What’s your single smartest investment? That’s easy. You.
Ask people to nominate their best investment and many will say a rental property or shares. But when it comes to getting the most out of what you put in, putting time and effort into yourself is one of the smartest investments you can make.
So, how do you invest in yourself?
Most of the time, when people talk about “investing” they talk about a monetary investment, but there are many ways you can invest in yourself and not spend a dollar. Find the time and invest it back into yourself. The effort you put in will give you immediate rewards, and long-term benefits. Some great ways to do that are:
Invest in a hobby
We all think we don’t have time to pursue a hobby, but the simple fact is, we do. Have you always wanted to learn another language, play the guitar or teach yourself how to knit a scarf? There is no time like the present to learn! When you think about how many endless hours we sink into trashy TV, perhaps this means you ditch an episode of The Masked Singer and practice your Italian, or you wake up early to strum the guitar.
If you’re stuck on ideas for hobbies, lanewaylearning.com will help you find a class that might interest you in your city. Anything from cupcake making to Bollywood dancing!
Raise a hand to volunteer
People choose to volunteer for a variety of different reasons, but a fortunate consequence of volunteering is making new friends, learning new skills and feeling happier and healthier. A key benefit of volunteering is being able to express and facilitate an opportunity to work on a matter you feel strongly about. For example, if you are greatly concerned about the treatment of animals you could volunteer at an animal shelter and feel like you’re addressing a problem that is meaningful to you. Volunteering strengthens your ties to the community and broadens your support network exposing you to people who have common interests doing fun activities.
Focus on your relationships
Often the general distractions that come in life make it all too easy for us to take our loved ones for granted. It takes more than one person to nurture a long-lasting and emotionally strong relationship but the best way to start is with you. Make the time and be present - It’s amazing how much you can get out of the relationships once you become truly present in them. While you’re with family and friends it can be tempting to check your screens, so some of this takes practice, but if you develop active listening skills the rest should come easy.
With so many options available, 2020 could be the year you double your greatest investment, and that sounds like a very high rate of return.