Sure, you like your job, but it’s also nice to be paid what you’re worth. Enjoying your job won’t pay the bills. If you feel like you’re underpaid, you’re not alone. Roughly 2 in 5 employees feel they aren’t receiving a fair salary at their jobs, according to a Glassdoor survey. But how do you know you’re not getting paid enough? Let’s look at six telltale signs to pay attention to.
1. You can’t pay your bills on time and in full
Does it seem like there’s never enough cash to pay all of your bills? If it feels like there’s always more month than money, you’ve got a problem — and you might be underpaid. Not being able to pay your bills in full and on time is usually one of the first signs you’re not being paid enough.
Joan Concilio, community manager for personal finance blog Man vs. Debt, said if you’re in a situation where you can’t keep up with the bills, you’ll need to stop unnecessary spending immediately. Here’s her advice:
If you’re not making ends meet now, you need to put a freeze on any new expenses. Period. This is often the hardest part. In our lives right now, that means that even though our car is basically 110% of the way to deceased, we cannot take on a car payment. When my now-13-year-old daughter was first born, my financial status was more dire, and something like a new pair of shoes for her or for me would have meant the electric bill did not get paid. I have lived in the world of cardboard-in shoes, and while I don’t prefer to go back, sometimes you just have to put your foot down.