Of all the investments you will ever make in your lifetime, the best and most profitable one is learning how to invest in yourself. But what does it mean to invest in yourself? Is it about spending money buying the things you want? If you are wondering what investing in yourself means, it involves doing small things that enhance your growth and improve your quality of life. It could include putting in the time, money, and effort to make your life better, not only to obtain the returns right now but also for the future.
Unfortunately, we often find it easier to invest in other people and things than to do the same for ourselves which could derail our happiness and success. For example, we put a lot of effort, time, and money into toxic relationships, social media, watching TV, buying expensive things, unfulfilling jobs, etc.
So, how do you invest in yourself? Read on to find out how you can invest in your future and the benefits of investing in yourself.
How to Invest in Yourself for a Better Future
- Practice self-care
Taking care of your health – physical, emotional, and mental – should always be a priority, and it is also one of the best ways to invest in yourself for a better future. Your body is a traitor and will always reflect how it is being treated outwardly, whether it is through weight gain, dull skin, fatigue, or poor mental health.
As you get older, keeping weight off will become harder, and your skin will become thinner and lose its elasticity, making it easier to form wrinkles. All these changes in your body and looks could make you afraid of aging. Implementing self-care strategies to keep yourself in top condition as you age is a must if you want to learn how to invest in yourself for a better future.
Maintain good physical health by doing things such as;
- Embracing healthy eating habits
- Sleeping 8-10 hours/night
- Exercising regularly
- Drinking the required amount of water
- Exfoliating and keeping your skin moisturized
- Taking care of your personal appearance, grooming, and hygiene
- Wearing sunscreen when spending time outside, as well as
- Quitting bad habits such as drinking alcohol, smoking, or other substance abuse.
As one way to invest in your future, protect your mental health by;
- Avoiding spending too much time on social media,
- Cutting off toxic people
- Practicing mindfulness meditation and yoga
- Taking breaks when you need to
- Building better relationships
- Practicing positive affirmations
- Keeping a journal, and
- Asking for help when you need it.
- Learn new skills and strengthen your current ones
The best investment you can make is in yourself. The more you learn the more you earn.Warren Buffett
When learning how to invest in yourself for a better future, you have to find ways to improve yourself and keep growing. For example, even if you are satisfied with the job you currently have, never stop learning new skills. It is a great investment in your future because the new skills can open you up to more and better opportunities that could help you advance your career.
For instance, you could take courses in management, and the next time there’s an opening or promotion in that area, you will be eligible to apply. You could also start your own business using all the skills you have learned. If you don’t learn new skills, you could become stuck in the same position for years, which would suck if it is low-paying.
Continue to learn new skills and sharpen the skills you currently have by staying up to date with what is in demand, advancing your education, taking online courses, attending training and workshops, or learning a new language.
Another way to learn how to invest in yourself for a better future is by exploring your creativity and passions. For instance, if you love music and singing, play a musical instrument or get a vocal coach to help you perfect it. Who knows, you could be the next Whitney Houston or Elton John, but you have been sleeping on your talent.
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- Make good financial decisions
You don’t want still to be worrying about money when you are older. One of the best ways to invest in yourself for a better future is by making good financial decisions now, such as budgeting, spending money wisely, saving, making investments in real estate property and stocks, and avoiding getting into debts or repaying borrowed money on time. These will help you gain financial freedom, be prepared in case of emergencies, and live a worry-free life in the future.
If your earnings are low now, you should consider ways to increase your income to help you achieve financial freedom earlier. This could involve looking for a better job elsewhere, learning more skills to help you go up the ladder, or starting a business or side hustle. When learning how to invest in yourself, always look for ways you can make your life better now and in the future.
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- Never stop reading
The best investment you can make is in yourself. Just like you should never stop learning new skills, never stop reading. It could be books, blogs, magazines, or any other reading materials that expand your knowledge, skills and give you tips on improving your life.
Reading opens you up to a world full of possibilities and is another great way to invest in yourself with the promised returns of increased knowledge, motivation, or change in perspective. Studies indicate that people who read are not only smarter but also live longer than those who don’t read.
The best books to read as a self-investment for a better future include motivational books, memoirs, autobiographies, success stories, etc. Fictional books are also good for improving your vocabulary and interpersonal skills. If you want to learn how to invest in yourself through reading, here are some of the most inspiring books to read;
- The Power of Now: A Guide to spiritual enlightenment by Eckhart Tolle
- Becoming by Michelle Obama,
- The Pursuit of Happyness by Chris Gadner, and
- The Alchemist by Paulo Coelho
- How to Win Friends and Influence People by Dale Carnegie
- Get life insurance
Getting insured is one of the best ways to invest in yourself and secure your future. Life is very unpredictable and fragile, and thus making plans for unexpected occurrences is a good idea.
If you are the sole breadwinner for your family, getting life insurance will protect your loved ones from the potential financial losses they might experience if something were to happen to you. It is an inheritance for those left behind and ensures their financial stability.
However, buying life insurance is not only for your family and other beneficiaries; it is a good self-investment too. Knowing your family will be provided for when you are gone reduces anxiety and gives you peace of mind.
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Benefits of Investing in Yourself
- You are more prepared for emergencies
- Better opportunities open up in your career
- You are more informed and have a broad perspective of things
- Self investment leads to better health
- You develop a positive outlook towards life
- You are more prepared for the future
- Financial freedom
- You explore your potential and follow your dreams and passions
- You develop a growth mindset
- A healthier, happier, and more fulfilled life.
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Learning how to invest in yourself is one of the best things you will ever do, not only for yourself but for your loved ones too. In your life’s journey, you will encounter many people along the way who will be part of your life, but the only person you can rely on with complete certainty is yourself. This is why it is important to learn how to invest in yourself.
The returns don’t always have to be very far into the future because you can reap most of the benefits of investing in yourself right now. Use the above 5 best ways to invest in yourself for a better future.
How are you investing in yourself for a better future? How do you make your life better and more meaningful?
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Last Updated on June 11, 2022