Last week, personal finance site Financial Samurai posted a blog that went viral: Scraping By On $500,000 A Year: Why It's So Hard For High Income Earners To Escape The Rat Race. If $500,000 is "scraping by", it's time for some serious financial literacy.
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Ideally, we'd all earn what we deserve and our employers would give us raises according to our skill level, experience, and professional value -- we'd never even have to ask. Of course, reality doesn't usually work out that way. As author Chester Karrass has said: "You don't get what you deserve. You get what you negotiate."