There are so many reasons why people get over their head in debt. Even before the pandemic and the resulting shut down of the economy, many were struggling under a heavy debt load. The good news is that there are almost as many ways to get out of debt as there are to get into it. If you are fortunate enough to be fluent in more than one language than you can easily supplement your income using your second language.
Being fluent in a language other than English means that you have many options that most do not. Capitalizing on these skills is just a matter of finding those who need them. Here are a few ideas to get you started.
Often, becoming an interpreter requires no more skills than being able to listen carefully and accurately translate what you hear into another language. There are many ways to turn this into a money-making proposition. It could be anything from working for an individual who needs help on an occasional basis to working full time for a company that needs someone on staff to relay information. There are frequently jobs within the local or federal government for interpreters especially if you are fluent in a language that many outside that country have mastered.
Translating is much like working as an interpreter except it has the added advantage that frequently the work can be done from home. In this case you would be taking documents written in one language and rewriting them in another. While translating may not be as lucrative as an interpreter gig, the advantage of being able to work it as a second job, or around your children's schedules, may make it worth your while.
Tutoring those who are trying to learn the language you are fluent in is another way to pad your pockets. The amount of money you make this way varies widely depending on the clientele you work for but in certain cases it can be quite lucrative. Tutoring is another way to use your second language that can easily be adapted to your existing schedule.
Although this is not an option for everyone, if you live in an area with a lot of international tourism you may be able to supplement your income by helping vacationers navigate around your area. Some areas have tourism bureaus that you can register with, or you can contact local tour guide agencies and offer your services. Most of these agencies are constantly looking for bilingual guides.
If you are internet and computer savvy, you may be able to add to your income via social media. Niche blogging can be profitable as long as you have something interesting to say and enough people who read the language you write it in want to read it. Making YouTube videos in your second language can also turn a profit for you but again, only if you present subject matters that those potential viewers care about.