We don’t know what we don’t know. At any given time, we operate with the information and skills we currently have. When I was earning R5000 per month, it was all I knew how to earn at the time. It seemed like my potential was capped—but that was far from the truth.

Everything changed when I realised how little I actually knew about increasing my income. Who would have thought that recognising my ignorance would be the first step toward transforming my financial reality?

If you are earning less than you would like, the solution lies in learning, learning how to increase your income and the value you bring to the table. While this sounds simple, it requires intention and effort. Here is why learning can be a game-changer and how you can get started.

The Link Between Income and Value

Your income is often tied to the value you create for others. To earn more, you need to:

• Increase the value you deliver: Improve your skills, solve bigger problems, or take on greater responsibilities.

• Enhance the perception of your value: Learn how to market yourself effectively, negotiate better, or showcase your expertise.

When I began my journey, I realised that working harder alone would not cut it. Instead, I needed to identify areas where I could grow and add more value. This mindset shift was crucial in helping me move beyond my initial earning plateau.

What to Learn to Earn More Money

Not all learning leads to increased income. To make a significant impact, focus on these areas:

• High-Income Skills: For example skills like sales, digital marketing, coding, data analysis, or project management are in high demand and can dramatically boost your earning potential. These skills often come with opportunities to freelance or advance in your career.

• Personal Finance and Money Management: Learning how to manage and grow the money you already have is just as important as earning more. Budgeting, investing, and understanding financial products can stretch your income further.

• Diversifying Income Streams: Explore side hustles, freelancing, or starting a small business. Diversifying your income not only boosts earnings but also provides financial security.

• Problem-Solving Skills: Businesses pay for solutions to their problems. Whether it is streamlining operations, improving customer experience, or innovating products, becoming a problem-solver can set you apart.

How to Overcome Learning Barriers

Starting can feel overwhelming. Time, money, and confidence are common obstacles. However, access to knowledge has never been easier. Online platforms like YouTube and Udemy offer affordable (and often free) learning resources. Libraries and workshops are also good places to start.

When I first began, I started small. I picked up one book on personal finance, which ignited my curiosity and led me down a path of consistent self-improvement.

Practical Steps to Start Learning

If you are ready to increase your income by learning new skills, here is how to get started:

• Audit Your Current Skills: Make a list of your skills and identify gaps that, if filled, could lead to higher earnings.

• Set Income Goals: Decide how much more you would like to earn and set a timeline to achieve it.

• Invest in Growth: Enrol in a course, find a mentor, or join communities where you can learn and grow. Dedicate regular time to developing new skills, for example an hour every day or week.

• Experiment and Evaluate: Try freelancing, volunteering in new roles, or starting small projects to apply what you are learning and gain real-world experience.

The Compound Effect of Knowledge

The most surprising part of learning is its compounding effect. The more you know, the faster you can pick up new skills and recognise opportunities. This momentum can take you from struggling financially to thriving.

By embracing learning, you are not just increasing your earning potential;, you are transforming your life. What started as R5000 per month for me became a stepping stone to financial independence, all because I decided to learn. Imagine what could happen if you did the same.

Are you ready to take the first step toward earning more money? The journey begins with learning.

Looking to make the most of your increased earnings? Check out our guide on how to get started investing in South Africa and take the first step toward growing your wealth.