Ramit Sethi explains why comfortable earners often underestimate how underpaid they are. Many states now require salary ranges, making it easier to spot the gap between what you make and what the market pays. Close that gap through negotiation or a new job, then use the extra money to invest and buy the freedom to say yes to things most people can't afford.
I have found that when people make it to a certain level, they often start to unconsciously coast. They basically say like, well, I'm making more money than I ever thought I would. I'm good. I'm just going to keep doing what I'm doing. What they don't realize is that they might actually be underpaid for what they do. And or if you want to get promoted, what got you here won't get you there. A lot of states now require employers to post their salary ranges on their job listings. So you want to evaluate, are you being underpaid for what you do? Now take it and use it to strategically increase your income even more. This is all extra money you can put towards investing or living your rich life. Remember, earning more doesn't just grow your net worth. It buys you the freedom to say yes to things that a lot of people can't even fathom. So once you start earning more, you need to know what to do with it, what to invest in, and what to enjoy now as part of your rich life.
