5 ways to invest in yourself

2024 Author: Malcolm Clapton | [email protected]. Last modified: 2023-12-17 03:44

Investing in yourself, according to Warren Buffett, is what everyone should do. In this case, each of us is a bit of an investor. We have collected tips on how to learn how to invest money and time in yourself, and talked about why this is important.

Charlie Munger - Vice President of Warren Buffett's Berkshire Hathaway Corporation - once said:

Warren Buffett has become a much better investor since the day I met him. Same as me. The secret of this is that you need to learn 24/7, and not think that success will come by itself.

Warren Buffett has appeared on the pages of Lifehacker more than once. This elderly and fantastically wealthy investor knows how to speak in phrases that you want to remember. The desire to listen to Buffett's advice, as extravagant as it may be, does not strike us as odd. After all, one of the richest people on the planet cannot advise anything bad.

If you do not find fault with the words, we can say that it is so. Buffett's advice, which does not relate to investing and finance, is simple and practical. It is difficult to argue with them, since everything that he says is already known to you, but from the mouth of this person everything sounds more weighty.

The most valuable asset you have is yourself. Anything that improves your talents and skills is worth doing.

Warren Buffett

In this regard, the question arises: how to invest in yourself? There are many ways to do this, and we decided to concentrate not only on those that lie on the surface, but also on those that, at first glance, do not seem obvious.

1. Create a curriculum

For a long time, I have been using the Weekly app to complete my daily plan. On my daily list was meditation, half an hour of lectures on Coursera, writing something new in a notebook and reading. Of course, I knew my routine by heart, but the application forced me to act even when I didn't want to.

Creating a curriculum is the first thing to do. Decide what skills you want to develop, how to do it best, and how much time you need to set aside each day.

2. Surround yourself with smarter, more successful people

Because of this, you will sometimes feel bad, because we are always uncomfortable when someone from our inner circle has achieved more than ourselves. In the long run, it will pay off. The experience of other people will provide an opportunity to develop even when you seem to be just chatting.

3. Improve communication skills

You can learn something new from three sources: your own experience, working with information and the experience of other people. Accordingly, in order to talk with successful people and learn from their experience, you need to offer something in return.

At the very least, these should be good skills. The interlocutor should be pleasant to communicate with you. Your profession is not important - any person should be able to communicate competently and in an interesting way.

4. Don't be afraid to spend money

Recently, people's reluctance to invest in their own education has begun to wane. We increasingly understand the importance of courses, workshops and travel that can improve professional skills. Buffett, for example, advises investing 10% of your income in your own education. What it will be: courses, books or business trips - you decide.

5. Develop not only professionally

I know that doing this when work takes up most of the day is not easy. But here's a little secret:

Once you discover an activity that interests you, you can magically find time for it every day.

You may need to sleep an hour less. Maybe skip your lunch break and leave early. But if you find what you like, time will appear, even if it was not there before.