When people talk about investments, it’s easy to assume they mean plowing as much money as they have into a savings or bonds scheme or even the stock market. The one place that never seems worth your money to invest is usually yourself. However, investing in yourself is one of the things that you should be doing to ensure that you stay ahead of the game and keep your mind sharp. If you want to invest in yourself but you don’t believe that you have the time, you need to rethink your priorities. You could already be a successful member of a company that you are working in – whether that’s IT or construction – but perhaps you want more. Success isn’t just about making money, but putting it into yourself can be a way to expand your mind as well as your future. The very best investment that you could make this year is in yourself, so let’s take a look at four top ways to invest in yourself in 2019.
Education is critical, and whether you want to learn more about your chosen trade or you want to switch trades and achieve CIS registration, you need to read more. Reading as much as possible, from books to magazines, is going to give you the power to really push through a slump in your career. Books take you places you’ve never considered, and they open up new worlds that allow you to enjoy yourself better. It doesn’t even have to be via books; podcasts and audiobooks are fantastic!
Boss Your Cash
So, you may not yet be the boss of your own company, but you can be the boss of your life. Take charge of your finances and get your spending and savings under control so that you have the money to invest within yourself. Eradicating your debt? An excellent way to invest in your future and make you more trustworthy in the eyes of the bank.
Invest In Your Future
Have you thought about your retirement yet? Investing in your future is just as important as investing in your present. Map out the type of lifestyle that you want to have and how you want to afford it. You want to ensure that you are putting your cash in the place that is going to be best for you later on, so talk to a few retirement investment companies and learn which have the best option for you. Never wait around to save for your future. If you are in the US, you will definitely want to weigh up the pros and cons of an ira vs 401k.
From classes in a new trade to a refresher course in the job that you already enjoy, you should continue to invest in your learning for as long as you can. You can expand your mind and your experience by doing this, which in turn invests in you stepping up the ladder in your future.
Take the time to realize that you are the best investment that you can make, and you can free yourself from the self-set rules you gave yourself.