Career advancement is the process of moving up in your career. Typically, this is defined by taking on more responsibility and earning a higher salary in your chosen field. 

You can advance your career by earning a promotion, or even taking up leadership responsibilities in your existing team. You might go from a specialist to a manager or leader, or manager to a director, for instance. 

However, not all promotions come with job title changes. For example, a manager role with a smaller company may mean something else entirely with a larger company.

Increased responsibilities may not sound appealing, but earning a higher income can vastly raise your ability to achieve a FIRE lifestyle, and sooner. 

It can be a challenging process to advance your career, but it can also be very rewarding. There are many reasons why career advancement is important, including:

Read More