02/16/2012 12:08 pm ET Updated Feb 16, 2012

How You Can Get A Raise This Year

Don't wait for your boss to come to his senses -- give yourself a raise this year.

Workers can spend about $3,000 a year on coffee and lunch, according to a recent survey by Accounting Principals, an accounting and finance placement firm based in Jacksonville, Fla. But saving and investing that chunk of change can increase your wealth.

"Don't think of it as $3,000, but rather what $3,000 per year would be in 20 or 30 years if invested at even low interest rates," says Burton Malkiel, an emeritus economics professor at Princeton University in New Jersey.

Read more on The Wall Street Journal