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Want to make more money? 4 easy tips

This article from US News and World Report highlights some interesting salary related studies. Following this advice, here is a quick guide to an instant raise:

1. Drink More

A report from the Reason Foundation found that while male and female drinkers make more than nondrinkers, men who hit the bar at least once a month—thereby satisfying the definition of social drinkers—seem to make even more.

2. Get Hitched

Married men tend to make more than men who have never been married. Researchers at the Federal Reserve of St. Louis found there may be a few reasons for this. For one thing, employers may have a bias in favor of married men because marital status might signify a man’s stability or responsibility.

3. Don’t Be A Woman

Women are generally acknowledged to be underdogs in the compensation world, but a report from American Association of University Women Education Foundation noted that women choose college majors that pay less—majors such as education, psychology, and healthcare. Men choose more lucrative majors, like engineering and mathematics.

4. (If you are a woman) Be A Lesbian

A 2007 study from University of Northern Iowa looked at 2000 census data and found that cohabitating lesbians earn about 10 percent more annually than married women. They also earn more than cohabitating, unmarried, heterosexual women.

The next time I walk into my Boss’ office demanding a raise, I’m going to make sure to highlight the fact that I’m a alcoholic married lesbian. Hopefully they don’t make too much noise when they drive that dump truck full of money over to my house.

Posted on August 18th, 2008
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