When you work hard and get a promotion, it's an awesome feeling. However, this moment is also an excellent time to make some financial changes that can help you better plan for your future. Learn some immediate steps you should take when you get your next promotion.
Calculate Your Tax Penalties
Make sure you don't make any plans with your new income until you calculate your tax penalty. So often, people get hung up on the raised figure without first thinking about how much they will actually bring home.