, contact Rosen Publishing, New York, New York, at 1-800-237-9932.

By putting the secrets for financial success into practice, youll learn how to have money for today, tomorrow, and beyond.

Introduction

M aking money successfully takes work. You need to invest your time and energy toward the goal of making money. And, at times, youll need to invest some money. But its worth the effort. By following the secrets outlined here, you will lay the groundwork for a lifetime of financial success.

The process starts with determining your career. Ideally, youll find work that you are passionate about, that pays well, and that is in high demand. Volunteering and interning can help you discover the right career fit. Setting goals, acquiring a mentor, and being adaptable will also help you find financial success. Youll also increase your income by presenting yourself as a professional and knowing how to negotiate the pay you deserve.

You might find financial success by being your own boss. Within these sections, youll discover the pros and cons of entrepreneurship and if its right for you. Youll also learn why providing outstanding customer servicewhether you are a business owner or working for someone elsewill likely lead to advancement.

In your quest for monetary success, dont underestimate the power of education. Research shows that the higher the level of education attained, the more money people earn throughout their careers. Brandingwhether for yourself or your businessis another powerful tool you can use to prosper. Skillful networking can lead to various opportunities, from landing a job to improving a business. Finally, how you handle your income plays a major role in making more money. Whether its creating a budget, opening a savings account, or buying stock, what you do with your money is just as important as earning it.

This information will steer you in the direction of financial success, but success wont be achieved without the key ingredientyou. Your commitment to learning, working hard, and staying focused on your goals is the difference between making money successfully and not. The secrets are here, but ultimately its up to you to use them and stick with these positive financial habits over time. If you do, youll have enough money for the short term, the long term, and everything in between.

Secret #1

Choose the Right Work

C hoosing the right worka job you are passionate about, a job that is in demand, or a job that pays wellmatters when it comes to making money. Jobs that fall under one or all three of these categories will likely pay you more money than work that you are indifferent about or work in a crowded field.

Do What You Love

When looking for a source of income, whether its a summer job, a job after high school, or a career after college, you should aim for doing something you are interested in and passionate about. Doing something you love will make the work enjoyable and will likely have a positive financial impact.

When you are doing work you enjoy, you typically feel energized by it. As a result, you work harder. Doing a job that you are passionate about also inspires confidence. When you are confident about what you do, you typically perform at your best. And when you are giving it your all, your employer and customers will notice. Any positive attention you bring to yourself can help increase your chances for financial gain. For example, if a promotion becomes available, your boss will likely think of you, not the employee who seems bored and does the bare minimum.

When you do work you enjoy, you tend to work hard and perform at your best. Your employer is likely to notice, which could improve your finances.

Fascinating Financial Fact

One of the benefits of interning is that it can lead to a fulltime paying job. According to the National Association of Colleges and Employers (NACE), in 2011, employers made 58.6 percentmore than halfof their interns full-time employees.

Determine Your Interests

Do you know what really interests you? If youre unsure what you are passionate about, take the time to learn more about your interests, abilities, values, strengths, and weaknesses. You can do this by taking personality and interest assessments. Talk to your guidance counselor or teacher to find out what assessments are available to you.

Another great way to figure out your interests is to volunteer. Volunteering allows you to try out a work environment before spending time and money pursuing a career only to discover you dont enjoy it. Thinking about a medical career? Volunteer at your local hospital. Love animals? Consider volunteering at an animal shelter. Volunteering allows you to give back to your community and help those in need while making contacts with professionals in a field you may pursue.

Interning is another way you can learn more about your interests while gaining work experience. As an intern, you typically work for little or no pay and sometimes school credit. While interning, you might realize that working in an office setting is not for you or that you love being part of a large team. Like volunteering, interning allows you to make valuable professional contacts.

Volunteering or interning allows you to try out a work environment, discover what you like or dislike about a potential career, and establish professional contacts.

Do Whats in Demand

There are lots of jobs out there, but not all of them are in demand. Pursuing a career that is in high demand will help you when it comes to finding work, negotiating a salary, and having job security. Think about it: if there were only twenty qualified candidates for one hundred job openings, you can bet employers would do everything possible to be among those who hire someone.

In-demand jobs can also pay well. These jobs have a strong potential for growth and earnings. Fortunately, such job opportunities are available at various education levels. In-demand jobs at the bachelors degree level include industrial engineers and computer specialists. Among those with an associates degree, occupational therapy assistants and physical therapy assistants are in-demand occupations.