Four cost effective ways to increase your earning potential

Are you looking for ways to increase your earning potential? Most people would love to earn more money without having to take on a second job or work more hours during the week or on the weekends, but sometimes increasing your earning potential at your job isn’t as easy as asking for a raise. Employers often want more skills or something in return for paying more money. But earning more skills often requires taking classes, earning certificates, or degrees that are expensive and time consuming.

Lacking time and/or money? Check out these 4 cost effective ways to increase your earning potential:

1. Look for free online classes. Online, there are plenty of opportunities to learn. Websites like Udemy often have instructors that offer free introductory classes to certain topic matters that you may be able to benefit from. Topics are plentiful and you can complete them in your own time.

2. If you work in the tech field, there are quite a few websites online that offer free training; some of which even allow you to print out results of all that you’ve mastered. Codecademy is just one of the many websites online where you can learn to code for free.

3. If you are looking for a more formal education to increase your skills and earn more money, check to see if the school has any available scholarships to help you cover some of the costs that would be associated with earning a degree or certificate.

4. Finally, if further education isn’t an interest, talk to your boss! Express your interest to learn more about your job, or other opportunities within the company. Convey what your current skills are and where you want your career to go - you may learn that there are opportunities that you didn’t know about and it never hurts to show initiative!

Looking for more ways to increase your earning potential or save money? Check out our article on Three ways you can break the payday to payday cycle!