Most spend their paychecks on things that may or may not be useful for them. For example, buying a newer and bigger car or a bigger television or maybe a new mobile phone.

While all of that sounds good and I am not one to tell you how to spend your money. As you work hard and earn money, you can spend it however you want to.

But those things add little value to your life. How does buying a bigger television help you with the important areas of your life such as health, wealth, and family?

Instead, a better way to spend is to invest in yourself. The more you invest in yourself, the brighter your future will become. You want to trade instant gratification with delayed gratification.

In this article, we will look at why it is important to invest in yourself and the different ways you invest in yourself. At the end of this article, we’ve included an immediate action plan you can do today.

Why Is It Important To Invest In Yourself?

Well, the first thing I want to establish here is, ”We Don’t Know, What We Don’t Know”. So, until we step outside our comfort zone to explore and experience something new, we won’t be able to see further and grow outside of the respective bubble that we lived in. 

This causes us to stagnate our growth and watch life pass us by, while we just sit on the sidelines.

To make things clearer, I will use a simple example to illustrate my point of someone who invests in themselves and someone who doesn’t:

Just for the sake of this example, let’s use ”monthly income” as the reason to invest in yourself. Note, investing in yourself can be about your health or other things important to you.

1. Meet Kevin

Kevin is in the finance field. He spends his time traveling to new countries every three months. Kevin also has two expensive cars and re-furnishes home every season etc. 5 years have passed, Kevin’s income stagnated. He wants to increase his income but doesn’t know where to start. The problem here, Kevin didn’t invest in himself. Therefore, his learning curve has decreased.

2. Meet Aaron

Aaron works in the data management field. He expanded his knowledge of data through online courses. Aaron also has a knack for CrossFit. He’s hired a trainer. They meet twice a week to train. With his knowledge, in 5-10 years Aaron can start his own data company, become a trainer in CrossFit or start a gym. Since Aaron invests in himself, his earning potential has increased. 

So, how can we invest in ourselves?

Keep reading the next section to find out more.

4 Ways To Invest In Yourself

1. Take A Course, Learn A New Skill

First, you want to do your research. Look for an expert in the category of your life you want to improve. If you want to improve your health and fitness, then research on that.

Ensure that they have credibility and before you take their courses. Maybe you want to try out and be a fitness coach yourself because you decided the corporate world is too stressful. Then maybe you can go apply for a license, etc.

Maybe you’ve been in the finance industry for so long and you no longer find your job fulfilling. Then maybe it’s time to take other classes in different industries.

Maybe learning to code, culinary, digital marketing, etc. Just anything to expand your horizon and explore other options that you have.

2. Hire An Expert

Similar to taking a course, but more expensive to do so. If you have extra money to spare and are too lazy to do your homework, then you might hire an expert to come and prepare/teach/guide you.

For example, if you’re trying to lose weight and are too lazy and/or unable to prepare your meals on your own. You can hire a chef to prepare your meals that fit your diet and your required macro/micronutrients.

3. Buying Books

Again, understanding what you want to improve in your life. Then researching the best books that may provide that knowledge or expanding your knowledge on a certain subject.

Although, expanding your knowledge on a certain subject may seem like a waste of time. Sometimes, that knowledge will all make sense later on in life as we continue to grow.

If bits of knowledge are dots, then experiences will connect them.

4. Go Back To School

This one is if you want to climb up the corporate ladder. However, it also depends on the job you are doing as not all careers will need you to have a master’s degree.

So do your research on that before going back to school, as you don’t want to waste your time and money.

Quick Recap + Action Plan

Recap:

1. It is important to invest in yourself so you can handle life better and make progress in life. Instead of just watching life pass.
2. Different ways you can invest in yourself and improve your overall life.

Action Plan: Steps To Take Right Now to Invest In Yourself

Step 1: Pick an area in your life you want to improve or need some improvement.

The 3 major categories I look into are:

1. Wealth
2. Health
3. Family

Now, these are just categories important to me and you can figure out on your own what’s important to you.

Step 2: Defining what you want

So, if you pick health, which is a broad category. You need to define what you want or mean.

For example, maybe by health, you mean fitness. So, what you want to accomplish is it to get ripped or just to lose weight.

Step 3: Pick a method to achieve that goal (you can choose from the ” different ways section” of this article)

Pick a method, then do your research to check for credibility and invest.
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How are you investing in yourself?

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That is all for this article. I hope you find this article helpful and thank you for your time.