Money Study Group | UH Personal Finance

Bargaining and Negotiating

Whether you love it or hate it, bargaining is one of the skillsets that can move the needle in your financial life in more ways than you may have ever thought about. Learn how to bargain and negotiate - anything.

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Bargaining and Negotiating Assignment

 

Based on what you learned this week about bargaining — and negotiation skills — tell me your story:

Bargaining and Negotiating Resources

  • Spend 30 minutes or so and Do your own research

  • Share 2 YouTube Video Links and 2 articles you found helpful

    • Briefly Summarize each video and each article

    • Tell me why you chose these resources to include in this assignment

  • Tell me what you learned from Ramit Sethi about Salary Negotiation and why it matters

List and Summarize Your Top 7 Bargaining Tips, Skills, Ideas

Share what you learned this week. I’m especially interested in knowing how you will put these tips, tools, skills, and ideas into practice in your own life based on the big idea of this week’s lesson.

Who do you know Who is a Master Negotiator?

Why? What makes them good at bargaining and/or negotiating?

Tell Me More

  • If you love to bargain and negotiate

  • If you hate to bargain and negotiate

  • If it feels like a fun game for you

  • If feels awkward and painful

About Your Expericene

  • What have you “negotiated” lately?

  • And, what was that like for you?

  • What did you learn in the process?

  • Will you be negotiating more in the future?

  • Make a list of 10 things you plan to negotiate in the future:

    • In the next 24 hours…

    • In the next week…

    • In the next month…

    • In the next year…

Your Article should be about 800 — 1000 words (50 points).

As always, please format your article with a title, an introduction, and feel free to use images if you like. Upload either a Word or PDF file to BB.

7 Rules, Boundaries, and Opportunities to Negotiate Anything

    • Negotiate Anything and Everything

    • Exercise Your Walk-Away-Muscle

    • Practice the Daily Discipline of Patience

    • Comparison Shopping Builds 3 Kinds of Muscle

    • Cash is King in Bargaining

    • Silence is Golden so Shut Up

    • Timing. Timing. Timing is Everything!

## Ramit Sethi Video

Ramit-Sethi-1

Watch Ramit and Justin in this mock interview and tell me what you learned about how to negotiate your salary:

 

 

For more information, check out my PROVEN program that walks you through the entire salary negotiation process – step-by-step and word-by-word – so you can boost your salary by thousands of dollars: https://go.iwillteachyoutoberich.com/

This video is an excerpt of a full interview I made with my friend Justin, who is a master at negotiation. In 5 minutes, we show you how to negotiate a salary offer for 5K, 8K, 10K or more. It’s a SERIOUS piece, and it has SERIOUS results.

Subscribe to Ramit’s Youtube channel for more: http://bit.ly/1Kv3gqB

0:28 How to politely respond to a low salary offer 2:52 Negotiating beyond the salary 5:05 How to prepare for negotiation 7:37 How to take the awkwardness out of negotiation 11:44 How to respond if you’re not getting anywhere in the negotiation 12:23 What to say if you have other offers

Check out Ramit’s Salary Negotiation playlist: http://tinyurl.com/salary-negotiation

Subscribe to Ramit’s newsletter: http://ow.ly/g6VT50JziOL Get Ramit’s free how to automate your money quick-start guide: http://ow.ly/pqv850JzjnI Download Ramit’s free conscious spending plan template: http://ow.ly/BAge50Jzjsc

Submit One PDF File in BB and be sure to Include a Screenshot of Week 7 Quiz — Bargaining

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Investment Advice and Financial Planning are offered through BayRock Financial, L.L.C., a Registered Investment Advisor. BayRock does not provide tax or legal advice. The information presented here is not specific to any individual’s personal financial circumstances. To the extent that this material concerns tax matters or legal issues, it is not intended to be used, and cannot be used, by any investor or taxpayer for the purpose of avoiding penalties that may be imposed by law. Each investor should seek independent advice from a tax professional based on his or her individual circumstances. All content from MissionalMoney.com and SaltyAdvisors.com is provided for general information and educational purposes only. This content is based on publicly available information from sources believed to be reliable. Neither Missional Money nor BayRock Financial, L.L.C. can assure the accuracy or completeness of these materials and this information can change at any time and without notice. Use this material only as general guide to further discussion with your Certified Financial Planner™ professional and/or other Financial Advisor(s).

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