There’s a common saying that states the “more you learn the more you earn” and whilst its obvious that learning is not limited to the accompanying financial benefits, it does have the potential to make a large impact on your ability to earn lots of money.

Whether you’re academically minded or not, learning can be a great way to develop your knowledge and confidence, but in this vein, not everything has to be about degrees and diplomas.  For instance, some of the best education you can receive is vocational and targeted around a specific subject area such as Alteryx training courses that can help with getting to grips with data analytics.

Indeed, there are several ways to improve your career prospects when it comes to education, and today it’s never been more convenient with the online learning environment that’s oozing with opportunities to develop your knowledge; all at a much lower cost than traditional education and with a much higher convenience factor.

The thing with traditional courses, is that they can be expensive, as not only do you have tuition fees to pay but a lot of additional costs such as transport and accommodation.  That said, there is of course a certain student lifestyle one can have by attending university as a fulltime student.

When it comes to studying there is power in progress, and it often feels good to be achieving things – in that it gives us a psychological boost in the form of an endorphin rush, which leads to increased confidence, self-esteem, and personal power.

Then, there are the financial benefits; when it comes to making money if you want to earn more money then you simply need to create more value in terms of the end result you provide, and the more you know, the more value you can usually create.

In life, the highest paid people are those that create the most value to others, and one way to provide more value is to get more education as the more knowledge you have the more value you tend to be able to create.  That said, it’s important to appreciate the fact there are many people in minimum wage jobs that have solid degrees. Just because you have a degree does not mean you’re going to earn more money – it’s linked to the value you create.

If your end goal is to earn more money, as a result of studying, then you will want to have a laser like focus on what that course is bringing you in terms of real world benefits, as any educational course is ultimately an investment – both in time and money – and you need to be mindful of the return on investment that course is likely to have.

In summary, education is a great way to expand your mind whilst increasing your earning potential – but doing a degree, for instance, is not a golden bullet that will set you up for life – never-ending learning is all about being the best version of yourself and optimising the amount of value you provide to others.

This post has been contributed by Ryan Gatt, it may contain affiliate links.