She turned her finances around by focusing on increasing her income, rather than saving.Tiffany Aliche was one of theThe school where she was teaching lost funding and was forced to close, leaving her unemployed and unsure of how she was going to make her monthly mortgage payments.as a result of a scam," Aliche, who was in her late 20s at the time, told Insider."I just was drowning.
Aliche recognizes that"having a business is not for everybody." You don't necessarily have to found a company like she did to build wealth. If you work a 9-to-5 job, start there, encouraged Aliche. Can you ask for a raise? If your job is commission-based, can you put in a little more time orKeep track of all of your work accomplishments so when it comes time to negotiate a raise, you can point to exactly what you've contributed to the company. As a business owner who manages employees, Aliche says that this strategy would work on her:"If an employee came to me and said, 'My efforts last year made us $250,000.
Of course,"sometimes companies really just can't afford to give raises," she added. If that's the case for you,"then you might want to consider, do I work someplace else that can pay me more?" If you have some extra time on your hands, think about ways to earn outside of your day job.