Interested in starting a dialogue about personal finances and how best to educate ourselves to achieve financial independence.

It's Time to Start Investing in Yourself

It's Time to Start Investing in Yourself

You can't spend ten minutes on the internet, without running into an article about index funds, cryptocurrencies, peer-to-peer lending, or some other kind of investment opportunity. But, when is the last time you invested in yourself?

Vote with your dollar, vote for yourself

You've probably heard the phrase, "vote with your dollar." It implies that, because money is a limited resource, you'll spend your money on things that you value most. Shouldn't you be at the top of that list?

Most of us don't have a long line of people waiting to invest in us. So, that leaves you, good ole' number one. That's nothing to be upset or concerned about, just something to recognize. 

Nurture your inevitable success

We're quick to feed ourselves when we're hungry or sleep when we're tired. These are life's necessities. But when it comes to personal finances, so is nurturing your inevitable success.

For example, if you have a lofty savings goal, but don't bring home much income. It's going to be much harder for you. But, maybe you're only a course, a conference, or a certificate away from that pay bump at work. With that extra income, you'd be well on your way.

Or, maybe you need a well-deserved vacation. Focusing one hundred percent on work can be exhausting. You don't want to risk doing less than your best, because you've been ignoring your health. And yes, health is a huge part of personal finance.

No health, no wealth.

It's not a race to the finish line

You'll need an understanding of where to invest. We all have different circumstances and goals. What are your gaps or shortcomings? What is standing between you and the person you want to be?

In the stock market, it is general wisdom to invest in riskier, more rewarding stocks when you are younger. And, to gradually become more risk-averse as you grow older. I would argue, investing in yourself is not too dissimilar. 

Ideally, you want to invest in yourself heavily at the start, experiment early, and find more stability as you age. Too much volatility in your old age can be uncomfortable, at best.

Just remember, it's not a race to the finish line. There is a lot of work in between, and what a shame it would be not to enjoy it. Treat your future self with some love and respect. Investing in yourself now is a great way to do just that.

Stop Living Paycheck to Paycheck

Stop Living Paycheck to Paycheck

Why We Keep Our Finances Separate

Why We Keep Our Finances Separate