How to Increase Earnings Potential

1.

Improve your educational credentials. Even if an MBA is not a solid requirement for your career, obtain one if you are in a business-related position. Statistically speaking, the higher your degree, the higher your pay. If your company will not adjust your pay based on an advanced degree, consider alternative positions or companies.
2. Research salaries for your career and position. Make copies of the data to provide to your supervisor. ('How to Get a Pay Raise,' linked in Resources below, provides advice on this meeting.) Before taking this route, however, ensure that you have been performing well, so the boss cannot find an easy reason to turn you down.

3. Present your case, with salary survey data, to your supervisor. Tell him you would like to be considered for a raise out of sequence. If this is not possible because of your company's compensation rules, ask to be given a larger increase at the normal salary review. You may also wish to consider other, more lucrative careers.
4. Apply for promotions. If the new job involves supervising others, get experience by volunteering to head teams at work and taking the initiative to oversee new projects. Be sure supervisors take into account any experience you have supervising outside of work (such as military, prior jobs or community service).
5. Take a part-time job at night or on weekends. Contact employment agencies and local stores or businesses to advise them of your availability. This solution can provide a temporary boost to your cash flow problems..
6.

Make money online by doing surveys, writing blogs or selling on eBay. If you have a little spare time each week, you could find these money-making ventures helpful and can work from home.