Welcome to the “Ask Your Questions” section of TakeSalary.com

Your dedicated space for seeking guidance on your career and financial queries. Whether you’re navigating a new job offer, planning your financial future, or looking for insights into the ever-evolving job market, we’re here to help.

Our team of experts is eager to share their knowledge and provide you with tailored advice to assist in your professional and financial journey. Remember, no question is too big or too small – if it matters to you, it matters to us. So go ahead, ask away, and let’s pave the path to your success together.

Here at TakeSalary.com, we’re not just a website; we’re your partner in achieving your career and financial goals.

Ask Questions


How do I budget with my salary?

The 50/30/20 rule is a popular method: 50% of your income for needs, 30% for wants, and 20% for savings and debt repayment. However, personal circumstances can require adjustments to this formula​​.

What are the advantages and disadvantages of Hourly vs. Salary Employment?

Salaried employees have a steady income and typically receive benefits like vacation and insurance, but may not get paid for overtime. Hourly employees might have more control over their schedules and can earn overtime, but may lack paid sick days and have less predictable income​​.

What Is the Biggest Challenge in Freelancing?

The biggest challenge, especially for newcomers, is finding good clients. Building a strong online presence and personal branding are key to attracting clients.

Do Freelancers Have to Pay Taxes?

Yes, freelancers must declare their income and pay taxes. It’s advisable to set aside a suitable sum every month for taxes and consider hiring a tax consultant for guidance.

Is There a Demand for Freelance Services?

Yes, demand for freelance services often increases during economic uncertainties. The popularity of specific services can vary, but less competition in certain niches can be beneficial.

When should I ask for a pay raise?

Consider asking for a raise when you’ve exceeded expectations, taken on more responsibilities, or made a significant impact on the company’s revenue​​.