Earning a good income is one of the best ways to set yourself up for financial success. After all, the more money you make, the easier it will be to invest in a brokerage account, grow your bank account balance, and cover your spending without worrying about debt.

Unfortunately, many people don't take a crucial step necessary to earn the highest salary possible: negotiating a raise. One survey by Salary.com revealed just 37% of people always negotiate their pay when getting hired and revealed that only 44% of people have ever asked for a raise during their periodic performance reviews at work. READ MORE