Building Your Income Potential: How to Earn More Over Time
Let’s get one thing straight: earning money doesn’t stop at just getting a job. It’s about building the kind of skills and experience that help you earn more as you go. Whether you’re working your first part-time gig, thinking about college, or eyeing a dream career, there’s always a way to level up and increase your income.
The Secret to Earning More? Growth.
Have you ever thought about why some people seem to make a lot more money than others, even in the same field? The secret is simple: they’re constantly growing. Every new skill you learn or experience you gain adds to what’s called your human capital. That’s just a fancy way of saying you’re making yourself more valuable in the job market.
For example:
A barista who learns how to manage inventory can work their way up to shift leader, then manager.
A graphic designer who learns video editing opens the door to higher-paying projects.
A teen who works as a camp counselor might end up running the whole program one day.
The key? Always look for ways to grow, even in the job you have now.
Small Steps, Big Impact
You don’t need to completely change your life to start improving your income potential. Here are a few easy steps you can take:
Learn Something New: Pick up skills that are in demand. It could be coding, public speaking, or even mastering Microsoft Excel. Free resources like YouTube tutorials or library books are a great place to start.
Take on New Challenges: Volunteer for extra responsibilities at work or school. Leading a project or taking on a tough task shows you’re ready for more—and can lead to promotions or better opportunities.
Network, Network, Network: Connections matter. Whether it’s through LinkedIn, a part-time job, or just chatting with people in your community, knowing the right people can help you find the next big thing.
Investing in Yourself (Without Breaking the Bank)
It’s easy to think, “I need to spend thousands of dollars on school to make more money.” While education is definitely important, it’s not the only way to invest in yourself. Certifications, workshops, and online courses can be just as effective—and way more affordable.
For example:
Interested in tech? Try a coding bootcamp.
Love fitness? Get a personal training certification.
Thinking about a trade? Apprenticeships let you learn while earning.
The point is, you don’t need to go into debt to build your skills. Focus on what matters most for the career you want.
Dream Big, Plan Bigger
What’s your big goal? Maybe it’s running your own business, landing your dream job, or just earning enough to travel and live comfortably. Whatever it is, remember: every skill you pick up and every step you take is getting you closer.
Start small, but keep your eyes on the prize. Want to be an entrepreneur? Read about successful business owners. Want to earn more in your current job? Talk to your manager about what it takes to move up. You’re in control of your path, and the possibilities are endless.
This article coincides with the 2021 National Standards for Personal Financial Education Earning Income Objective 4-2
