Welcome to Q & A Wednesday on Millionaire Habits, where I answer one of your weekly questions for everyone’s benefit. Have a question?
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💡 Question: “I keep hearing people (including you) say, ‘Invest in yourself.’ What the hell does that mean? I’m not a stock!”
Actually, you are.
A stock is merely a representation of value, isn’t it? Each share of stock has value. When the company improves, stock values go up.
It’s the same thing with you.
When you improve yourself, you’re worth more. You become more successful. Healthier. Stronger. Happier.
But here’s the kicker: You only improve when you invest in yourself.
And believe it or not, this stuff is easy.
No, really.
It might seem hard at first, but once investing in yourself becomes a part of your routine, it immediately gets about 10x easier.
This is what I mean…
How To Invest In Yourself
Investing in yourself means improving yourself. You’re “investing” time and money into making yourself better, stronger, and more wealthy.
Here are five proven ways to invest in yourself:
1. Continuous Learning
- Education: Pursue formal education through classes, degrees, certifications, or online courses that align with your interests and career goals.
​ - Reading: Develop a reading habit by consuming books, articles, and research papers that expand your knowledge and perspective.
​ - Skill Development: Identify and acquire new skills relevant to your profession or interests. This could include learning a new language, learning a musical instrument, or developing tech skills.
2. Physical and Mental Well-being
- Regular Exercise: Prioritize physical health through regular exercise, whether going to the gym, practicing yoga, or engaging in outdoor activities.
​ - Mindfulness and Meditation: Use mindfulness and meditation techniques to develop mental resilience and reduce stress.
​ - Healthy Diet: Invest in your diet by consuming nutritious foods that fuel your body and mind.
​ - Find a personal trainer: If you need help getting started, a personal trainer is an excellent investment. I’ve been working with Johnny Brown for nine weeks and dropped 25 pounds of fat. Johnny completely changed my life. Want to change your life too? Check out Johnny’s newsletter, Progress Protocol.
3. Networking and Relationships
- Build a Professional Network: Grow relationships within your industry or area of interest through networking events, conferences, and online platforms like LinkedIn.
​ - Personal Relationships: Nurture your personal relationships with family and friends. Invest time in maintaining strong, supportive connections.
4. Time Management and Productivity:
- Goal Setting: Set clear, achievable goals for yourself in various areas of your life, both short-term and long-term.
​ - Time Management: Learn effective time management techniques to prioritize tasks, avoid procrastination, and max productivity.
​ - Personal Organization: Invest in tools and strategies to keep yourself organized, whether it’s through digital tools, planners, or other methods.
5. Financial Management
- Budgeting: Create a budget to manage your finances effectively, save for the future, and invest in opportunities that will provide financial growth. Don’t want to budget? Try this instead.
​ - Investment Knowledge: Educate yourself about different investment options such as stocks, bonds, real estate, or starting a business. Make informed decisions about where to allocate your financial resources.
​ - Emergency Fund: Build an emergency fund to provide a financial safety net in case of unexpected expenses. If you don’t have an e-fund yet, here’s a 5-step guide to building your first one.
Remember, this shit is a life-long journey, but it’s crucial. Investing in yourself is more important than investing in stocks because the stronger and healthier you are, the harder you’ll work. The happier you’ll be.
And there is no defeating a strong, happy, hard-working person.
See you in your inbox on Saturday,
– Steve
