Episode 115

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Published on:

11th Sep 2023

These 9 Employee Perks Are Basically Free Money | E115

So far in the Mastering Money at Work Series, we’ve discussed 4 steps to setting up your 401(k), which was episode 113, and last week, Jesse Cramer taught us how to ask for a raise.

These were two topics that I really wanted to cover because I believe they can be huge game changers for your career-earning power and lifetime take-home pay.


This week though, we are going to get a little more…creative and scrappy.


We are talking about employee perks and how these seemingly nonchalant offerings can add up to tens of thousands of dollars.


These fringe benefits that go beyond normal salaries could include awesome perks like snacks, yoga classes, summer Fridays, flexible hours, company time off for volunteering, and unlimited PTO. The list goes on and on.


But today, I’m going to throw at you 9 employee perks that I think you should be aware of they could significantly save or make you money which is of course, what this series is all about.


So if that sounds like something you want to learn about, let’s get into it.


Key Takeaways:

  • 9 money-making or saving employee perks
  • Finding win-win-win situations with employee referral bonuses
  • Cover your education with tuition reimbursement
  • Jumpstart your HSA funds with an employer match
  • Hard work and get recognized through employee achievement awards
  • Make some commission money by referring clients to your company
  • Get your gym membership paid for with a wellness stipend
  • Subsize your transportation costs with commuter benefits
  • Find a great deal through your employee discount catalog
  • Make a bigger impact with employer matching charitable donations


Mentions:

https://www.tsirpodcast.com/113 - 4 Steps to Setting Up Your 401(k) l E113

https://www.tsirpodcast.com/114 - How to Negotiate a Raise l E114 Jesse Cramer


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FI Minded - Financial Independence, Early Retirement & Lifestyle Design
Achieve Financial Independence & Have Fun Doing It
Pursuing financial independence, financial freedom, or early retirement often leads to the same questions: How do I become financially independent? How much should I save? What happens after I reach FI?

FI Minded helps you use money to create more freedom, without turning your entire life into a financial optimization project.

Host Justin Peters explores the decisions behind building a flexible, work-optional life, from reaching financial independence and navigating Coast FI and Slow FI to spending your money, changing careers, stepping away from work, and figuring out what comes after FI.

Each episode combines practical personal finance with conversations about early retirement, lifestyle design, work, spending, healthcare, self-employment, and life after financial independence. The goal isn't simply to reach FI as quickly as possible. It's to make progress toward financial freedom while actually enjoying your life along the way.

On FI Minded, you'll learn how to:
- Reach financial independence without burning out
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- Navigate Coast FI, Slow FI, and other paths to FI
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- Think through the tradeoffs behind major money and lifestyle decisions
- Make progress toward financial independence while actually living your life.

Some of our past guests include Carl Jensen (1500 Days), Jeremy Schneider (Personal Finance Club), Nick Loper (Side Hustle Show), Andrew Giancola (The Personal Finance Podcast), Jordan Grumet (Earn & Invest), Rachael Camp (Work Optional), Jillian Johnsrud (Retire Often), Sean Mullaney (FI Tax Guy), Jill Sirianni (Frugal Friends), Jackie Cummings-Koski (Catching Up to FI), Joel Larsgaard (How to Money), Cody Garrett (Measure Twice), Jesse Cramer (Personal Finance for Long-Term Investors), Jess (The Fioneers), Chris Hutchins (All The Hacks), Diania Merriam (EconoMe), Andy Hill (Marriage Kids Money), Fritz Gilbert (Retirement Manifesto), Maggie Tucker (Inside Out Money), Cody Berman (The Financial Independence Show), Joe Saul-Sehy (Stacking Benjamins), Doug Cunnington (Mile High FI), and and others helping you rethink how to approach financial independence.
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