page top

Why You Should Invest in Yourself

Attention: open in a new window. Print

Invest in yourself for the best return on investment

The term ‘invest’ is more often than not used in reference to property, shares, some kind of financial commitment, or the purchase of an asset which is intended to increase in value over time or improve an outcome. 

But investing can also refer to ‘effort’ and or ‘time’, not simply a monetary contribution. We can also invest in people, not just ‘things’. We can invest in relationships (including the one we have with ourselves) as well as own personal and professional selves. However, investing in ourselves is not often something we budget for, or make a priority. We may unconsciously invest in ourselves when we make decisions which have a positive impact on our lives, but it’s not common for the average person to put aside money for their own self development. When people go to see a broker to talk ‘investment’ it’s not to discuss signing up to a local yoga class, subscribe to the local organic veggie box or enrol in an online business school.

Investing in your personal and professional growth will not only yield future returns, it also presents you with ‘right now’ benefits. The time, effort and money you invest into yourself will have a direct impact on the quality of life you experience now and well into the future.  Some of the most successful people alive today attribute much of their success to their investment into their own personal development and wellbeing. Investing in yourself helps to create a strong and secure foundation with which to build on throughout your life and will impact your ability to prosper, perform, achieve your goals and live to the fullest.  

Here are some simple examples of how your can invest in yourself

Self Development:  

Courses, workshops, reading ‘self-help’ books, embracing new experiences, travelling, expanding your awareness and horizons, pushing your boundaries and comfort zones all to help create a rich life experience.  Engaging in personal growth may give you the opportunity to improve the following:

  • Confidence
  • Listening skills
  • Empathy towards others
  • Being more focused, gaining more clarity 
  • Your ability to set and achieve goals
  • Being more organised 
  • Confronting and overcoming fears
  • Moving beyond self doubt
  • Your ability to cope with change

 

Learning, training, and skills development: 

Enrolling in TAFE, university or other short courses or training to expand your skill set, increase your knowledge base and expertise or to develop a specialty can all contribute to a more satisfying and rewarding career.  Investing in skills and training may result in the following: 

  • Broaden employment options and career prospects 
  • Increase productivity 
  • Encourage innovation
  • Increase earning potential
  • Increase confidence in the workplace 
  • Improved job satisfaction

 

Health and Well-being: 

No matter how well your shares are going on the stock market or how many investment properties you might have, without good health these are worthless. Your health is one of your most valuable assets, and spending money on improving your wellbeing should be a priority.   Investing in healthy, nutritious food, fitness, and stress reduction are all valuable ways to look after the essential assets that are your your body and mind and may assist with the following: 

  • Reduced stress
  • Increased energy and productivity
  • Improve sleep
  • Improved mood
  • Increase overall health
  • Improved life expectancy
  • Reduced potential medical costs
  • Improved relationships

 

As you budget for 2019 and allocate funds towards your various financial commitments and goals, don’t forget to keep some aside to invest in yourself, it’ll be one of the best return in investments you are ever likely to experience.  Your future self will thank you for it!  

Alison Gallagher is a freelance writer, resourcefulness expert and entrepreneur. She has been featured in various publications including Stellar Magazine, Australian Health and Fitness Magazine, and Cleo Magazine. Alison is particularly passionate about sharing practical tips on how to live simply, sustainably and seasonally.