Advertising
Advertising

Eighteen Ways to Invest in Life

Eighteen Ways to Invest in Life

Read Next

Scroll down to continue reading article
class="bigphoto">
20070905-coins.png

    Do you invest your money? Putting away a portion of your income into an investment plan creates more money later. With interest rates and financial pundits it is easy to see why financial investment makes sense.

    Advertising

    But what about investment in other areas? Do you invest in your time, brain, body or space? What about investments in the books you read and friends you meet? Although few areas of life have the precision of an investment account, applying investment principles to other situations can have incredible gains.

    Advertising

    Here are a few started points to consider your investment into life:

    Advertising

    1. Mind. How much time do you spend learning? Not just studying for mandatory courses, but subjects you seek out only to learn. You can’t predict the value new information will have until you learn it. So pick up a book and start investing in your brain.
    2. Body. Until medical science allows full body transplants, your stuck with your body for awhile. Putting in the right investments of exercise and healthy eating will ensure it can pay out later. Extra energy, less sick days, increased mobility and a longer life are just a few of the returns.
    3. Skills. What skills may come in handy later? Knowing how to prepare your taxes? How to fix your computer? PHP? Spend a half hour each day investing into a skill.
    4. Order. A small amount of time spent creating an organizing system can save dozens of hours otherwise lost. A simple system to order your tasks and office will keep mess from compounding.
    5. Tools. Need to upgrade your computer? Or maybe you just need to do a quick reformat to clean out the hard drive. Craftsmen keep their tools sharp, why not yours?
    6. Writing. Do your e-mails look like they were written by a thirteen year old on an instant messenger chat screen? Writing isn’t going away any time soon, so learn to communicate clearly in print.
    7. Network. Building a professional and private circle of friends is something you can’t do on demand. It takes considerable upfront investment, often when you don’t really need it. But having an extended network can give you access points to opportunities later.
    8. Communication. How are your speaking skills? Can you do a fantastic cold call? Are you good at talking to strangers? How about empathizing with a friend? Find opportunities to invest in your communication skills.
    9. Stories. Are you living a life worth talking about? I like to see interesting experiences as being investments in stories later. Do something worthy of telling stories later.
    10. Courage. Make getting uncomfortable a habit. If you regularly flex your emotional muscles in handling new situations you are better prepared for when you really need to. You don’t need to take huge steps, just small investments.
    11. Work Ethic. Invest in creating the character traits to get stuff done. Investing in these core traits are easier because the act of investment is useful in itself. While exercising at the gym may lead to a healthy body it doesn’t create new value. Finishing projects, building discipline and developing a productivity system will invest in a work ethic while adding value.
    12. Leaky Faucets. The drip-drip-drip of a leaky faucet can waste huge amounts of water over time. But water loss isn’t the only type of leaky faucet you can encounter. If a problem is small but likely to reappear, fixing it immediately can save enormous costs later.
    13. Habits. Your regular routine is an often neglected but incredibly important aspect to consider. You can’t turn yourself into a robot, but you can take simple steps to ensure your daily activities flow smoothly. Eating habits, sleeping habits, work habits and your daily rituals all contribute to your life.
    14. Strong Connections. Networking isn’t just about adding names to a Rolodex or a Blackberry. Having close professional and private bonds can be an incredible asset. Investing in empathy, listening and softer, more passive, skills can be an incredible asset in making you a people person.
    15. Rest. Frustrated stress is an emotional debt. Although it’s good to have a challenge you also need to invest in your psychological well-being. Finding outlets for frustrations and creating rituals to recover your energy can ensure you don’t accumulate debt payments later.
    16. Basics. Invest in the areas of your life that come up frequently. If mastered, basic skills, routines and places can reduce the amount of work you need to do. Basic skills such as cooking, reading, exercising and listening all benefit from investments.
    17. Appearance. You could definitely argue that the world is far too shallow, and I’d have to agree. But your appearance and attire is a subtle form of communication about yourself. So if you’ve been sporting the four day stubble and your shirt has one too many holes, maybe it’s time to invest in that first layer of communication.
    18. Business. Anyone who tells you that running an online business or self-employment is easy is either a liar or a fake. That being said, working on your entrepreneurial skills has advantages that go beyond money. Besides doing something you love, you can make new connections, build a reputation and immerse yourself in an environment of learning. I know many people that have started businesses, and while it definitely takes work, the investment is usually worth it.

    More by this author

    Scott H Young

    Scott is obsessed with personal development. For the last ten years, he's been experimenting to find out how to learn and think better.

    How to Motivate Yourself: 13 Simple Ways You Can Try Right Now 15 Ways to Cultivate Lifelong Learning for a Sharper Brain 18 Tricks to Make New Habits Stick 18 Tips for Killer Presentations 7 Rules to Live by to Get in Shape in Two Weeks

    Trending in Featured

    1 7 Steps For Making a New Year’s Resolution and Keeping It 2 New Years Resolutions Don’t Work – Here’s Why 3 40 Top Productivity Apps for iPhone (2019 Updated) 4 How to Become an Early Riser and Stay Energetic Throughout the Day 5 Lifehack Challenge: Become An Early Riser In 5 Days

    Read Next

    Advertising
    Advertising
    Advertising

    Last Updated on January 2, 2019

    7 Steps For Making a New Year’s Resolution and Keeping It

    7 Steps For Making a New Year’s Resolution and Keeping It

    Are you keen to reinvent yourself this year? Or at least use the new year as a long overdue excuse to get rid of bad habits or pick up new ones?

    Yes, it’s that time of year again. The time of year when we feel as if we have to turn over a new leaf. The time when we misguidedly imagine that the arrival of a new year will magically provide the catalyst, motivation and persistence we need to reinvent ourselves.

    Traditionally, New Year’s Day is styled as the ideal time to kick start a new phase in your life and the time when you must make your all important new year’s resolution. Unfortunately, the beginning of the year is also one of the worst times to make a major change in your habits because it’s often a relatively stressful time, right in the middle of the party and vacation season.

    Don’t set yourself up for failure this year by vowing to make huge changes that will be hard to keep. Instead follow these seven steps for successfully making a new year’s resolution you can stick to for good.

    1. Just pick one thing

    If you want to change your life or your lifestyle don’t try to change the whole thing at once. It won’t work. Instead pick one area of your life to change to begin with.

    Advertising

    Make it something concrete so you know exactly what change you’re planning to make. If you’re successful with the first change you can go ahead and make another change after a month or so. By making small changes one after the other, you still have the chance to be a whole new you at the end of the year and it’s a much more realistic way of doing it.

    Don’t pick a New Year’s resolution that’s bound to fail either, like running a marathon if you’re 40lbs overweight and get out of breath walking upstairs. If that’s the case resolve to walk every day. When you’ve got that habit down pat you can graduate to running in short bursts, constant running by March or April and a marathon at the end of the year. What’s the one habit you most want to change?

    2. Plan ahead

    To ensure success you need to research the change you’re making and plan ahead so you have the resources available when you need them. Here are a few things you should do to prepare and get all the systems in place ready to make your change.

    Read up on it – Go to the library and get books on the subject. Whether it’s quitting smoking, taking up running or yoga or becoming vegan there are books to help you prepare for it. Or use the Internet. If you do enough research you should even be looking forward to making the change.

    Plan for success – Get everything ready so things will run smoothly. If you’re taking up running make sure you have the trainers, clothes, hat, glasses, ipod loaded with energetic sounds at the ready. Then there can be no excuses.

    Advertising

    3. Anticipate problems

    There will be problems so make a list of what they’ll be. If you think about it, you’ll be able to anticipate problems at certain times of the day, with specific people or in special situations. Once you’ve identified the times that will probably be hard work out ways to cope with them when they inevitably crop up.

    4. Pick a start date

    You don’t have to make these changes on New Year’s Day. That’s the conventional wisdom, but if you truly want to make changes then pick a day when you know you’ll be well-rested, enthusiastic and surrounded by positive people. I’ll be waiting until my kids go back to school in February.

    Sometimes picking a date doesn’t work. It’s better to wait until your whole mind and body are fully ready to take on the challenge. You’ll know when it is when the time comes.

    5. Go for it

    On the big day go for it 100%. Make a commitment and write it down on a card. You just need one short phrase you can carry in your wallet. Or keep it in your car, by your bed and on your bathroom mirror too for an extra dose of positive reinforcement.

    Your commitment card will say something like:

    Advertising

    • I enjoy a clean, smoke-free life.
    • I stay calm and in control even under times of stress.
    • I’m committed to learning how to run my own business.
    • I meditate daily.

    6. Accept failure

    If you do fail and sneak a cigarette, miss a walk or shout at the kids one morning don’t hate yourself for it. Make a note of the triggers that caused this set back and vow to learn a lesson from them.

    If you know that alcohol makes you crave cigarettes and oversleep the next day cut back on it. If you know the morning rush before school makes you shout then get up earlier or prepare things the night before to make it easier on you.

    Perseverance is the key to success. Try again, keep trying and you will succeed.

    7. Plan rewards

    Small rewards are great encouragement to keep you going during the hardest first days. After that you can probably reward yourself once a week with a magazine, a long-distance call to a supportive friend, a siesta, a trip to the movies or whatever makes you tick.

    Later you can change the rewards to monthly and then at the end of the year you can pick an anniversary reward. Something that you’ll look forward to. You deserve it and you’ll have earned it.

    Advertising

    Whatever your plans and goals are for this year, I’d do wish you luck with them but remember, it’s your life and you make your own luck.

    Decide what you want to do this year, plan how to get it and go for it. I’ll definitely be cheering you on.

    Are you planning to make a New Year’s resolution? What is it and is it something you’ve tried to do before or something new?

    Read Next