Earn more and spend less

Here are some suggestions:

1. If you are working for someone, don't assume the pay has to remain low. Do your homework before accepting low pay for a dream job.

2. Ask for a raise after proving your worth over time, or ask about what additional training you could do to increase your worth.

3. Keep yourself multi-skilled even while keeping your eye on climbing one particular ladder. It can take some time to learn that a job shouldn't define who you are.

4. Be sure you want to follow the dream job path. It is one thing to say that you don't mind low pay for a dream job and quite another to find yourself resenting the low pay while your friends seem to be able to afford everything.

5. Your success in turning your passion into a source of income may depend on your ability to approach it as a business.

6. Even though you may love what you are doing, don't let it eat into all your spare time. As Tim Ferriss explores in The 4-Hour Work Week, make smart choices about where to invest your time and energy. This means looking inside yourself, not at what others are doing.

Also read the article survive your dream job.

Taken from: News Straits Times - 27 August 2012 (article), Google (images).