Advertising
Advertising

The Most Profitable Languages to Learn in Order to Increase Your Revenue

The Most Profitable Languages to Learn in Order to Increase Your Revenue

It’s easy to decide to learn a foreign language, but the real challenge is to decide which language to learn. If you have a solid reason to learning a certain language, you don’t need more; however, many adults want to learn a new language to develop their expertise, but have no idea how to pick the right language, especially when they are looking to supplement their income.

As the unemployment rate in US is still pretty high, millions of people are trying to make themselves more valuable for employers. Luckily, learning a foreign language is one of the ways to gain extra value as an employee, a fact which has been proven by surveys among employers. Moreover, being bilingual can bring you higher income.

More languages, more money

Recruitment specialists state that bilingual workers earn up to 15% more money, which is a significant amount. The Economist made a top 3 most profitable languages, which show bonuses vary in amount on the language you are fluent in. German is the leader of the top, with almost 4% bonuses.

Advertising

Many companies are open to hiring foreign workers and this trend is spreading on all domains. Translators’ opportunities are expected to double until 2022, for example, while US military workers can earn up to $1,000 more each month, if they are bilingual.

After you have learnt a new language you can easily change your job field, as there is a whole new range of opportunities open for you, based on this new language.

Which are the most profitable languages to learn

All foreign languages are useful, however, there are some languages which are considered to be “more profitable” than others. In this article, I rated different languages by the number of speakers in the world, the number of countries where it is spoken and their relevance for the international economy.

Advertising

I have to note couple of things about this criteria: Chinese, Arabic and Hindi are the top 3 most spoken languages across the world, BUT you need to consider the number of people in each country when you decide how useful are these languages. For example, China is the most populated country, with 1,300 billiard of people, which made around 20% of the world population.

For the second criteria, you can check the Census official data to see the business partners of US.

Now that you know how I made this list, let’s get into the business!

Advertising

The top 4 most profitable languages to learn (in no particular order)

French

Despite the misconception, French is spoken by over 2 million people across the world, in 29 countries, which makes it highly useful. First, students who know French are eligible for scholarships, which can save their parents a lot of money. Secondly, Canada, where French is one of the main languages spoken, is the top trading partner of US. Moreover, French is the official language of NATO, the Olympics, Red Cross and United Nations as well as other organizations. This opens your job opportunities to jobs in consultancy, administration, pharmaceuticals and telecommunications, to name a few.

In US, mastering French is going to add to your value as an employee, because few Americans know it.

Mandarin

China is the new dominating power in economy and it’s influence is growing, which means learning a Mandarin language opens up your professional perspective. China is one of the biggest trading partners of US and the demand for executives in multinational companies is rising. Knowing this hard to learn language is hard, but it will provide you with opportunities in diplomatic sector and military sector, apart from commerce and banking sectors.

Advertising

German

Germany is a powerful European country, which means its economical value is rising, along with its international economic power. According to some financial magazines, German is the language that returns the highest profit. The only drawback is the fact German is not the easiest language to learn, but the increase in monthly earnings is a strong motivation.

Italian

Our latest entry is not the latter, but it’s the easier to learn: you can even pick up Italian during a visit in Rome! British Council included Italian in the top 10 most important languages for UK, for the next 20 years, which means it comes with a lot of opportunities. Italian is a Romance language, just like Portuguese and Spanish, so it can be a good option for those who already know Spanish, for example. Or, you can first learn Italian to make it easier to learn Portuguese.

Either way, it will open a lot of job opportunities for you, as Italy is a popular destination, with a strong tourism sector; Milan is the fashion capital and great chefs come in this country to perfect their cooking skills. The business sector is also in demand of Italian speaking professionals.

Featured photo credit: Flickr/Peter Miller via flickr.com

More by this author

20 Healthy And Tasty Vegan Breakfasts That Bring You Enough Protein 6 Things You Learn From Winter Camping The Ultimate Moving Guide For An Easy Move 6 Reasons You Should Date A Gamer (Girl or Boy) Proven Benefits Of Having A Beard All Men Need To Know About

Trending in Communication

1 7 Powerful Questions To Find Out What You Want To Do With Your Life 2 10 Famous Failures to Success Stories That Will Inspire You to Carry On 3 What Is Your Destiny in Life? How to Mindfully Achieve Your Purpose 4 7 Signs of an Unhappy Relationship That Makes You Feel Stuck 5 10 Things You Can Do Now to Change Your Life Forever

Read Next

Advertising
Advertising

Last Updated on September 20, 2018

7 Powerful Questions To Find Out What You Want To Do With Your Life

7 Powerful Questions To Find Out What You Want To Do With Your Life

What do I want to do with my life? It’s a question all of us think about at one point or another.

For some, the answer comes easily. For others, it takes a lifetime to figure out.

It’s easy to just go through the motions and continue to do what’s comfortable and familiar. But for those of you who seek fulfillment, who want to do more, these questions will help you paint a clearer picture of what you want to do with your life.

1. What are the things I’m most passionate about?

The first step to living a more fulfilling life is to think about the things that you’re passionate about.

What do you love? What fulfills you? What “work” do you do that doesn’t feel like work? Maybe you enjoy writing, maybe you love working with animals or maybe you have a knack for photography.

The point is, figure out what you love doing, then do more of it.

Advertising

2. What are my greatest accomplishments in life so far?

Think about your past experiences and the things in your life you’re most proud of.

How did those accomplishments make you feel? Pretty darn good, right? So why not try and emulate those experiences and feelings?

If you ran a marathon once and loved the feeling you had afterwards, start training for another one. If your child grew up to be a star athlete or musician because of your teachings, then be a coach or mentor for other kids.

Continue to do the things that have been most fulfilling for you.

3. If my life had absolutely no limits, what would I choose to have and what would I choose to do?

Here’s a cool exercise: Think about what you would do if you had no limits.

If you had all the money and time in the world, where would you go? What would you do? Who would you spend time with?

Advertising

These answers can help you figure out what you want to do with your life. It doesn’t mean you need millions of dollars to be happy though.

What it does mean is answering these questions will help you set goals to reach certain milestones and create a path toward happiness and fulfillment. Which leads to our next question …

4. What are my goals in life?

Goals are a necessary component to set you up for a happy future. So answer these questions:

Once you figure out the answers to each of these, you’ll have a much better idea of what you should do with your life.

5. Whom do I admire most in the world?

Following the path of successful people can set you up for success.

Think about the people you respect and admire most. What are their best qualities? Why do you respect them? What can you learn from them?

Advertising

You’re the average of the 5 people you spend the most time with.[1] So don’t waste your time with people who hold you back from achieving your dreams.

Spend more time with happy, successful, optimistic people and you’ll become one of them.

6. What do I not like to do?

An important part of figuring out what you want to do with your life is honestly assessing what you don’t want to do.

What are the things you despise? What bugs you the most about your current job?

Maybe you hate meetings even though you sit through 6 hours of them every day. If that’s the case, find a job where you can work more independently.

The point is, if you want something to change in your life, you need to take action. Which leads to our final question …

Advertising

7. How hard am I willing to work to get what I want?

Great accomplishments never come easy. If you want to do great things with your life, you’re going to have to make a great effort. That will probably mean putting in more hours the average person, getting outside your comfort zone and learning as much as you can to achieve as much as you can.

But here’s the cool part: it’s often the journey that is the most fulfilling part. It’s during these seemingly small, insignificant moments that you’ll often find that “aha” moments that helps you answer the question,

“What do I want to do with my life?”

So take the first step toward improving your life. You won’t regret it.

Featured photo credit: Andrew Ly via unsplash.com

Reference

Read Next