How to Get the Raise You Deserve with Claire Wasserman

Speaker 1 Here's one piece of advice that I've given for years: build an emergency fund. Aim to stash away enough to cover at least three months of expenses in case your income suddenly drops.

Speaker 1 Sounds simple, right? But let's be honest, it's not. Saving even one month's worth of living costs can feel impossible.

Speaker 1 Just when you're making progress, that check engine light blinks on and derails your plans. Life already throws enough curveballs.
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Speaker 1 Work on your financial goals through Chime today. Open an account in just two minutes at chime.com/slash MNN.
That's chime.com/slash MNN. Chime feels like progress.

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Speaker 2 News and World Report 2023. Chime, checking account required.

Speaker 3 I live in LA now, but lately I have been craving the seasons. Snow, hot cocoa, the whole thing.

Speaker 3 I don't even ski, but I have been daydreaming about working remotely from somewhere really cozy on the East Coast, like a cute little ski town for a little bit.

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Speaker 3 It is one of the easiest ways to earn passive income from something you already have, and that extra income feels particularly helpful this time of year as we approach the holidays.

Speaker 3 A lot of my friends say that sounds amazing, but where do you find the time to manage guests and bookings? And that's when I tell them about Airbnb's co-host network.

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Speaker 1 Here's one piece of advice that I've given for years. Build an emergency fund.
Aim to stash away enough to cover at least three months of expenses in case your income suddenly drops.

Speaker 1 Sounds simple, right? But let's be honest, it's not. Saving even one month's worth of living costs can feel impossible.

Speaker 1 Just when you're making progress, that check engine light blinks on and derails your plans. Life already throws enough curveballs.
You don't need your bank adding to the chaos.

Speaker 1 That's why it's so important to choose one that makes savings easy and doesn't nibble away at your hard-earned money with ridiculous fees. QIIME understands that every dollar counts.

Speaker 1 That's why when you set up direct deposit through QIIME, you get access to fee-free features like free overdraft coverage, getting paid up to two days early with direct deposit, and more.

Speaker 1 With qualifying direct deposits, you're eligible for free overdraft up to $200 on debit card purchases and cash withdrawals. To date, CHIME has spotted members over $30 billion.

Speaker 1 Work on your financial goals through QIIME today. Open an account in just two minutes at chime.com/slash MNN.
That's chime.com slash MNN. Chime feels like progress.

Speaker 2 Chime is a financial technology company, not a bank. Banking services and debit card provided by the Bankor Bank NA or Stripe Bank NA.

Speaker 2 Members, FDIC, spot me eligibility requirements and overdraft limits apply. Timing depends on submission of payment file.

Speaker 2 Fees apply at out-of-network ATMs, bank ranking, and number of ATMs, according to US News and World Report 2023. Chime, checking account required.

Speaker 1 I'm Nicole Lappen, the only financial expert you don't need a dictionary to understand.

Speaker 5 It's time for some money rehab.

Speaker 5 Hi, this is Morgan, the executive producer of the show.

Speaker 5 And today, you are going to hear a conversation that Nicole taped before she was on maternity leave with Claire Wasserman, who happens to be the guest host of Money Rehab this week.

Speaker 5 Claire is the co-founder of Ladies Get Paid, which is a community where women can find resources on how to succeed in their careers, negotiate their salaries, land new jobs, and build their wealth.

Speaker 5 It's a job board, there's personal finance resources, and a network of over 50,000 women.

Speaker 5 She wrote a best-selling book of the same name, Ladies Get Paid, which is the preeminent guide on how women can get recognized and rewarded at work.

Speaker 5 Claire has this really special ability to coach people on how to get the money that they are worth and that they deserve through addressing whatever root problem is holding them back.

Speaker 5 Sometimes it's emotional, sometimes it's systemic. Whatever it is, Claire is really, really talented at identifying what that core issue is and giving you a strategy to help you overcome that.

Speaker 5 This week, you're going to hear examples of exactly that.

Speaker 5 This week, while Claire is guest hosting the podcast, you're going to hear conversations in the style of her podcast, where she has women come on her show anonymously and talk through a money or career problem that they're having.

Speaker 5 This week, it's all about money because, you know, money rehab, but check out Claire's podcast linked in the show notes because there's a lot that she covers there.

Speaker 5 So that's going to be what happens this week. But first, again, here's a conversation that Claire had with Nicole before Nicole went on maternity leave.

Speaker 5 In the first part of their conversation, you'll hear Claire share tips and strategies that you can use if you're asking for a raise or for more money out of a job offer.

Speaker 5 And you'll hear tips that you can use that are, you know, gender non-specific.

Speaker 5 But Claire does have an extra layer of advice for women specifically just because, you know, the wealth gap, traditionally, it's been hard. Women have needed extra strategies to get what they deserve.

Speaker 5 In the second part of their conversation, conversation, you'll hear Claire's origin story and more information about what she's working on and what you can expect out of this week of episodes. Enjoy.

Speaker 4 Claire Wasserman, welcome to Money Rehab. I'm so excited to be here.
So let's talk about blocking and tackling for getting ladies paid.

Speaker 4 Yeah, I'd love to do a little roleplay, but first let's just talk about like when to ask, how to ask, why to ask. Sure, sure.
Okay, well, a couple of different scenarios.

Speaker 4 Obviously, if you're negotiating for a new job versus a current job, if the job says you cannot negotiate, can you? You know, yes. You can always negotiate.

Speaker 4 They are fully aware that by the first offer they put out, it is just that, the first offer. It's always how you do it, not the fact that you're doing it.
Okay.

Speaker 4 Who tells you you can't negotiate, though? Some jobs, right off the bat, will say this is non-negotiable. Yeah.

Speaker 4 And I always say, go do the market research. By the way, market research is not glass door.
Okay. Market research, research, you have to talk to real people who work at the competitor companies.
Okay.

Speaker 4 And it's contextual. And how do you find them? LinkedIn.
Yeah, LinkedIn. So let's say you work for a startup.
Don't be talking to people who work at a Fortune 500 company. Okay.

Speaker 4 I would say look for a company that's comparable in size, location,

Speaker 4 yes, revenue. Right.

Speaker 4 You find white men who go work at that company and you message them on LinkedIn. And you don't have to say straight up, how much do you make.

Speaker 4 You can ask for a range, a ballpark, or you can say, what's your input on the research I did? Just in the message. In the message, but you tie it to a greater purpose.

Speaker 4 And that is, you are being a wonderful ally. Because I think a lot of men are looking for ways that they can help, but they just don't know how.
And I always say, share your salary.

Speaker 4 Oh, and by the way, the other thing you say is, this way we can all get paid more. I'm happy to share what I'm making, or I'm happy to be a reference for you when it's your time to negotiate.

Speaker 4 Let's normalize talking about money. Otherwise, who has has the power? When there's not transparency, we as the employee lose.
Okay.

Speaker 4 So when you position your ask to another person in that way, now all of a sudden it's bigger than both of you. So this is a cold message on LinkedIn.
Like, hey, Bob, I'm

Speaker 4 negotiating for a salary. And

Speaker 4 you have a similar job to me. You can also, by the way, blame it on ladies get paid.

Speaker 4 You can say, listen, I, you know, I read this crazy book and I was curious, you know, if the offer that I'm getting is on target with what you're making, if you'd be comfortable to share, that's, you know, a wonderful way to support, you know, women and the wage gap.

Speaker 4 But most importantly, I think let's be allies to each other in everybody getting paid more. If you can get an introduction, it probably would be better, right?

Speaker 4 Like go to some friends and say, hey, I'm negotiating an offer. Do you know somebody who fits X, Y, and Z description? Would you be open to making an intro?

Speaker 4 Again, let me do this for you when it is your your time.

Speaker 4 And make this a regular occurrence that you do.

Speaker 4 By the way, I would love it if everybody could do this when actually they are not looking for a job, but just want to get a sense of what they are in the market as of now.

Speaker 4 This is how my sister-in-law realized that she was being underpaid and needed to get a new job. She just was going out there looking around and

Speaker 4 proactively. Yeah.
Because this stuff takes time. And if you only prepare when you need it, you're already behind or you're putting pressure on.

Speaker 4 Yeah, desperate vibes. Yeah.
So just, you know. Like, Bob, I must know by Tuesday.
Yeah, yeah, exactly. And also negotiate or at least start doing this research.

Speaker 4 Certainly, if your responsibilities have changed. So I would say approximately give or take 20%.

Speaker 4 So keep a hold of your last job description and then track how responsibilities have shifted, your scope, because you are absolutely due for a raise.

Speaker 4 If you are doing more, if you're doing work that impacts the business bottom line. And also, by the way, the market is always changing.
So maybe your skills are more desirable now.

Speaker 4 So just because you were paid a certain amount last year doesn't mean that's what you should be paid this coming year. You really have to take a look at how you've grown and how the market's changed.

Speaker 4 And the only way you're going to know this is by talking to real people because there's not accurate data out there that, unfortunately, we as the employee have access to.

Speaker 4 HR, they have logins to, you know, these aggregates of data that I would love it if somebody could just give me, you know, that, their password, but we don't have that. We have Glassdoor.

Speaker 4 And if you bring that up to your employer, that's where you found your number. Well, it's going to shut down the conversation.
Yeah, but this is the other thing.

Speaker 4 I think when you negotiate your salary, you should actually make the conversation really about how you came up with the number, how you did the research, but also how did they do their research?

Speaker 4 How did they decide? that this is why you're lower on that pay band because there's always a range of what you could make. Why did they decide it wasn't the top? So make it about the method.

Speaker 4 Make it about the method because that also allows the conversation to be back and forth, back and forth, back and forth, as opposed to, I'd like this number, yes or no? That's a close-ended question.

Speaker 4 And the conversation will be over quickly. And then you don't have a chance to like dig into the how did we get here? And then most importantly, how can I make more moving forward? Yeah.

Speaker 4 And what's the best time to ask? So I guess two parts. First, when you're getting an offer, so you're just starting.
And then second, you've already been there.

Speaker 4 Yeah, I think if you've had a really big win that has had impact on the business bottom line, everything's always about how do you fit into the financial ecosystem of the company, making money, saving money.

Speaker 4 Okay. So you've had a really big win, might be time to have a conversation of comp

Speaker 4 you could have a conversation six months in. It's not necessarily about pay, though.
I think it's just about growth. What am I doing here? How can I do it better? What is the company prioritizing?

Speaker 4 What are your goals? Where are you investing? Take a look at where budgets are changing, right? So just, you know, aligning your work with their upward trajectory.

Speaker 4 So when I say six months, is it that you're going in and saying, I'd like a raise? No, but you're kind of priming them to see you as somebody who should get a raise, okay?

Speaker 4 Then probably at your annual review, but try to find out when budgets are decided. Okay, so let's say your annual review is in February, but budgets are decided in November.

Speaker 4 Have the conversation in November because chances are the person you're speaking to is not the ultimate decision maker and they're gonna need you to kind of help them help you. Yeah.

Speaker 4 And so it's really about how do we all do better here? And even saying things like, how does the company give me a raise as opposed to personalizing it?

Speaker 4 Because chances are the person you're talking to, they want a raise too. Yeah.
Make them your ally. I'm going to keep using that word.
Like, we're all in this together.

Speaker 4 And I have to remind everybody that because I think when we ask for a raise, we think it's me me versus them.

Speaker 4 It's win or lose. And that just puts so much pressure and almost guarantees that you're not going to get what you want.

Speaker 4 And hopefully you get, if not the more money, full compensation, or there's just some momentum happening in your career at this company in a way that's important to you.

Speaker 4 And so, how do you come up with that number, like a Goldilocks, just right? Not too much, not too little. Or do you come up with, you know, a bumpin' base salary and some other comp perks? Sure, yeah.

Speaker 4 So come up with three numbers because expect that it's going to be a no for your first number. So.
But throw out the number. It depends on the situation.
Okay.

Speaker 4 So if you are applying for the job and you do not have the offer yet and they ask you how much you want to make, do not tie yourself to a number. Say, this is the general research I've done.

Speaker 4 I've seen a ballpark. I'd like to hear more about the role or I'm sure we can figure something out.
You do want to make sure you're on the same page.

Speaker 4 Otherwise, you're actually wasting your own time as as much as you're wasting their time. But I wouldn't tie yourself to a number, okay?

Speaker 4 But we had

Speaker 4 Bose St. John on the show, and she said, Throw out like an outrageous number because you'll never get there.

Speaker 4 Okay, no, no, I disagree. I respectfully disagree.
Also, she's very senior, you know, like again, this is all contextual, but let's say you do have the offer, okay?

Speaker 4 And they say, Great, we'd love, you know, we want you to work here, or you already are working there.

Speaker 4 Then I think you should throw out the number and you should always say the absolute highest in the market research you did. So for you personally, that might feel outrageous, right?

Speaker 4 Compared to what you currently make, maybe that's 20, 30, 50,000 more than what you're making, you know? So

Speaker 4 good. I hope you're uncomfortable saying it, but remind yourself, it's not random.
You didn't pull it out of the sky. You can back it up with solid market research that you did.

Speaker 4 You talked to six real people, okay?

Speaker 4 And you also have, what I say, research and and receipts. You got the receipts.

Speaker 4 You're going to back it up with examples, quantified examples of how you've impacted business bottom line and how you bring extra to the role, like access to clients, good relationships with vendors.

Speaker 4 You know, it's not just about I can do this job, it's how you're doing this job too.

Speaker 4 Highest possible number. They'll probably say no.
No worries, you got two more numbers to go, plus full compensation. I have a whole method about this, but don't say too much.

Speaker 4 You know, just say that top number and then be quiet, which is very hard to do. So hard.
Yeah. Silence is delightful if you can sit in it.
I mean, you hear me jabbering about.

Speaker 4 You shouldn't have had that espresso morning. And I'm like, yeah, you know, I actually have a funny story about how accidental silence got me a lot of money.
Do you tell? Yeah.

Speaker 4 So when I first became a freelancer, I had this client that I, or potential client I was negotiating with, and I said a really, really high number,

Speaker 4 still rooted in market research, but like a scary number for me. And they said no.
I I was very crushed. A month later, I get an offer from them for triple the amount.
What?

Speaker 4 And I'm like, triple the, this is not how I thought negotiations were supposed to go. Turns out they had emailed me twice and had gone to my spam folder.

Speaker 4 And they thought that my silence was a negotiation tactic, which guess what? It is.

Speaker 4 Wow. So I thought this is a very good, teachable moment for me because I a thousand percent would have said yes immediately to that first number we discussed.

Speaker 4 But it turns out, you know, I was, quote, worth triple, actually. Damn.
Yeah.

Speaker 4 I mean, it's harder to do it in person when you're sitting across from somebody than it is to ignore email or, or like, ignore email by accident.

Speaker 4 Well, also, I don't recommend that people negotiate over email because nuances are lost. And especially for women and women of color, we are looked at as aggressive when we're just being assertive.

Speaker 4 How do you kind of caveat that or soften it? Positive body language. You're excited, right? You're, you know, you smile.
I hate to tell women to smile, but, you know, it matters.

Speaker 4 So you can say that strong number. You can like text could be the exact same thing a man says, but we have to do that extra step of,

Speaker 4 I mean, I really hate to say that, but there's research, you know, research that shows when we don't act positive, then we're defaulted to this nasty woman. So I have the quote, you know, what is it?

Speaker 4 Ginger Rogers did everything that Fred Astaire did, but backwards and heels. Like, that's why it's exhausting to be us, and we need spaces like this to come together and commiserate.
And

Speaker 4 I would say, have a glass of wine, but I'll have your wine.

Speaker 4 Yeah, I'll take two glasses. It's fine.
Nothing makes me want to frown more than some guy telling me to smile. When you say it, it's lovely.

Speaker 4 If you know that there is research behind it and you are playing the game of capitalism, it's just a game. It has nothing to do with your actual worth as a human being.
You are priceless.

Speaker 4 But in this system that is set up, I mean, I'm sure you talk about how money, it's real, but it's fake. It's a made-up system that we've all bought into, literally.

Speaker 4 But if you can kind of separate it, it's like, okay,

Speaker 4 I am Claire and I am priceless. But within this dynamic, we are both playing the game of capitalism and we have to wear certain masks and costumes as we play this game.

Speaker 4 And then maybe it can be a little fun.

Speaker 4 Yeah.

Speaker 4 What are some of the drawbacks of aiming too high?

Speaker 4 So, like, if you go in when you're first getting an offer. Yeah.
I mean, I think we want to hire people who

Speaker 4 have common sense. So if a person's coming in and giving me some random high number and they can't back it up and it, it's like,

Speaker 4 where are you? What plan are you on? You know, what planet are you on?

Speaker 4 So I think if you come in there and you have done your research, you back it up, you talk about how your work impacts the business bottom line. You really make it about the future.

Speaker 4 So how investing in you is investing in them. I have this whole thing about how it's imagine you're not even an employee.
Think about yourself as a business and you are actually asking for investment.

Speaker 4 So it's not a, you know, charity or even a reward, okay? Because that's the past. And we want to think about the future.

Speaker 4 If it's about investing in you, you're really making the case that they're investing in themselves. There's going to be a return, which is true because everyone has a margin on their paycheck.

Speaker 4 Maybe not nonprofits, I'm not sure about that, but like if you are hired by a company, that company is profiting off of your labor. Okay.

Speaker 4 So if you always make your case about how there's profit to be had in your growth, okay, if you have a random number and you can't back it up with that kind of persuasive case, it's like, what are, we don't have a conversation starting point.

Speaker 4 There's no common ground for them to be able to now pick the ball back up.

Speaker 4 I actually had somebody tell me that he was so impressed with the way this woman negotiated for herself.

Speaker 4 And it was a high number, but it was rooted in reality, backed up with the research and the receipts. He kept thinking to himself, wow, she's going to represent my company really well.

Speaker 4 Can't wait for her to negotiate for me. Like,

Speaker 4 he admired her. You know, it showed good character.

Speaker 4 And that made me very proud because I had coached her. Yeah.
Yeah.

Speaker 4 And so you come up with these three numbers. So a high one, a middle one, and a lower one.
How far apart are they? Great question. This is completely based on your own budget.

Speaker 4 So when you do your market research, you'll find there's something called a pay band. Okay.

Speaker 4 And you might think, all right, highest number, I'm going to go with the middle and the low.

Speaker 4 But for your own personal budget, maybe you have a lot of expenses and you can't go to the bottom of the pay band in the research.

Speaker 4 Maybe you really need it to be more like, you know, $2,500 gaps or whatever. Like it's totally based off of your life and also your goals.

Speaker 4 That's why I love talking about salary salary negotiation because it's really an opportunity to explore what do you want to do in your life and how much is it going to cost you to get there.

Speaker 4 So I really can't say what the kind of increment is between the three other than pay a lot of attention to that bottom line for yourself because you cannot go below it.

Speaker 4 So you really have to think to yourself, is this opportunity worth the financial sacrifice I might need to make if I say yes to this?

Speaker 4 And then there's a whole other option that's just a perks option. Oh, well, sure.
Yeah.

Speaker 4 I mean, there can be offers that you're given that actually cost the company a lot more money, not because they're paying you so much, but because the, you know, the benefits are so great.

Speaker 4 And that's where you have to reflect for yourself. Where do you want to go in your life? And yes, how much is it going to cost? But could this company help you get there by what they're offering?

Speaker 4 So PTO. Yes.
Or

Speaker 4 transportation. Cell phone, career coach, going to a conference.
Expense account. An expense expense account, a signing bonus, something that's commission-based.

Speaker 4 You know, it doesn't have to just be for salespeople. Like, look at metrics for the work you're doing and say, all right, if I hit X, Y, and Z targets, let's do, you know, an incremental raise.

Speaker 4 My biggest recommendation, I have two. One, don't go off of what you think you can get or what they've demonstrated that they're willing to offer.

Speaker 4 I've had so many women be the first person at their company to suggest, for example, bereavement leave, you you know, not just paid leave. And now that's become institutionalized at their company.

Speaker 4 So you could be the first person to do this. Second, in the conversation, in the negotiation, don't be the first one to ask for it because chances are they were going to give it to you anyway.

Speaker 4 So if you come out and say, all right, I'm asking for this amount of money plus this benefit,

Speaker 4 they might think to themselves, oh, that's a chip. Yeah, they just showed their hand, right? To go off of the game analogy, right? Okay, they showed their hand.

Speaker 4 Sorry, we can't do that amount, but we could give you that perk you asked for. But you're already going to get it.

Speaker 4 So just say the number you want with no benefits, decide on the number, then go to the next part of the conversation. What are you offering for the comp?

Speaker 4 Make them show their hand first, and then have in your back pocket all the other things you wanted.

Speaker 4 So do they have to tell you what kind of bereavement leave you might get? That was kind of an extreme example. Yeah.
Yeah.

Speaker 4 Actually, the bereavement person, the first thing she did was got extended paid family leave because she knew she was wanted to have children soon and they didn't have a very good policy and made sure to bring that up chances are they're going to actually just tell you all the things right off the bat that they're going to give you or you'll have done your research and you'll already know but point being don't say what you want first really have them tell you what's available

Speaker 1 Hold on to your wallets.

Speaker 4 Money rehab will be right back.

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Speaker 4 As someone who's about to have a baby girl,

Speaker 4 asking for paid time off to have a family or for IVF, I've seen women ask for that, which is great as a perk. What's the best way to ask?

Speaker 4 Because you're also basically telling your new employer that I'm going to take time off to have kids. Right.
Okay. Love this question.

Speaker 4 I love anything that feels really uncomfortable because I'm like, how do we not only move through this, but actually turn it into an opportunity to look good?

Speaker 4 I would love anybody out there to say, I know that you're a company that values

Speaker 4 whatever, you know, pay equity or you, you know, your talent, you know, that like humans, family.

Speaker 4 And if there's a competitor company that does it, okay,

Speaker 4 and and I know competitor company also offers it, you know, offers this.

Speaker 4 So I'd be really, you know, excited to talk to you about the possibility of making something like this happen, almost as if you are not necessarily volunteering yourself to like create a whole new program, because I don't want anyone to put extra work on themselves unless they want to and they're getting paid for it.

Speaker 4 But like, not like, are you giving this to me or not?

Speaker 4 But like, let's work together. Let's figure out, because maybe for them they go, we can't fully do that right off the bat, but we could start in a small way.

Speaker 4 There could be a, all right, we don't normally let people work from home.

Speaker 4 Now, most companies do, but you know, we don't normally let people work from home, but let's try one week out of the month, right?

Speaker 4 So you're effectively saying to them, here's a small version to test what I'm asking for and understanding this is a collaboration together.

Speaker 4 That you don't necessarily need a yes or a no immediately, but that you have a willingness to work with them to figure out some way to get there.

Speaker 4 Because chances are they're they're not able to do it right away, but they're willing to like try a smaller version of your ask. So signal that from the beginning.

Speaker 4 And by the way, a great benefit that every single person should ask for, and not just women, subsidize childcare, right?

Speaker 4 There are organizations out there that work with companies to get them tax breaks if they offer childcare. So you could even come with your own research.
Hey, I know about this company.

Speaker 4 You know, make it easy for them to say yes versus putting all this work on them that they might not be prepared to receive.

Speaker 4 But let's get uncomfortable. Let's get even more uncomfortable.

Speaker 4 I mean, I've struggled with how to tell different people I work with about being pregnant or what is that going to connote for how I can work later in this year or how much time am I going to take off?

Speaker 4 I still don't fully know the answer to that question. But how do you approach that in the right way where you're showing an employer that you are all in,

Speaker 4 but you also are transparent about your life plans. Yeah, I think being proactive with what their concerns might be and addressing them off the bat.
So, if the concern you have is X, Y, and Z,

Speaker 4 here are some suggestions that I can imagine might work, just making sure that communication is there, you know, that you never feel like I'm not showing up or, you know, that to me is the foundation of every great relationship is communication.

Speaker 4 Maybe that's all you need to say, to be honest. It's not that you have to have specific solutions, but that you're empathetic to the reality for them,

Speaker 4 you know, that you're not just thinking about yourself.

Speaker 4 And you're going to, you know, use it as an opportunity to be closer to them. I think, I mean, every single person has a thing that they're worried about at work, you know?

Speaker 4 So if you can turn this into like a real human connection moment, I have found in the most difficult times, that's when, you know, you really can create a strong bond with somebody. Yeah.

Speaker 4 But again, TMI. I mean, it's always contextual, right? So like, who is this person? And that's why I really encourage everybody to try to get to know people, even if you don't like them.

Speaker 4 It's just, you know, kind of understanding how they operate, what their dynamic is, what their goals are, so that you can speak to that. I mean, that to me is the greatest negotiation.

Speaker 4 I mean, it's common ground, right? So you have to know what ground kind of they're standing on too to make it common. Yeah.

Speaker 4 I've heard a lot of HR managers say they're seeing more and more people ask for signing bonuses to get the seller to where they want it to be.

Speaker 4 What do you think about that? And how's the best way to approach a signing bonus? Yeah, yeah, I've had that happen with a few clients of mine.

Speaker 4 I think for anybody listening or watching who's thinking, if I want more money and they're telling me no, then how could I get a signing bonus or X, Y, and Z other things that cost money, different budgets from different departments, okay?

Speaker 4 And you'll never know if you don't ask. And also, this is you being creative.

Speaker 4 So also, if you think you're a bad negotiator, if you think you're a good problem solver and you're creative, then you can be a good negotiator.

Speaker 4 So signing bonus, that's a wonderful example of exactly how do you get to what you want in a way that works for the company.

Speaker 4 Let's double click on where these budgets come from, because I think that's important.

Speaker 4 And also tax treatments might be different or more advanced or more advantageous to a company if it's framed as a signing bonus versus like on payroll tax or something like that.

Speaker 4 How should you be thinking through that? Yes, I think you should be thinking about who can I build a relationship with at this company that can give me that information. So HR, good.
Recruiter, good.

Speaker 4 Honestly, executive assistants, the person,

Speaker 4 you know, they know, they know everything. Somebody who has worked there for a long time, institutional knowledge, it's not that this one person is going to be able to give you everything.

Speaker 4 Probably not, but you're going to take bits and pieces of information. Things like when our budget's decided.
And by the way, it's never because I'm asking for a raise and I deserve it.

Speaker 4 Of course you do, but you tell me that. You don't tell these other people that.

Speaker 4 You say, I want to make sure that the work I'm doing is maximizing whatever the bottom line, you know, profits, goal, whatever for the company.

Speaker 4 And so you really make it about just general growth, your work, priorities, you know, and that's the entry point into maybe hopefully getting more specific information about the money.

Speaker 4 You may never know, but you just want to be able to benchmark it against the competitors out there.

Speaker 4 That's it, because what you were being paid has everything to do with what the competitor companies are paying.

Speaker 4 But just keep in mind generally that there could be different budgets, or it could be advantageous for them to pay out expenses that you consider a perk.

Speaker 4 So it's not just negative on their part and positive on your part. It could be a win-win if you keep that in mind.

Speaker 4 budgets, taxes, all those other concerns. And that you're asking because you want to make it as easy as possible for the company to be able to do this, right?

Speaker 4 So it's saying, you know, how do I get what I'm wanting, but in a way that's not, I guess, taxing on you.

Speaker 4 Whoever's hearing that information is going to go, oh, okay, common ground. They're thinking about my best interest as well, because they have to balance the budget or whatever.

Speaker 4 They have all these competing dynamics. So already hearing from you that you're thinking about yourself within a context,

Speaker 4 you know, again, it's that connection where they go, oh, this person's, you know, reasonable. Yeah, you're still going to be asking for that highest number, but you're looked at as reasonable.

Speaker 4 What's your biggest pet peeve that people say? Like, I deserve a raise.

Speaker 4 You know, it's funny because I used to hand out dollar bills at all of my events that I stamped with get paid what you deserve. And I actually really regret that

Speaker 4 because of what we just said of like, what you deserve, it doesn't really matter what you think you deserve. But also, I think a lot of women don't think they deserve that much, actually.

Speaker 4 And it's abstract and it's worth related. It's too messy.

Speaker 4 get paid the highest in the market research that you did would have been a better uh line i think

Speaker 4 stick to the data research and receipts i my My biggest pet peeve, I think, is seeing a no as a no when it really is a not yet.

Speaker 4 And whatever their resistance is, that is part of their job. Your job is to transition the conversation to getting the next thing you ask for.

Speaker 4 So sort of challenge yourself to make these conversations last as long as possible in a way where there is something you are getting, if not the money.

Speaker 4 And just know that this is going to be, you know, not going to say the worst negotiation you ever do, but practice makes progress.

Speaker 4 So maybe even imagine that you're practicing for the next time you negotiate. And you don't have to be so ravenous out of the gate.
There are opportunities for some of these perks

Speaker 4 in particular while you're working there. Yeah.
Oh, yeah. Again, subsidized childcare.
I mean, think about all the things that you're paying for in your life.

Speaker 4 If somebody else paid for it, that is money in your pocket. For sure.
You ready to role play? Sure. Yeah.
Okay. So I'll be the HR hiring manager.
Okay. HR representative hiring manager.
I don't know.

Speaker 4 Okay.

Speaker 4 So,

Speaker 4 hi, Claire.

Speaker 4 What did you put time on my calendar to talk about? Oh, well, first of all, I'm so glad that you made time for me because I know you're super busy.

Speaker 4 I, you know, I've been reflecting a lot on the work that I have been doing recently, and I'm seeing a shift in some of my responsibilities, particularly around client-facing work.

Speaker 4 So I wanted to have a chance to talk to you just to get on the same page about, you know, where I'm going in the company and, you know, seek your guidance on this yeah and let's get on the same page um it's going to be hard for me hold on by the way it's going to be hard for me not to commentate on why i said the words that i'm saying it may be it may be obvious to everybody but it's already enlisting them to be on the same side as you that it's not i'm asking for something that you have to say yes or no to but i'm looking at you almost like a mentor in a way right like seeking your guidance also smart yeah yeah and that it's not just about the money but also that you are are aware of your impact on the business bottom line.

Speaker 4 You're not just thinking about yourself. So all of those word choices signal those important things.
And so to that, I would say, absolutely. I would love to help you.
Let's get on the same page.

Speaker 4 Great. Okay.
So now I brought my notes. And by the way, I recommend that people do this.
Take notes. Bring out your notes.
Bring out your notes. Make a PowerPoint.
I've had people do this.

Speaker 4 You know, you can laugh about it, be like, I know I'm, you know, overdoing it. I think the PowerPoint is great.
You do PowerPoints for a lot of different projects in your actual job.

Speaker 4 You should do it for yourself. Yeah.
And this is helpful for them, you know, otherwise, I mean, how come people just hear things and know what you're saying? Like, they want to see visuals, right?

Speaker 4 So you might say, you know, I'm prepared. So if you don't mind, I just, I took some notes.
Okay. I love that about you.
So thanks so much again for the opportunity to discuss my offer. Okay.

Speaker 4 So the progress I saw last year.

Speaker 4 And by the way, so the progress I saw last year, and now you're going to interject quantified examples. So give maybe your best example of something you did that there was a great result on.

Speaker 4 I saw a huge increase in whatever. It really encouraged me that I have what it takes to hit it out of the park, especially as it relates to the business bottom line in

Speaker 4 X, Y, and Z ways. Okay, so you'll say things that are about future things you want to do.
So remember, This is an opportunity for growth in more than just money.

Speaker 4 So if there are projects you want to work on moving forward, this is the time to get them excited about you.

Speaker 4 It was a bit tricky to do market research for this role or, you know, this, this opportunity I want to talk to. So I did do some market research, but I'll admit it was a little bit hard to do it.

Speaker 4 I talked to about six people who, you know, explain your method. And it looks like for what I do, the commensurate compensation would be closer to very high number, very high number.

Speaker 4 And I know that you're a company that values pay equity and you personally, like, you care about the employees. You want to make sure, you know,

Speaker 4 we're here as long as possible, right? Because it's expensive to lose talent. So that's my commentation.
Curious, what do you think are my next steps? How can we approach this?

Speaker 4 What can we figure out together? So it sounds like you're asking for a raise. Is that right, Claire? What are you thinking? Yeah.
Well, that number that I said.

Speaker 4 By the way, I call it the FU number, you know, the FU number, that number, that to me is what made the most sense for the work I've done, the impact I've had, and what, you know, is in the market.

Speaker 4 Obviously, if you have budgetary constraints, I mean, tell me. Like, I want to make this work.
Yeah, I think that number is really high. I'm going to have to ask

Speaker 4 X, Y, Z people about it.

Speaker 4 How can I help you help me?

Speaker 4 Like, what would be, based off of who you're talking to and how they make their decisions, what do you think would not only get them to say yes, but actually be excited about this?

Speaker 4 Well, we've had, you know, hard times and we've even had to lay people off. And,

Speaker 4 you know, just the general economy is not great right now. So it's going to be a general hard sell.
I think that management just wants to buckle down and get through this hard time. Yeah.

Speaker 4 No, I totally understand. It values you so much.
Oh, that means a lot. That's the work that you do.
And I want to stay. I listen, I don't want to leave.
Well, veiled threat over there, right?

Speaker 4 That's my commentation. And I listen, I don't want to leave.
I want to make this work. I like really believe in this company.
But, you know, let's talk about if the company's not doing well,

Speaker 4 where are areas that we can see the light at the end of the tunnel?

Speaker 4 Like if we were to invest some more effort, you know, I just, I want to make this company do better, not just for me, but for all of us.

Speaker 4 So whether or not, you know, you, you have any insight in it, or maybe this is a conversation with somebody else, where does it seem like we are doing a little bit better?

Speaker 4 And is there any timeline or what are we looking at to indicate that this investment that we're making in this area of the business is going to pay off, literally?

Speaker 4 These are really great questions, probably above my pay grade, but

Speaker 4 I will investigate.

Speaker 4 Is that the presentation that you brought? Well, actually, I do have some more case studies that I put together.

Speaker 4 Very specifically, like, here's my work and quantified impact and also some testimonials.

Speaker 4 So my commentation here is go and take screenshots if possible, or at least copy and paste. beautiful feedback you've inevitably gotten.

Speaker 4 Like whether it was from clients, teammates, managers, like, don't just take it from me. You know, so-and-so said this thing.

Speaker 4 Again, the analogy of you are pitching your business for investment, you would have product reviews, ostensibly, right? Use the same thing, use the same thing. But always going back to

Speaker 4 what do you think I should know to make this as easy of a yes as possible? And if it's not a yes for this number,

Speaker 4 let's talk about full comp. So maybe at this point, you could even open it up to, you know, asking for their guidance on other things.

Speaker 4 Right. But it sounded like in this exchange, the next step would be the HR person would go and make that case.

Speaker 4 I mean, you could say, would this PowerPoint be, you know, do you want to present it to them? Maybe I could present it to them. Yeah, why don't you email it to me? Okay, great.

Speaker 4 I would always say, see if you could be the one to present it, if possible, because that's FaceTime. with somebody influential that you're going to get.

Speaker 4 Again, this is an opportunity to look really good. You may still get a no, but they are going to be thinking to themselves, that's a go-getter.

Speaker 4 That's a go-getter because they really thought about business bottom line.

Speaker 4 I think this is why, not to say that like business owners who fail should go and get another job and they'd be great at it, but like they kind of would be great because they have so much empathy on what it takes to run a business and that every

Speaker 4 quote argument they make, it's always about how is this whatever it is, time investment going to pay off and what are the reverberations with other people in this company you know what i do impacts this other team etc i think thinking of yourself as an entrepreneur is the key to making a very compelling negotiation yeah putting yourself in the shoes of what they're dealing with like making money if you if you show me that you're making me more money then I will give you more money.

Speaker 4 Listen, my mom ran a nonprofit for many years and she said, you know, people will come to her and ask for raises that she couldn't give, but she would give them to some people who talked about how they were going to help fundraise or, you know, they had an idea for the development department and again i don't advocate for people to add extra things to their plate necessarily but if that's the way the company needs to make more money it might not be your department but do you want that raise or not yeah also by the way getting more insight into how other departments work might allow you to say i actually want to move into that department or now i'm you know even more valuable person here or for another job

Speaker 4 You've hired people. Have people used these tactics? Yeah, that's me.

Speaker 4 I don't have any employees. I literally cannot afford anybody because I'm ladies get paid and I would have to pay them a top freaking dollar and I'm not making enough.

Speaker 4 So, and the other crappy thing about what I do is I have so many women saying I'd like to volunteer. I'm like, oh, but I can't do that.
But here's what I've learned, value exchange.

Speaker 4 And it's a real thing, though. You have to obviously think for yourself, okay, I might not be getting paid, but is this thing that they're giving me a barter? Actually, a barter, right?

Speaker 4 So if the person's like, I'm trying to pivot into a new industry, listen, I still say no to everybody because I'm just too nervous.

Speaker 4 I, I don't know, I feel like I have to be held to a really high standard here. And there's been lots of other women's organizations that have like gone down in flames.

Speaker 4 Every day, I'm like, am I going to be canceled? And then I think, no, because I literally don't let anybody work for free and I don't have anybody who works for me at all.

Speaker 4 I don't have the budget or the bandwidth to be the wonderful employer that I think people should have,

Speaker 4 which keeps me small. And that's unfortunate too, but so mighty.

Speaker 1 Hold on to your wallets.

Speaker 4 Money rehab will be right back.

Speaker 1 And now for some more Money Rehab.

Speaker 4 How did you start Ladies Get Paid? Ooh, I mean, Ladies Get Paid, it started with a sexist experience. I was at this conference with my coworkers and a man asked me whose wife I was.

Speaker 4 And certainly not his. I was there for work.
And for whatever reason, that sexist comment unlocked everything for me. It's not like I hadn't experienced stuff like this before.

Speaker 4 I think I just had, you know, brushed it under the rug.

Speaker 4 I saw the rest of that conference through a entirely different lens, noticing how I was frequently in a group and a man would not look at me or shake my hand and would speak to the men.

Speaker 4 And I remember going into the women's restroom and seeing all these women trading business cards and like lipstick and makeup tips. And it was like that's where the women were doing business.

Speaker 4 I have goosebumps to this day because it was the first time in my life that I experienced the power of what it can be like when you are around supportive women. This was probably

Speaker 4 10 years ago at this point.

Speaker 4 I googled women and the wage gap and I was blown away by what I found. That was the beginning of, you know, the rest is history, but it was sort of my little awakening, my aha moment.

Speaker 4 For whatever reason, it was that sexist comment. So thank you to that man.
Yeah, thank you, sir.

Speaker 4 Wherever you are. But it sounds like that was just the catalyst for something that had been brewing for a really long time.
Oh, yeah.

Speaker 4 Again, I had had all of these other kinds of sexist experiences, but that I had never allowed myself to say that is wrong. For whatever reason, I just wanted to keep moving fast.

Speaker 4 Well, all right, well, screw that guy. Let me let me find a different person or, you know, or I would internalize it.

Speaker 4 You know, it must have been because my dress was too short or I was too, you know, friendly. I mean, I'd even been told that by one guy was, well, why did you give me your business card?

Speaker 4 You know, if you didn't want to be kissed. And I'm glad that I took a moment to say, hold on, what is happening here? And is it happening to other people?

Speaker 4 And most importantly, what can we do about this? And where do we start? Where do we start? Where do we start?

Speaker 4 I mean, when you were in the the bathroom trading lipstick and business cards, did you talk about how much you guys got paid for this conversation? Oh, no, no, no. Didn't get paid? No, I was a baby.

Speaker 4 I was, this was just me being struck by the energy of all of these women. I think it was after I went home and I googled women in the workplace and the wage gap.

Speaker 4 And I went down this sort of research rabbit hole.

Speaker 4 And I started to talk to a friend of mine who was a freelance art director, very talented, who admitted to me that she was not charging as much as her male counterparts.

Speaker 4 So for her wage gap, it was self-inflicted.

Speaker 4 And she didn't know how much to be paid. So there was a lack of information.
But this is the part I found most interesting. Why did she default to the lower amount?

Speaker 4 Because she knew that it was less. She was aware, but she didn't know how to bring herself to ask for more.
That was the real aha moment of what is the first step to closing inequities in our life.

Speaker 4 Let's talk about it. And specifically money, because that's the vehicle to power.
And it's also so much more than just money. I mean, it's, you know, I mean, literally, it's everything.

Speaker 4 It's just a portal. I mean, yes, it's a tool, but also money has a lot of trauma and energy with it.
Did you grow up in a scarcity or abundance mindset? Like, where did this?

Speaker 4 I grew up in an avoidance. An avoidance mindset.
Oh, yeah, we never talked about money.

Speaker 4 But I have an interesting memory that I wrote about when I went and I got a master's certificate in behavioral finance and financial psychology. And this memory was the first time I was ever paid.

Speaker 4 It was $20.

Speaker 4 And I was thinking about all the things I was going to buy. And we were walking down the street.
This was in New York. And

Speaker 4 I was probably six.

Speaker 4 Yeah, I was six years old. I had gotten paid $20.
And so I was walking down the street and it was, you know, 94, 1994, I think. And there was a lot of homelessness in New York at that time.

Speaker 4 And I, you know, really wanted to buy something for myself. But then I saw a person on the street, this woman, and I felt this urge to, like, I want to give my money away, which sounds really lovely.

Speaker 4 But when you dig in deeper, if you get a master's certificate in financial psychology and your professor tells you this,

Speaker 4 this desire to just say, I don't want it, get rid of it. Or to help other people first, like put yourself in the middle of the mass.

Speaker 4 Yeah, yeah. And I kind of wish my mom had said, that's so noble.

Speaker 4 Yes, we should donate, but let's take a percentage and save it, percentage and spend it, you know, sort of use it as a share. Exactly.

Speaker 4 Use it as a teachable moment for how to build a healthy relationship with money. But, you know, I don't mean to blame her, but it was, okay, we'll give it away.

Speaker 4 So I sort of love that story, but also I'm kind of sad by it because I've held on to that today, this sort of martyrdom of I want to obviously make money, but I frequently want to give it away too.

Speaker 4 And I have a hard time balancing the two. Well, I think a lot of women feel that way.
Oh, sure. Oh, yeah.
Guilt. Guilt that more for me means less for you.

Speaker 4 Like this general scarcity mindset might come from the avoidant mindset more so than an abundance mindset because you're just not talking about it at all.

Speaker 4 And so, you know, I think women default to this idea that it's worse than it is or there's not going to be enough. Again, if money is power, you can wield it.

Speaker 4 So it's it's just another example of diminishing yourself, give it away. I have less than, I have less than, or a lack of worthiness, right?

Speaker 4 If I don't deserve to take up more space, you know, it's deep.

Speaker 4 You know, I always say it's like join ladies, get paid, or, you know, listen to your podcast, but also get a therapist, because you start to unravel this stuff and you realize it's so much bigger than just what's in your bank account.

Speaker 4 Truth, sister, it is. It really comes from these memories that either we've suppressed or we haven't thought about or connected those dots.

Speaker 4 You know, I remember when I had this aha moment that I used to have to turn off the lights when I left a room to save money on power or like only flush the toilet when it was number two to save money on utilities growing up.

Speaker 4 And then I remember noticing as an adult that I would leave all the lights on. Oh,

Speaker 4 as like an act of rebellion. Yes.
And my partner was like, like, can we turn off the lights? Like, what's the story? And it dawned on me that I was like, no,

Speaker 4 I can now afford as much electricity as I want. And so I'm going to leave all the lights on.
Yeah.

Speaker 4 And I, you know, you could say I was being careless or something like that, or you could sort of peel back the onion and say, this came from this really deep, crazy place that I never explored or connected with.

Speaker 4 Something that was helpful for me in unpeeling my own layers was to also start to peel back the layers of my family.

Speaker 4 Sometimes we know the trauma or the baggage that our family has gone through, but sometimes we don't, but we can imagine.

Speaker 4 So an exercise that has been helpful is thinking about, well, what was my mother's relationship with money growing up in her family?

Speaker 4 Or let's take the word money out of it and say, how about just space, her ability to show up as her full self, you know, in her family? Then we jump to her mother, right?

Speaker 4 So my grandmother, what about her relationship with money or her ability to take up space, right? All through the generations.

Speaker 4 And then I find myself feeling lighter, actually, because it's not my fault, you know, it's not my fault. And also, I want to do better, you know, for my kids.

Speaker 4 And, you know, I feel proud that I'm making a difference in my own behavior, but knowing that it doesn't happen by, you know, one day you wake up and everything's fine.

Speaker 4 It's the work that you're putting in, right? That's what counts. It's the books you read, the podcasts you listen to.
It's the desire to change. Like that counts.

Speaker 4 I think too many women think until I am fixed, then I will be happy. No, it is lifelong.

Speaker 4 You will probably always have a relationship with turning on or off the lights, but hopefully now it can be, you know, sort of funny. You go, oh, well, that's my thing.
Totally. Totally.

Speaker 4 And it's, you know, it's constant work and practice. Like, you know, you don't go to the gym, get ripped, and then never go to the gym again.

Speaker 4 Only a lifetime of good habits will counteract that lifetime of bad habits that I had that I didn't know.

Speaker 4 Or we just watched what we were shown by our parents or they watched what they were shown by their parents and this generational trauma is super real for money.

Speaker 4 So I'm glad that you're connecting those dots. Thank you.
Also, I think a lot of people get frustrated because they say, well, I intellectually know better, but I'm not doing better.

Speaker 4 It's almost more frustrating when you can see you're aware, but you don't know how to make the change. It's like ignorance is bliss, exists as a cliche for a reason.

Speaker 4 Just know, start with the triggers, like just what happens to trigger that behavior and really focus on being kinder to yourself in that moment and taking a pause.

Speaker 4 Over time, that's the muscle that you build.

Speaker 4 So that's always my first step that I give people because I have a lot of folks come to me and go, oh, but I have the awareness, and it's almost like more excruciating now. Yeah.

Speaker 4 Damn, behavioral finance masters for the win. You're such a delight and so smart.
I know your stuff, and I love your mission. You're also helping us here at Money Rehab.
Yay! I'm so excited.

Speaker 4 I'm so excited. I'm going to be passing the mic to very, very good, capable, small but mighty hands.
Yes. Yay.
I know.

Speaker 4 I was like, I think I know when you're going to have your baby because that's what I'm filling in, which again is so smart. See, this was a solution.

Speaker 4 You think to yourself, oh, I can't do my job or I have to take time off, but I bet some amazing things are going to come out of all of these guest hosts.

Speaker 4 We're all going to, you know, cross-pollinate audiences and get to experiment.

Speaker 4 And so it really illustrates the point that when something is difficult, there is absolutely a way to make a really exciting thing come out of it. What are you excited about bringing to the audience?

Speaker 4 I've just launched a new program. I coach women through all kinds of challenges at work.

Speaker 4 But a lot of times the barriers that they're facing, it's really their internalized patriarchy, for lack of a better word, right? You can't ask for more money if you don't believe you're worthy of it.

Speaker 4 I mean, you can, but are you going to stand your ground? Are you going to be the most compelling version of yourself?

Speaker 4 So I'm starting to work with women in a very structured structured way to just quiet the inner critic, have accountability to doing that, and really experiment with different techniques and, you know, to come up with a practice for yourself that makes it so that when you are having a struggle, whether it's with money, your job, or whatever, you're like always able to come back to yourself.

Speaker 4 I think that's the key to unlocking whatever you want in your life. It's the foundation of the house.
kind of jump to like the house part, which was let's get more money, but hold on.

Speaker 4 Let's make sure you feel okay first. So I'm really excited about that.
And then my podcast, Ladies Get Paid, which is my, as I joke, wannabe Esther Perel.

Speaker 4 I coach women who are really brave. They're off camera and we change their names, but they go deep.
Like two minutes in, they're crying. Damn.
Yeah, that's my,

Speaker 4 I like when that happens.

Speaker 4 Because we don't have time to not be real.

Speaker 4 I know I'm very about this. Listen, Oprah, I'm sure, is saying the same thing.
Like, it is a success if the person is crying. Because,

Speaker 4 like,

Speaker 4 everybody emails me the same email after they come to my event or listen to my stuff. I thought I was the only one.

Speaker 4 I'm like, there have been three million messages exchanged in my Slack group that I can see you're not the only one.

Speaker 4 So, if we can just get people to be very transparent about the thing they're struggling with, that almost is the first step to like,

Speaker 4 I don't have shame about this. All right, we can figure it out.
And one of the first steps is I call it the mean girl inside your head, like to take a seat. Yeah.
I say thought monster. Yeah.

Speaker 4 She's so mean to me sometimes. You got to love the shit out of her.

Speaker 4 I don't know if I'm allowed to curse, but that's actually the key is you have to have an awesome relationship with the mean, the mean ones versus fighting them because they'll win. In your head? Yeah.

Speaker 4 They're just trying to help you out, but they didn't know how to do it because they formed at a young age. So you go, I'm really curious to learn about you and I want to thank you.

Speaker 4 Yeah, it has to all be about compassion and curiosity. It doesn't mean you have to like the behavior, you know, but you have to love the child inside that's doing that to you.

Speaker 4 I mean, they're throwing a tantrum. Now that I have kids, I see lots of analogies there.
As I pass the torch to you,

Speaker 4 what is one tip that listeners can take straight to the bank? You gave us so many already. Yeah, yeah.
I think one tip to take away to the bank is if you don't ask 100% guaranteed that you won't get.

Speaker 4 You literally have nothing to lose to ask except for a lot of money. I should mention people will go, will they lose the opportunity? It rarely happens.
And do you want to work there anyway?

Speaker 4 Which is a privileged response on my part. This is why always have a safety net, whether it's savings, side hustles, networking, other offers.
Be prepared to walk away.

Speaker 4 I mean, those make the strongest negotiators the ones who can say no. It's so scary, though.
It is scary. But again, how do we grow if not by doing the scary things?

Speaker 4 I mean, to me, it's unfortunate, but it's always through the suffering that we gain the most wisdom. And it's always through the hard stuff that we're like, I actually feel really proud of myself.

Speaker 4 This is an opportunity to feel really good. I keep saying that, but I've seen it over and over again.
It's not a think-positive, silver-lining bullshit.

Speaker 4 Like, I have genuinely seen women and also feedback from male bosses going, this person is dynamic. They came in and they did it this way.

Speaker 4 Like,

Speaker 4 you look good doing that. But again, practice, you have to practice it because it won't necessarily be natural to you.

Speaker 4 Making money looks good on you.

Speaker 4 Do we have a shirt for that?

Speaker 1 Money Rehab is a production of Money News Network. I'm your host, Nicole Lappin.
Money Rehab's executive producer is Morgan Lavoie. Our researcher is Emily Holmes.

Speaker 5 Do you need some money rehab?

Speaker 1 And let's be honest, we all do.

Speaker 1 So email us your money questions, moneyrehab at moneynewsnetwork.com, to potentially have your questions answered on the show or even have a one-on-one intervention with me.

Speaker 1 And follow us on Instagram at MoneyNews and TikTok at Money News Network for exclusive video content. And lastly, thank you.
No, seriously, thank you.

Speaker 1 Thank you for listening and for investing in yourself, which is the most important investment you can make.