Thursday, April 10, 2008

Talking About Money

I just started reading Suze Orman's book Women and Money. She raises the issue of talking about money and how people don't consider it a "subject for polite conversation". Her point is that this is wrong and we as a society, and especially "we" as women, need to discuss money and not be afraid of it. This is rather timely as I am trying to figure out my salary requirements.

I don't know how to find out if my desired salary is "reasonable". I know that it will barely cover the expenses if my husband were to stay home and pursue his furniture making interest, but the number seems so high. Then again, when I gave my current employer my salary she said, "That seems low." My big fear is that I'll lose a job offer because I've asked for too much. Is that a crazy thought? I shouldn't be afraid to ask for what I need, right? And, I should believe that I'm worth that much!

I'm thinking of asking a couple of former co-workers and a former manager for suggested salary ranges. It's a little scary for me to do this. Employers have always said not to discuss salary, and I listened. Now I'm on my own island with no point of reference!

Suze is definitely onto something with the "conspiracy of silence" when it comes to discussing money matters. I think I'll take a deep breath and ask my contacts through email. It's not as big a step as calling on the phone, but it's a start.

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