Investing in Yourself - What a Financial Adviser Taught me
Becoming stronger in any area of your life shares a lot of similarities with investing in your financial future. So let’s talk about what I learned from a financial adviser about investing in your most important stock: yourself.
Starting Early
One of the first things you learn about financial investing is that the earlier you start, the better. The sooner you starting putting money away, the long it has to grow. As the base amount gets larger, even the same percentage of growth leads to larger and larger gains. Sound familiar? It should.
The sooner you start investing in yourself and your future with your choices, the more time you have to build on your results. The longer you have to grow, to learn, to fail, to improve. Stocks, mutual funds, and many other kinds of financial investments have a fluctuating percentage of growth that will drop and even fall into the negatives at times. However, in the end, if you have invested wisely, the overall growth is immense. If you start early, even a small amount can lead to significant growth.
Your mind, body, skills, and goals are no different. The sooner you start applying yourself, the longer you have to see the dividends. But even if you’re starting late, just as with your finances…
It’s Never Too Late
I’ve heard far too many people talk about how it’s “too late” for them to repair or improve an area of their lives. There are grandparents power lifting right now, so I personally call this into question. If you are alive today, then it’s not too late to invest in yourself. You just need to make some hard choices and divert your resources to where they matter: yourself.
Just as even someone who’s spent their whole life wasting their money on frivolous things can start investing with even a few dollars, you can start investing in yourself with some very simple choices. The important thing is that you start now, today. If you don’t know where to start, that’s part of what this community and our personalized coaching sessions are for. Get on track with the small, simple self investments that will pay out no matter how small you start. We’re all here for you. You just need to get started.
How do You Invest in Yourself?
As always, I want to hear from all of you. Tell us about how you invest in yourself, about how and when you got started, and what your payouts have been.