Readers to the rescue

Get tips from your peers on how to solve your thorniest money challenges.

1 of 8
Asking for more
Asking for more
Catherine Ellinwood, Tucson
Lately my company has shown slight gains in revenue, and we're starting to hire again. I haven't had a raise in three years. When can I ask for one? --S., Littleton, Mass.

Our reader says: Your regular performance review is the time to ask. Be specific about why you deserve one: Have you done the job of others who were laid off? Did you help cut expenses? If you're told now isn't the time to ask for a raise, politely inquire when would be a good time to check back. --Catherine Ellinwood, Tucson

The expert says: New hires signal that finances are loosening up, making this as good a time as any to ask for a raise, says New York City career coach Allan Fried. Coming to the meeting armed with concrete examples of your recent contributions and their impact on the bottom line betters the odds your boss will say yes.

NEXT: Splitting heirs
Last updated June 17 2010: 8:33 AM ET
More Galleries
8 great summer vacation deals Want the perfect summer getaway? MONEY searched for destinations with balmy weather, unique attractions, fun stuff to do, and great deals from four different categories: beach, mountain, culture and city. More
Best ways to catch up on your retirement savings Even the most financially responsible people make a few mistakes or run into obstacles along the way. These tips -- from cutting taxes to selling securities -- can preserve a safe retirement. More
Nearing retirement? Fortify your finances Your financial goals are within reach. Here are tips and tools to make sure you achieve them. More

Special Offer

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.