How to earn more money in 2016


In the beginning of 2016, “How to earn more money” is a dilemma for many people. Improving your income is one of the best long-term investments you can make, and the time to begin is right now.

All of the key parts of personal finance were bound up in the single phrase, “Spend less than you earn.” In those simple five words, one can find all of the key ideas of personal finance.

There’s a call to spend less money by cutting back on one’s expenses, particularly the less necessary ones. There’s a call to have a “gap,” where one has money left over at the end of each pay period, and to do something smart with that money. There’s also a call in there to earn more money.

Most of the actions that people take toward earning more money do not have immediate results. You often have to invest a lot of time and effort into earning more money in order to see even the first small positive impact on your income levels.

Earning more can have a much bigger long-term impact on your financial state than the other options, but it requires time to implement and time to see the positive effects. You can’t just flip a switch and see results.

You need to take the long approach when it comes to earning more money. Plan ahead and put yourself in a position where greater income is a likely result, even if it means investing time and effort without immediate returns.

Need a game plan? Here are a few strategies you can implement over the coming year in order to improve your income.

Get Certified

Get Certified
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Many jobs and career paths reward people who take the time to earn certifications in certain topics. My job dangled pay increases in front of me for earning certifications related to Oracle databases, for instance, and the possibility of greater pay for other certifications.

Does your current job offer any pay benefits for earning particular certifications in your spare time? Would a few certifications open the path to a promotion of some type? A little bit of homework and a conversation with your boss can reveal this pretty quickly.

Then, the next step is to simply start earning these certifications. Many professional certifications can be earned via online classes or evening classes in your city. Others require filling out documents of various kinds and sending them back to the certifier. Yes, some of these certifications cost money, but that money is often repaid quickly if you can secure a pay increase with these certifications.

Another bonus: Some jobs will actually pay for certifications for their employees, which means that they become a fantastic way to help you secure an increase in pay at work. Be sure to check with your human resource officer to find out if your work offers financial assistance to pay for additional certifications.


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