Negotiation is a skill that involves a lot of confidence and practice. Whether it’s at work, in a friendship, or in a financial matter, the goal is always the same: to reach a solution that benefits both parties. The most common negotiation is in regards to salary, however, there are many other common negotiations you can implement in your life. Negotiating a higher salary or lower monthly rent can save you money while negotiating work from home flexibility or a better job title can make things more convenient or earn you more respect.
If negotiations are so common, why do we feel anxious about approaching them? Only 39% of people will try to negotiate a higher salary. It could be the fear of being told “no” or the mere uncomfortableness of asking. In any situation, you should evaluate the best alternative to a negotiated agreement (BATNA) and determine if the risks outweigh the possible rewards. If the time is right to ask, take the next step to earn what you deserve.
This infographic from Self Lender highlights 11 things you can (and should) negotiate. They include both workplace benefits and monthly expenses to help you ask the right questions and feel confident about what you get in return.
