I was wondering, is there a proven financial benefit to learning a language?
As I mentioned before, languages helped me get my first job, so it definitely helped me, but I wondered if there is a study to show this in general.
So I did some research and I came across this article from the economist.com which answered my question. They concluded that even on conservative estimates, speaking another language translates into an earnings boost.
One study concluded that speaking a second language gives an earnings boost of 2%. This may not sound like much, as it would only be $1,000 added to a $50,000 salary. However, if you compound that over the course of your career, this would turn into $67,000 extra in your retirement account!
Of course though, the financial reward is not the only reason to learn a language, but just from a purely financial point of view, an extra $67,000 would be pretty cool! (;
If you want to start learning a language, feel free to check out my course reviews to help you choose one: