No Images? Click here On election night in November 2016, as it became clear our next president would be a man with no government experience, a history of bankruptcies, and a clear lack of regard for working women, I was consumed by one panicked thought: “I need to immediately move in with my brother and stockpile as much savings as I possibly can,” I told myself as I imagined a future of economic entropy and upheaval, not to mention other bad things.I didn’t actually do that, and I’m sure my brother’s wife is grateful. But since so much of a secure future rides on good governance and market oversight, I wasn’t alone in immediately thinking about money: Some 46 percent of women said the 2016 election made them think more about finances. But here’s the sad kicker: Only 17 percent of women said their financial advisor’s advice helps them feel in charge of their future.We’re going to help this week by giving you the tools you need to get a raise, sharing advice about declining one, saving you money-pit mistakes, and providing some practical tips for choosing a college your child can finish in four years. But I’d love to hear what other questions you have. Let me know at janie.campbell@huffpost.com, and we’ll have experts weigh in to help.Xx JanieTake back your lifeMany of us —especially those of us who are women — aren’t confident enough in asking for raises. We often don’t. Yet roughly 75 percent of women who asked for a raise in 2015 got one, according to a survey of career-conscious women cited by Sallie Krawcheck, CEO of Ellevest, a digital investing platform for women.“Seventy-five percent got a raise, and zero [askers received a pay] decrease. So the lesson here is ask,” Krawcheck said. “The truth is, no one’s ever gonna care as much about your career as you will, so advocating for yourself is non-negotiable.”Thankfully, Krawcheck has oodles of practical advice to make sure your ask goes well — and shares what you should do if doesn’t. Watch her break it down into easy steps in an empowering new video from MAKERS Money, then go seize more control over your salary.Deal with itThe Instant Pot is all the rage. If you have one, our Food & Drink editor Kristen recommends Melissa Clark’s cookbook Dinner in an Instant. But if you're feeling cheap and you have Amazon Prime, have I got the best reminder ever: There are dozens and dozens of Instant Pot cookbooks you can read for free with Prime Reading. All you have to do is download the free Kindle app for your phone or home computer, pick the ones you want, and go. Never forget that your Prime membership comes with perks beyond free two-day shipping!Pro Tip:
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Tuesday, February 20, 2018
Why women shouldn’t hesitate to ask for a raise
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