Everyone looking to get rich quick tends to overlook the absolute safest investment anyone could ever make… with the highest ROI.
Everyone talks about investing and getting rich quick. By investing I mean, investing money into something that’ll get you a return on, better known as ROI. You can invest in stocks, real estate, angel investing, cryptocurrencies, etc. However, with each investment comes some sort of risk. Yes, some higher than others but people tend to overlook one investment that’s guaranteed to give you one of the strongest ROI throughout your entire life. It’s an investment in yourself. By investment in yourself, I don’t mean going on a shopping spree because it makes you feel good or binge drinking to take all the stresses of the world away.
I mean taking that money you were thinking of spending on items you don’t need or investing in the stock market and investing it something that’ll advance your skill set, knowledge, experience, network, and overall value. An investment in yourself today will pay out massive dividends, in the future. The best part about it is you’re never too old to invest in yourself!
Is Investing in Yourself Actually Worth It?
At this point, you’re probably wondering is this really worth it? Everyone who’s ever been on a plane has heard the flight attendants tell you to make sure you secure your own mask before helping others. That’s due to the fact that if you don’t help yourself first, you run the risk of hurting yourself or even others in the process. Sometimes you need to be selfish. It’s alright just give yourself permission. Hell if you’re too nervous, I give you permission to be selfish. Just look at yourself in the mirror and say…
But in all seriousness, you don’t need to sacrifice yourself to help others get ahead. Some people have this mentality that in order for others to succeed they need to make a sacrifice. This way of thinking is far from the truth. You can have it all, you just need to start thinking that you can. You’ll make it work. You see this a lot with parents (mothers especially) and with people in the service industry. For instance you’ll see the doctor or nurse whose job it is to increase people’s quality of life and standing health, but they let their own health go to the wayside in doing so. Or you’ll see the parent sacrifice their own hobbies and social life because they feel the need to be with their children 100% of the time. Then, when the kids leave the nest, they find out they’re miserable. It doesn’t need to be this way.
I’m not saying you won’t make any sacrifices. However, there are unhealthy habits and choices you can cut to make way for new, healthier options. The average American watches something like 4–5 hours of TV a day. Huge opportunity. Maybe you optimize the time you have when you’re awake but wake up at 7 a.m. every day. If you wake up at 5 a.m. every day you’ll gain 730 hours in a year. That’s 30 extra DAYS. What would you do with 30 extra days? Math.
Let’s say you want to be a real estate agent and invest the time/money to do so but find out you suck. Even if you fail at being a real estate agent, you can learn extremely valuable information that makes you an excellent investor or saves you from making a terrible real estate purchase. It may not pay off now but down the road it may pay off big time.
In short, an investment in yourself is always worth it. You’ll increase your overall value along with your confidence, expertise, and quality of life. Not only that but there’s very minimal risk.
Creative Ways to Invest in Yourself
Investing in yourself doesn’t have to be vanilla. There are so many ways to invest in yourself a lot of people just need some inspiration. So here’s some creative ideas just off the top of my head:
- Start taking cooking classes. You may love food and want to learn how to make amazing meals. Food is the way to the heart! Not only that, but an excellent cook will definitely get you a point added to your hotness level in a relationship… so if you’re a solid 5, cooking like Gordon Ramsay is guaranteed to make you at least a 6.
- Learn about investing money. Instead of dumping money into something you really don’t know, take that money and invest in your knowledge about financial investing. Getting rich quick doesn’t work. Don’t wait till you lose big to find this out.
- Take notes. Taking notes is guaranteed to increase the amount of information that you truly retain. Sometimes investing in yourself just requires more effort. Great option to help you work smarter.
- Go to networking seminars. There’s a saying that your network is your net worth. Knowing the right people in life can open up countless doors and opportunities. So what if you have to pay for it?
- Read. Not the most creative but extremely overlooked. I share this one because I solely believe that you can increase your knowledge and expertise through reading. Just think of Game of Thrones… How would they ever have known that dragon glass kills white walkers if Sam never read about it? They wouldn’t and the world would have ended! If you’re needing a list of great business books check out The 50 Best Business Books to Read in 2019.
- Take a public speaking class. Terrified of speaking to a group of people? What better way to overcome that fear than to take a class. Public speaking can increase your personal value exponentially, in your career.
- Workout. Some people hate working out. Suck it up we all do… till you learn to love it. Solid workouts don’t need to last hours. A 30 minute run can make a world of a difference. I don’t care who you are everyone has an extra 30 minutes in their day.
- Eat healthy. Want to have more energy throughout the day? Put down the potato chips and pick up the hummus dips… or how about say no to sweets and yes to some more beets? All jokes aside, eating healthy will literally help you live a longer, fuller life and allow you to be more active. Don’t overlook this one.
- Purchase training programs. There are many options out there that are specifically tailored to various industries. Just find one that pertains to your industry and dive in! I purchased one that was over $1,000 and it was a great investment. It helped make me way more money in my current role and paid for itself many times over and will continue to do so.
- Join a program to help you quit a bad habit. Quitting something like smoking or drinking will make you feel so much better.
- Go travel. You can learn a lot about yourself when you travel. Not only that but it’s a great way to experience nature and rebalance your life. It doesn’t need to be anything extravagant. Maybe all you need is a camping trip.
- Find a mentor. What better way to learn and grow than from someone who’s already done what you’re trying to accomplish? This strategy is bound to accelerate your growth.
- Start a blog/vlog. The greatest way to show full understanding of something is to teach it to others. Even if you’re still wondering if people ever read what you put out there…
These are just some of the endless examples that are out there at your disposal! The options are endless for you. All you have to do is find out what you want to do and take action.
3 Things to Watch Out For
- Not having any skin in the game. My brother recently called me and told me about this awesome book that he heard about. It sounded great and I was interested in checking it out. Then, he asked if I wanted to go in on it with him 50–50%. I said no. Not because I didn’t want to pay or couldn’t afford it. The audio book was $13 or something like that. I declined the offer because I knew the less skin he had in the game the less likely he was to follow through and actually listen to it. The less invested you are in something, the less likely you’ll be to follow through. This plays along with the sunk cost fallacy.
- Substituting an unhealthy habit for another unhealthy habit. If you quit smoking just to pick up vaping, are you really doing the best you can do? This one kind of speaks for itself.
- Not taking action. No matter what, knowledge is NOT power. Action is power. If you’re spending all this time and effort investing in yourself, it won’t do you any good if you’re not applying what you’re learning. More people struggle with this than you’d think. Just get up and do it. Don’t procrastinate taking action.
Ultimately, an investment in yourself should be the first thing you do before looking into other avenues of investing. It’s always worth it. Don’t go another day without investing the proper time and money into yourself. You’re worth it, aren’t you?
If you liked this post, check out some of my best work with How Social Proof Dominates Your Life or The 6 Things You Must Know Before Entering a Negotiation.