How To Research Job Salaries Before Taking Loans

Hey, imagine this scene You need to take a big loan for education or maybe for a bike. But you don’t know how much money you will get from the job If the salary is less and the EMI is more. then you will get worried That’s why it is super important to check the salary of the job first,

I will tell you how to research the salary how to ask politely and how to plan a loan, By learning all this you can make your financial future secure. Ready Come let’s see how to do all this in very simple steps.

Why Knowing Your Salary Is A Game Changer When It Comes To Taking A Loan?

It is important to have an idea of salary before taking a loan because if you take a lot of loan and get less money in your job. then how will you pay the EMI See an example if you take an education loan of Rs. 10 lakh and think that you will get 50K/month in your job but get only 25K.

Then there will be a problem Through salary research, you can do realistic planning how much loan to take how much EMI you can afford. By working a little hard and checking your salary, you will avoid a lot of stress in the future What do you say.

How to Analyze Salaries for Your Dream Job

How to check salary It’s simple friend Go to online tools like Glassdoor, PayScale or LinkedIn Salary. Enter your job role city and experience level and you will see the average salary. Also check postings on job sites like Indeed or Naukri many times the salary range is written there, And one more

Pro Tip: talk to seniors in your field on LinkedIn message them and ask what is the starting salary in this field, A little research will give you a clear idea of how much money your job will pay you With this. you can make a budget for a loan Which tool will you try first.

How To Politely Ask For Salary Range Before Applying

Asking for salary before applying for a job may seem a little awkward but it’s a smart move, If the money for the job doesn’t suit you why waste time Write a polite message Hi, I’m interested in the Job Title role,

Can you share the salary range for this position, It will be helpful for my planning This will make you look professional and also give you an idea of salary, This step before taking a loan can save you from a wrong job Will you try this trick.

How To Politely Ask For Salary Range Before Interview

Interviewed but don’t know the salary! No problems! Just send a polite email or message. Hi Name, I am excited for the Job Title role. Can you advise the salary range of this position, so I may align my expectations.

Before sending this email, say some good things about the company, makes it look more professional and reinforces that you did not just jump to salary first. This step validates whether the job is worth repaying your loan Have you ever tried an email like this? How do you feel about it.

How To Ask For Salary Politely In A Message

Asking for salary in a message is a little tricky but absolutely possible Write a short and sweet message. Hello I’d like to discuss the role for Job Title, Can you share the salary range I’m super interested and this would be helpful for my planning.

Always show a little excitement for the job so that the recruiter will think you’re serious, This will give you an idea of salary and you can decide based on the loan. Do you find it easier to send such messages on WhatsApp or is email better.

How To Ask For Salary If It Is Delayed

Suppose you joined the job and your salary did not come on time now what, Don’t get tensed ask politely Hi [HR/Boss’s name] I noticed that my salary has not been credited yet.

Can you please confirm when it will come, It is better to write in an email as there will be proof If there is a delay talk to HR. This step is important because loan EMIs have to be paid so salary should be received on time Have you ever faced such a scene.

How To Combine Salary Research With Loan Planning

Now that you have an idea of your salary how should you plan for the loan, First keep 30-40% of your salary for EMI rest is needed for rent. food and savings Example: if you get 30K/month, then do not keep EMI more than 10-12K.

Try online EMI calculator and choose the loan tenure which fits with your salary. You can also speak to a financial advisor, This will save you from over-borrowing and you can live a chill life Any idea of how much EMI you can afford.

Conclusion

Researching salary is not rocket science With a little hard work you can find out how much money your job will pay you, and plan your loan accordingly. Use online tools ask recruiters politely, and set EMIs according to your salary.

By doing all this you can make your financial future secure Start right now go to Glassdoor or PayScale and check What is your plan Tell me in the comments.