Investments in self-development. The best way to invest Invest knowledge
Good day, dear friends! This article participates in the "Lazy Contest for the Best Article" on the Lazy Investor blog and we will talk about investing, of course.
Many people will think that investing is not interesting for them and that they have never engaged in it and are not planning, but this is not so.
After reading the article, you will understand that we are all investors, but we do not always realize this.
From the article you will learn:
- about my first investment experience;
- whether investing is a passive source of income;
- where to start investing.
So let's start with my first investing experience. If you think that I will tell you how I immediately made a solid profit and how great everything was, then you are mistaken.
My first investment was unsuccessful. Who is guilty? Dishonest companies that disappeared with my money? No. I am to blame myself.
Because the desire to make a profit as much as possible and as soon as possible was stronger than common sense.
Because I invested in something I didn't understand at all. Because I invested everything in just one, forgetting about the need for diversification.
And the result was quite predictable. True, I was lucky in two things: I did not invest the last money, but the amount that I could afford to lose, and secondly, this experience served me as a good lesson.
Failure is just a small step towards success. In addition to this, failures are excellent teachers, you just need to draw the right conclusions from them.
What conclusion did I draw? Is a great way to increase your money, but this is far from passive source income. Yes, it requires less time and is easy to combine with other types of earnings.
But in order to become a successful investor, you need to understand the area in which you invest, at least a little. That is, an analysis of the situation is necessary. Warren Buffett, the greatest investor, said:
Never invest in a business where you don’t understand anything.
You should have listened to his advice.
But what about trust management? You will think. After all, it exists precisely for this, in order to entrust your money to professionals, who will be engaged in investing for you.
But in order to choose a reliable manager, you need to study his activities, successes, reviews of other investors. And it is also necessary to control his actions. That is, it requires some actions and knowledge from you.
Even when you give money to the bank (the least profitable, but the most reliable investment instrument), You need to study its activities, assets, reliability, so as not to choose the one that goes bankrupt in a few months.
In addition, even having already invested money, you need to constantly monitor the situation and analyze. I'm not even talking about PAMM accounts, here you can't do without knowledge.
But we perceive investing as a passive source of income, and very often it is this perception that leads to failure and loss of money.
In addition, when we hear about investing, we immediately imagine that this is an investment of money for the purpose of making a profit. Deposits in banks, forex, stocks come to mind. But there is another way to invest. Not always obvious, but reliable enough.
Where should you start investing? And one should start, in my deep conviction, with investments in oneself, in one's education, knowledge.
In principle, every person does this, but he just does not perceive it as an investment.
I think most of you got higher education... But did you treat it as an investment?
After all, you are investing your time and money to learn a profession that will bring you income in the future. And this one future income will directly depend on your choice now. If we all viewed learning as an investment, we would make our choices more consciously.
For example, you would choose a specialty, focusing not on prestige, but on demand. And thus, this will avoid the following situation:
The same approach can be applied to an already working person. For example, you want to increase your salary several times. Write your honest resume. We love to exaggerate our merits. Knowing a few words in English, we write about fluency.
In this case, this is not required, because no one will see your resume except you. After drawing up, go to job search sites and study similar vacancies, but with a salary several times higher than yours. And see what the requirements are.
After analyzing the situation and finding out what knowledge and skills you lack, you can invest money in your education and then find a job with a better salary, or ask for an increase in your old job.
And these are just a couple of examples of how investing in yourself will help you reach a new level of income. Even when we buy a course or training, we invest in ourselves.
Going in for sports is also an investment in yourself. By being in good shape and in good health, you will work more efficiently and get more done.
Imagine that you are an enterprise and your knowledge is an asset. At first, you easily bypass competitors.
But time goes by, the world develops rapidly, new technologies appear, and you forget to invest in your own company and renew your assets. A company that does not invest in its own development takes on great risks.
As bloggers, we constantly react to innovations search engines, mastering new sales technologies. In the same way, you cannot be passive in investing, you need to constantly learn.
Investing in yourself is the safest investment that will definitely yield results.
Benjamin Franklin said:
Investing in knowledge always gives good interest
And if you decide to start investing in PAMM accounts, in stocks, then invest in yourself first, that is, find out as much as possible about the chosen area of investment.
Learn from the experts. And then you will succeed faster.
Many of our readers know that investing money successfully is not an easy task. How much money to invest, how and what to choose stocks and indices, how to optimally compose an investment portfolio - we will try to find answers to these questions through quotes from successful world investors. Markets will go up or down forever, but good advice in the field of investment will always be useful to you!
1. “Investing in Knowledge Pays the Best Dividends” - Benjamin Franklin
The best investment is investing in knowing how to invest. First of all, you need to read books, articles, websites about the basics of investing and understand what to invest money in. And before you accept investment decision, you need to study the current state of the markets and companies in which you plan to invest your money.
2. “Invest in yourself. Your career is the engine of your wealth. "- Paul Clitheroe
We all want wealth, but how can we get it? How to get rich? Wealth begins with a successful career - after all, you need to collect the initial capital for investment. Your successful career depends on your knowledge, skills and professional connections. Invest in yourself - graduate from the best school and university, buy books, go to work where you can acquire the necessary skills (even if you have to work for a slightly lower salary). Pinpoint your talents and find a way to turn them into a money making machine. A successful career will help you build up your initial investment capital and maybe give you great ideas for investing your capital. This way you can become a successful investor and know how to invest money correctly.
3. “How many millionaires do you know who became rich by investing in bank deposits? That's the same. "- Robert G. Allen
Investing in bank deposits is relatively safe, meaning you most likely won't lose your money. But you won't get huge profits from such investments either: deposit rates are relatively low and in many countries do not exceed inflation. But do not rush to transfer all the money from your bank accounts to brokers' accounts. Bank deposits is a great place to store your airbag (markets are not).
4. “Don't look for a needle in a haystack. Just buy the whole haystack! " - John C. Bogle
There are hundreds of markets and thousands of stocks and mutual funds in the world. What stocks and mutual funds to invest in? Finding the best investment is not easy! You need to spend time studying the macroeconomic situation, researching individual companies, following business news, that is, keeping your finger on the pulse of the markets. Most people have neither the time nor the desire for this. Therefore, the best thing for most people is to invest in the entire market at once, that is, to buy the entire haystack in its entirety. The best way to invest for most people is to buy index funds.
5. “Know what you own and know why you own it.” - Peter Lynch
This is especially true for those who do not invest in index funds, as I recommend to most of my readers, but in individual stocks. Before investing in a company, conduct a full analysis of its activities. What the company does, what it produces, is it profitable, who runs the company - these are just some of the questions you need to answer. But remember that this situation may change in the future. Good investment today can be a bad investment in the future. Therefore, you need to regularly re-evaluate your investments.
6. “We don't need to be smarter than the rest. We need to be more disciplined than the rest. "- Warren Buffett
Discipline is what separates a successful investor from an unsuccessful one. When choosing which company stocks to buy, analyze different companies using the same methodology (whatever it is, you can develop your own methodology), and buy only stocks that meet all your criteria. Having bought shares of a company, clearly define for yourself what you will do if the share price falls or does not rise. If you decide that you will sell the shares if their the price will fall by 10%, then be sure to sell as soon as it happens. If you are not disciplined, then the stock price will fall by 20-50-90%, and you will continue to persuade yourself that "someday the growth will begin." Lack of investment discipline is the shortest path to losses.
7. “I'll tell you how to get rich. Close the doors. Be afraid when others are greedy. Be greedy when others are afraid. "- Warren Buffett
Be prepared to invest when the market drops. But be prepared to sell everything and leave the market when it is at its peak. Here's a simple example. You probably remember the 2008 crisis when stock prices fell every day and very quickly? Most people were scared and took money out of the market. But the crisis has passed, and the shares of the S & P500 market have grown 2.6 times since March 2009. Those who bought shares during the crisis were able to put together a good fortune. Do you think you missed your chance? Don't worry, there will be another fall, and there will be new growth, and there will be new opportunity get rich in the market. But will you be ready for this, and will you be able to use this opportunity? Will you have the cash and the courage to buy stocks during the most difficult times of the crisis? This is one of the main secrets of how to become rich.
8. "Broad diversification is only needed when the investor does not understand what he is doing" - Warren Buffett
If you are just starting to invest and are not yet very confident in your knowledge and abilities, then do not buy shares of one company with all your money. Diversify, that is, buy shares of different companies and mutual funds, and see how correct you were in your analysis and assumptions about the future growth of these shares. But when you have already become an experienced investor and understand what works best for you, then you can invest all your money in one or two or three stocks or mutual funds - so you have a chance to get great returns and become a successful investor.
9. “Investors should be skeptical about historical models of markets and stocks. These models, built by various smart people who use terms that only the "insider" can understand (such as beta, gamma, sigma, and the like), can make a big impression on you. However, quite often investors forget to understand the assumptions behind all of these models. Beware of formula nerds "- Warren Buffett
There is a large number of literature and sites on technical analysis of the markets. Analyzing trends is not a very difficult but exciting task, and many aspiring investors are into technical analysis. However, remember that past performance and trends do not guarantee future results. You need to conduct regular fundamental analysis of the macroeconomic situation, individual markets and companies. By using only technical analysis, you run the risk of losing. Short-term investments based on technical analysis- essentially speculation, not investment.
10. “Investing should be like watching paint dry or grass grows. If you need the excitement, grab $ 800 and go to Las Vegas. "- Paul Samuelson
If you think investing is a gamble, then you are investing money wrongly and you will most likely lose your capital. If you have fun investing, if you enjoy the process, then chances are you are losing money. Investing successfully is a big and boring job that requires preparation and patience. But with the right investment, you will get big returns over the years.
The world of investment is a complex world that is not at all easy to live in. But if you do good prep work and are disciplined in your investments, you will be successful in the long run and you will become rich. Well, when it’s difficult for you, when the markets will fall, when you don’t understand what is happening, when you’re scared, then re-read these quotes from successful investors - they will help you calm down and make the right decision.
When people have money, they want to spend it with pleasure and benefit. As practice shows, investing in yourself is the most profitable way to invest. Every person needs such investments, regardless of age and financial situation.
Before, I didn't know what it was like to invest in yourself. In our country, it was customary to work for the good of society, and taking care of oneself was considered something shameful. But times have changed. Now I understand how important it is to work for yourself, your development, your pleasures, and not put off life until later. Today we will consider several options for investing in our own personality.
What does it mean to invest in yourself
When we talk about investments, we mean, first of all, financial investments. In fact, investing in your inner world is equally important. Each person is characterized by the desire to develop, strive to achieve the goal.
Investments in your development are reading books, playing sports, training, meditation. Even when you just communicate with interesting people, we are spiritually enriched. All these investments work for us, for our future. The dividends from such investments will be much higher than you might imagine.
What do we usually invest
First of all, let's figure out what we can and are ready to invest. First of all, we invest the following resources in ourselves:
- Money. Almost all valuable things are worth something, and you have to earn money on them.
- Time. Of course, most of the day we spend doing some kind of duties. This is both service and household chores: washing, cleaning. But you need to devote time to more pleasant things. You can always find a free moment to read a book, watch a new film and even attend a culinary master class.
- Skills and knowledge. Throughout our lives, we are constantly learning something new. Knowledge helps us not only to earn money, but also to relax, and also to monitor our health.
People's priorities can also change. Earlier, great importance was attached to obtaining a diploma. It was the crusts themselves that were highly valued, although knowledge was not always applied to them.
Now gaining knowledge and acquiring skills are in the first place. Investing money in knowledge allows us to improve our lives. You can even change your occupation, for example, start working remotely and live in a more comfortable mode.
There are many ways to invest in knowledge. For example, four years of study at a university will cost about 150,000 rubles. The same amount can be spent on taking intensive courses for IT specialists. In the second case, we have an important advantage. Find Good work, which means that it will be possible to receive dividends on the deposit much faster.
I agree with people who say that there is no limit to perfection. If you think that you lack some knowledge, you should definitely use the opportunity to get it.
Investments in your health
Agree that without health, we just can't go anywhere. When something hurts or worries, neither money nor knowledge pleases. Health needs to be monitored, besides, timely prevention is cheaper than fighting sores.
Of course, investing in health isn't just about buying pills from the pharmacy. To maintain it, we need a lot:
- Eat well and on time.
- Don't ignore dentists.
- Make friends with exercise.
- Have sex regularly.
- Try to get rid of bad habits.
- Undergo a comprehensive examination at least once every 5 years.
- Avoid stress and overwork.
If possible, I advise you to buy VHI policy... Due to the variety of programs, you can find an inexpensive option, and a high-quality health care means a lot.
Investing in your own appearance
Taking care of yourself and your appearance is no less profitable than, for example, investing in cryptocurrency or other assets. Of course, they see them off according to their minds, but they are greeted exactly by their clothes. Girls who try to look perfect in order to successfully get married act quite wisely. But for men, a presentable appearance will not hurt. Successful person who wants to make a career and enjoy success with women cannot look bad, sloppy.
I can agree with the principle: in order to get something, you need to invest. To improve your status, investing in your health and appearance is a must.
You can verify this with simple examples. When we eat quality, healthy food, we promote health and improve our appearance. The chances of getting a job with a healthy, handsome person are much higher.
When I buy a new fur coat, it not only warms me up in cold weather, but also improves my mood. Investments in high-quality shoes cannot be dispensed with, because boots made of the skin of a young oilcloth get wet, do not warm, and I can fall off with a cold. Investing in good cosmetics can help protect the skin from wilting and allergies, and there are many such examples.
Investing in your appearance is not only buying beautiful clothes, jewelry and other things. A person needs to keep fit: go to the gym or work out at home, go to beauty salons.
It is not necessary to spend a lot of money on this, the main thing is the desire to be attractive. By the way, money is very fond of respectful attitude. In the wallet, they need to be folded neatly as they grow.
It is necessary to take care not only of external beauty, but also of your inner world. This is especially true for the female sex. A woman must maintain her inner purity, be free from anxiety and fear. Therefore, it is important to spend time, effort and money on something that helps you relax: dancing, visiting a fitness center, consulting a psychologist. A person who is not bothered by anything is cheerful, energetic and looks five-plus.
Contributing to your knowledge
Ideally, knowledge should bring not only income, but also pleasure. A person receives some knowledge from nature, from his parents, others acquire in the process of life. In order for them to justify themselves, it is advisable to strive for them constantly.
There are many ways to learn new things, both for free and for decent money. I can name the following methods as the most effective:
- Master classes on a specific topic. It is not the cheapest pleasure, but you can quickly learn something interesting in a small group.
- Trainings. They are held with the involvement of experts in any field and therefore are very informative.
- Courses, especially language or computer courses.
- Trips. This is perhaps the most enjoyable way to spend money and improve yourself.
All these things will have to be spent. If you have nothing to invest yet, stop at the free options. These can be clubs of interest, video tutorials for everyone, distance learning. By the way, hobby clubs where people can teach each other something are very popular in Europe.
When a person invests in his own knowledge, he increases his value in the labor market. To increase your income, you will have to improve professionally. If you start to engage in your own development for at least an hour a day, you can quickly overtake your colleagues and become recognized experts in your field.
Connect with successful people
Social circle influences our life very strongly. It is believed that if we communicate with positive people who have achieved a certain degree of success, then we ourselves are charged with positive. Positive energy emanates from them, they are cheerful, sociable and willingly make contact. When such a person is around, we also want to achieve something. So this is a great incentive to change for the better.
For example, the rich and famous may dress and behave simply, but they mostly associate with people in their own circle. Just look at the legendary friendship between Bill Gates and Mark Zuckerberg. Since any investment should pay off, try to be surrounded by those who can be a positive example for you. Maybe over time you yourself will become an example to follow.
A successful person is not someone who never gets into trouble. But he tries to overcome adversity or simply steps over them. People who are offended by life and constantly complain, on the contrary, pull us down. When a person succeeds, they do not rejoice, but begin to envy him. If you fall under their influence, you can quickly become pessimistic and disillusioned with life. No one is born a loser; that's how we make ourselves.
Don't be afraid to pamper yourself
How often we are afraid to spend money, denying ourselves even the necessary. But do not put off life until later. You can feel the value of money only when you spend it freely, with pleasure. Let your salary not allow yourself to be pleased with expensive purchases, but a soft toy or a beautiful cup will not ruin your budget.
Smart investment in yourself plays a vital role in our lives. They help you enjoy it, plan your expenses and spend your money wisely. The investment methods that we have considered will definitely bring profit in the future.
Of course, my advice cannot be called ideal, because each of us knows our needs better. Set a goal for yourself and try to achieve it. Investing in yourself will be of great help to you in this.
You should always remember that investing in your own personality is not at all shameful, but pleasant and profitable. If we try to enjoy life, we will live longer, and most importantly, better.
"Most valuable asset that you have is yourself. Anything that improves your talents and skills is worth doing. " Warren Buffett.
Investing in yourself - it seemed a commonplace topic, until it comes to amounts, investment terms and payback.
Need to immediately decide what we want to get by investing in ourselves? Basically, we want money, but only in order to satisfy our true desires - to get pleasure, and get it constantly.
Investing in yourself is the most reliable of all other investment objects.
Of course, the investment process is not limited to money alone, it is based on "three pillars" that provide a solid foundation for future development:
- time spent or hours of work;
- strength;
- financial resources.
- the most difficult and not everyone can do in spite of seemingly simple things. They require a lot of time, money and effort - both physically and morally, mentally. And at the same time, this kind of investment should not be limited to any single aspect, investment in oneself - this is A complex approach to a change in the quality of life, which must necessarily include:
- strengthening physical and mental health;
- education, obtaining new skills and abilities;
- maintaining physical fitness and appearance;
- improvement of living conditions;
- getting new impressions, satisfaction from life.
If you want the best financial indicators on your own, then you need to focus not only on new skills, but also on health and appearance. Likewise, if your main goal is to become slimmer, then you need to invest not only in sports time, but also time management skills in order to manage to earn money, play sports, relax and spend on new clothes that will emphasize you, as well as interesting places. where you show yourself.
Consider where to start and how to achieve results, how much it costs and what is the payback period.
Physical health
This is an important part of investing in yourself, regardless of the goal. As I said, investing in yourself is like a cloud that includes a complex. No platitudes about nutrition and the fact that being healthy is good ... this is already clear to everyone. But the truth of life is that there are people who cannot work 14 hours a day due to health conditions. It can be, albeit a quick fatigue, which usually does not seem to be a disease. Nevertheless, a person can no longer work at 100% efficiency and cannot achieve success 10 years earlier, or even at all.
How much does it cost to invest in a body?
Sports can be done at home or at the stadium in order to save 3-5 thousand rubles a month (the average price of a monthly subscription to a normal fitness club).
For example, when I worked at the computer for 8-9 hours a day, it was uncomfortable for me to go to the pool every day, despite the fact that it is not far away, and in general it would not help much, since sitting for several hours in a row is already terrible harm to the body. To do this, I set an alarm for every hour, made a training program with my own weight and devoted 5-7 minutes to this every hour. 6-7 such sessions a day, 5 days a week. This is better than nothing, moreover, I gained tone and did not worsen my health, I began to do push-ups a lot more, and perform complex exercises. The workout was broken down by day and muscle group:
- Chest, triceps
- Legs, shoulders
- Back biceps
- Abs, joints
- Whole body
Before every five minutes I did a warm-up, stretching, splits.
This is of course an economy class, since the most effective method- these are classes with a personal trainer 4 times a week. It costs about $ 350 a month with us. Therefore, it all depends on your financial capacity... In any case, it pays off and pretty quickly.
By investing in your physical health, in half a year you can acquire the ability to work harder, rest better, look more attractive, which often affects your earnings.
According to statistics, people with an attractive appearance are hired, and not with three educations, but with glasses, with a mole and a belly. We will talk about this below.
If we talk about health, then teeth should be white, muscles strong, skin clean, organs like a Ferrari engine. In this condition you yourself want do more, better, more.
Investment in the body
Price: 0-300 dollars per month
Payback period: 3-6 months
Profit: an increase in productivity by 1.5-3 times, an increase in business activity, communication, and finances can affect within 6-9 months.
Psychological condition and habits
The psychological state is closely related to physical health, since the complexes and constraints of your body lead to stress, low self-esteem and depression. And this is in no way combined with a feeling of happiness and the desire to earn more.
A strong, self-confident person is the ideal to strive for. So, first of all, you need to protect yourself from stress and get rid of the root causes that can provoke such a condition. To do this, you need to dig deeper and understand what the inner complexes and fears are based on. It is not always possible to do this on your own, sometimes it is better to entrust yourself in the hands of an experienced specialist - a psychologist.
Note that: If you cannot solve the problem yourself, do not be afraid of professional help.
According to statistics, a psychologist does not pay off in money, although one lawyer said that thanks to him he has a good job because he did not fall into depression and inaction. However, by removing personal barriers in front of you, your path will be easier and more open. If you stop being angry and gloomy, but smile and enjoy life, people and money will be drawn to you with great pleasure and speed.
A striking example is the story of the famous physicist Stephen Hawking, who, despite a serious illness, which for almost half a century had chained him to a wheelchair, achieved significant success and world recognition, married twice, and has children. It's just that at one point he stopped being ashamed of his illness. But over time, he even lost the ability to speak.
In short - if you have problems - solve them. If you find it difficult to live with your neighbors or roommate - change your place of residence, if you have complexes - get rid of them, if you are often angry, grumbling, nervous - change, solve internal problems, find the reason and solve.
An important component of mental health is habits... It is worth taking a little time and thinking about which human qualities and habits seem not only the most attractive, but also necessary and useful. Do I need to eat bread with everything? Do I need to sit on the phone before bed?
Psychologist and speaker Jim Rohn wrote the following in one of his books: “Success is nothing more than a few simple rules observed daily. "
Once I sat down and for several days, for the sake of experiment, wrote down everything I did in time. I thought that in general I do everything and everything is good for me, but after recording these days, I saw that I could freely carve out 2 hours a day! 2 HOURS A DAY! Plus 14 hours a week, like the eighth day!
Think about your habits, because a lot you do just mechanically, but should you continue to do this?
Investment in psychology
Price: 0-20 dollars per week
Payback period: 7-180 days
Profit: Usually, certain solutions only involve costs and there is no direct return on money. But letting go of problems gives you the opportunity to focus on development, so indirectly, profit is individual.
Education, new skills and abilities
One of the main and most common investments. Only now we are not talking about a university or sewing courses. Every healthy person should have a dream and a goal, and the longer we don’t tackle them, the further they move away from us, as all technologies become more complicated over time.
For example, before it was enough to sew a dress and go out to the market with it and sell it on the same day. This is what a friend of mine did 20 years ago. This was the beginning of her large workshop. But with the advent of marketing, shopping centers, competition, the development of doing business in general, management, the development of sewing equipment technology ... everything began to change, except for my friend. She simply did not develop, so she had to quietly fire 24 people and close the business within 5 years. Although there were all opportunities to develop, well done that she managed to buy 3 apartments. A second friend at the same time decided to develop and still has a thriving business, also in the field of sewing and fabrics.
Learning is important. Each skill can become a profession.If you have a small business - invest in your training, learn not only the basics of management, but also a deeper knowledge of this, because even the smallest details can double sales, and modern knowledge can extend the life of your business for years forward.
- I liked the advertising campaign of the company that produced ordinary pillows. They said that bacteria, spiders, worms, bedbugs eventually settle in the pillows ... and showed them under a microscope. Sales have quadrupled.
This move was not an accident, but a planned company. Development and learning can make you a millionaire.
Investing in knowledge
Price: $ 10-300 per month
Payback period: 1-5 years old
Profit: As Robert Kiyosaki, an American entrepreneur, said, “ Every dollar spent on financial education will return tenfold to you ". Basically, having spent time and money once on training, people live it for the rest of their lives, or multiply their capital at times.
Appearance
Appearance is a few characteristics:
- skin condition;
- hairstyle and makeup;
- quality wardrobe.
Oily sheen, acne and inflammation are a repulsive sight. And the first step on the road to success is solving skin problems. You should not even try to do it yourself with the help of inexpensive creams and scrubs bought on the market; here you definitely need a consultation from a cosmetologist. Only with the right approach, taking into account all the characteristics of the skin and the body, can you achieve positive results.
Clothing for a man on the road to success is very important. It is necessary right now to turn over your wardrobe and give up old, worn out, albeit favorite, things. And you should not leave them for home wear, because even in your own walls you need to correspond to the level desired by the bar. The same goes for underwear. Fading or darned fabric will not give you confidence, and those around you will react to that.
Read up on style literature, ditch the flip-flops, non-athletic sneakers, sandals, and other clothing that won't add $ 1,000,000,000 to your look.
Items can be purchased according to the one-third rule. Instead of three shirts, buy one, but made from natural fabric, good brand, expensive cut. In good men's clothing stores, there must be a tailor who can fit any clothing just for you, do not neglect the services of a tailor in these cases.
Price: $ 900-20000 per season
Payback period: 0 - 60 days
Profit: Classic, serious, strict, courageous, expensive appearance can pay off immediately, but all individually. After all, you can meet a girl and not hit your face in the mud, but you can give a positive opinion on the employer, in conjunction with your new skills and physical shape, you can be chosen as a new director or performer. Clothing does not bring direct income, but it can influence them in many situations, attract the right and interesting people.
How not to go too far
An important rule to remember in order to successfully invest in yourself is not to overdo it. There is no need to rush to the top with the search for suitable clothes, spend the last money on learning a new profession, buy a bunch of medicines to solve health problems.
- All investments in oneself are based on rationality, refusing unnecessary and poor quality conditions.
- You don't need to buy 3 expensive shirts - buy one instead of three.
- You don't need to go to an expensive psychologist, you can just talk to your friends and ask why you might have a problem.
- You do not need to go to expensive advertised trainings - it is better to buy one or two books by foreign authors.
- You don't need to go to the most expensive fitness club - you can start by jogging in the morning.
Read motivating and smart books, communicate with interesting people, attend trainings, look for new knowledge. Investing in your knowledge is interesting in itself, but it can still pay off many times over in your work.
I recently came across a saying that investing in oneself is not subject to inflation (that is, depreciation over time). That is why it is believed that investing in yourself is the most best idea... All in all, this is a pretty reasonable idea. And today we are just going to talk about what a personal resource is and how we can invest money in ourselves so that these costs may bring returns in the future.
When I studied the topic of knowledge management, it turned out that knowledge constitutes the bulk of the assets of any company. That is, the totality of the skills, abilities and intelligence of the team and the entire firm. It is no coincidence that innovative companies are significantly more expensive than other large organizations, but with less intellectual potential. Through knowledge and self-development, you can qualitatively improve your life, but at the same time, when you invest time and money in yourself, these new abilities will not only not depreciate over time, they will become a driving force for your self-development in the future. At the same time, investments in oneself cannot be taken away, stolen or depreciated due to the economic crisis.
Why conventional investments do poorly
Investing in a dream or experience
For example, I dreamed of buying a car for a very long time. And there was a period in my life when I managed to get a very good income in business. I went to car dealerships for a long time and thought about which car to take. At some point I thought: what is the use of the money that I have earned if I do not use this money for its intended purpose? I collected all the money from all the bank accounts and also borrowed a lot of money from my parents. As a result, I bought a car, which I had not even dreamed of initially. It was a very big and significant purchase for me. The first car in the family became a real friend. The first months she brought a huge amount of positive emotions, brought a new experience. And today the car helps in everyday affairs and is a faithful friend and helper of the family. It was a good investment for me.
Yes, from the point of view of a financier, the car is a real black hole... She constantly demands money for service. For example, this month I had to buy a new set of rubber, which cost about 25 thousand rubles. But the help that the machine provides in business and how much time it saves cannot be counted in money. This is a qualitatively new level of life.
You don't have to buy a car. For some, travel is important in life. Why not go to interesting places and relax in Europe, the countries of America or where you have dreamed of getting to all your life. Invest in experiences or in your dream business.
For example, if I have free money, I will be happy to try to launch new business... For example, a mini coffee shop. My first business was in the creation of online media. Now he smoothly flows into the creation of his video channel on Youtube. And in the future I will probably find where to apply the new money. Because for me owning a business is always a new thrill and this is interesting to me.
You can invest in your hobby. For example, you can start taking photographs. It is not a fact that these investments will ever pay off. But you are unlikely to regret spending your money on such things.
Buying a vacation for yourself
I totally relaxed last summer. Almost all the time I was engaged in walks around the city, jogging in the woods with friends, cycling reels. He was engaged in work insofar as. And, oddly enough, after the end of the summer, I had a new idea - what to do now. It was then that I finally decided that I would try to deal with video content. And you know? It's worth trying at least once - to devote the whole summer to yourself, not to think about work and some business. It was the best summer of my life - no exaggeration. Before, I was always engaged in work, study, entrepreneurship. Anything but yourself.
Investing money in self-development: books, trainings, and so on
Developing yourself is a great idea. Improve your skills, revise your habits, read books in the specialty and general development in business topics. All this costs a penny, but can dramatically improve the quality of life. Here, of course, it will be necessary to invest not only and not so much money, but rather - it comes about investing your time in self-development.
In particular, I try to read educational literature and implement some interesting ideas. For example, I recently read Willpower by Kelly McGonigal. This book helped me to get rid of the habit of playing online games. Now I'm in the business of reading a book by Art Markman. The book is called Rational Change. Thanks to this book, I started my second self-development site. I included in my daily routine the habit of working on the portal site for an hour before going to bed, and for the third day in a row this new habit does not fail. If everything goes in the same spirit and further, then in a year or two the site will become quite well-known and promoted.
Investing money in health
Simple revision of your diet and inclusion of sports in daily life can qualitatively improve your health. Ultimately, healthy sleep, balanced diet and sports can improve your quality of life in the long run.
Here and now, you may not notice it. But every year we are not getting younger. And thinking ahead of the curve here is something that would be useful to every person.
In the dry residue
Some financiers advise investing in health, education and recreation. In fact, we talked about all these aspects today. Whatever happens to stock market or with the exchange rates of the dollar, euro and ruble, but your health, the level of personal development will give you more than the thickest bank account. Eliminate stress from life, invest time and energy in self-development. And you will see the results very quickly.