We run a personal finance blog. I can’t say this enough but saving and investing are important actions to take to grow your net worth and more towards financial independence. I’m sure you check your accounts, invest on a regular schedule and manage your portfolio with all the tools you have at your disposal.
But how often do you invest in yourself?
Invest in Yourself:
I recently got a promotion at work. It was about 3 years from when I started working towards it to when I actually got it. It was a lot of time, effort and energy spent to reach that goal. I constantly put myself in uncomfortable situations so I would learn and grow. I took feedback about my message, my leadership skills and even my tone of voice and improved where I could. (For those of you I met at the CPFC16 or listened to our podcast my voice is pretty high). The amount of work to get me to a point where I felt confident was a lot and many, many times it was difficult. I often thought I should have given up. There were times I didn’t want to spend another evening prepping for another panel interview.
Investing my time wisely:
One of the biggest ways that I grew during this time was listening to books in my car during my daily commute. It’s about a 40 minute drive each way (Toronto commuting is a dream) and especially in the morning I found myself just turning off the radio in my car because I didn’t feel like listening to anything that was on. I knew I was going to have to spend that time every day in the car so I thought about multi-tasking and listening to some non-fiction books to help me learn and grow.
Off to the Library I Go:
So I made my way to the local library and found my first audiobook and have been on a roll ever since. The order I have listened to them has been random but they all fit together so perfectly; building the topics and thoughts as if it was meant to be. So far I have listened to 8 books and they have been about leadership, motivation, productivity and influencing.
I know that this is such a simple thing to do but I invested my time in listening to books and learning new skills and perspective. This has helped me in my day to day job, in my panel interviews for my promotion and even with running Couple of Sense.
You don’t have to spend a ton of money either:
You will have to invest time to but there are ways that you can do this without spending a lot of money. There are so many people on the web who just want to share their knowledge with the world. The local library is a great resource as well. I went to the library because I have a storage issue and not a lot of room left in my bookshelf. I am thrilled that I am able to listen to as much as I can while being a mindful consumer as well.
Why You Should:
Because here’s the thing, you are worth the investment. If you invest in yourself and growing your skills will give you a richer life. Not just financially rich but a more whole and fulfilling life. When you learn more, in or outside the classroom, your mind expands and you are able to take on a variety of tasks and grow in a way you never thought possible.
The Other Kids are Doing It:
According to the University of Toronto’s School of Continuing Education Studies the enrollment has grown yearly by 11.4% from 2008 to 2015. That could be because we had a pretty bad recession and keeping up with your education inside the classroom helps get you further ahead. It also could be that with technology improving in terms of online learning it is making more learn after graduation more accessible.
And On a Money Note:
This is why many people say having insurance, especially disability insurance, and getting it when you are young is important. You are your most valuable asset; you have an ability to earn an income. Your ability to earn is important and directly related to how you can advance in your financial goals.
Invest in yourself and make sure you invest in your ability to thrive and grow in this ever changing world.
When was the last time you invested in yourself? What did you do?
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p.s. In case you are curious here is the list of books I have listened to over the past 9 months:
- Start with Why by Simon Sinek
- Leaders Eat Last by Simon Sinek
- Lean In by Sheryl Sandberg
- Drive by Daniel Pink
- To Sell Is Human by Daniel Pink
- The Power of Habit by Charles Duhigg
- Big Magic by Elizabeth Gilbert
- Smarter, Faster, Better by Charles Duhigg