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Do you know what the most valuable asset you own is?
When asked this question, most people will answer with their house, savings account, or their investment portfolio.
In reality, the greatest asset you own is yourself.
That’s right, you are your greatest asset, and because of this, you need to invest in yourself.
When you take the time to invest in yourself, your entire life changes.
You have more opportunities in life, experience more success and happiness, and have more energy.
In this post, I will show you how to invest in yourself.
I’ll break down every area of your life and share tips and tricks so you can live your best life.
Table of Contents
53 Ways To Invest In Yourself
Why You Are Your Greatest Asset
Before I get into the many ways you can work to improve yourself and your life, you might be wondering how investing in yourself pays off.
Know that you will never own an asset that will produce the amount of income you can potentially generate in your lifetime.
Think about it this way.
Owning a rental house that nets you $500 per month for 30 years comes to $180,000.
With a good job, you could make that in a few years.
Let’s say you sell the house and make another $200,000 profit in addition to the rental income.
That is $380,000.
If you earn $20 an hour, you make this much in roughly nine years.
Increase your income to $75 an hour, and you will earn this in less than three years.
If you own 1,000 shares of a stock at $4 per share and its price skyrockets to $50 per share, you made $46,000.
You could generate that in less than a year from a job.
So how do you invest in yourself and generate the most income possible?
You create the best version of yourself.
When you are the best you can be, doors will open for you.
You will earn more income. You will be more intelligent, healthier, and happier.
Let’s look at one more example.
Bob and Mike are the same age, working the same job earning $50,000 annually.
Mike goes through the motions and just earns a 3% annual raise until he retires.
Over his working career, he has earned a total of $3,933,165 in lifetime earnings.
Bob, on the other hand, decides to invest in himself.
He takes on additional responsibilities and networks and, in 5 years, gets a higher-paying job with an annual salary of $80,000.
Over his career, he earns $5,503,119 in lifetime earnings.
This higher income spills over to the other areas of Bob’s life.
With his increased income, he can save and invest more.
Having more money allows him to quit working on his terms.
He can quit the rat race or find work that makes him happy, regardless of the income.
With more cash saved, he has less financial stress in his life.
He can also afford to take vacations or give back to those in need.
Overall, investing in yourself is a cycle that benefits all areas of your life and continues to work over time.
This cycle is why you need to make it a point to better yourself.
No job or investment will earn you the same amount of money or happiness.
Invest In Your Health
Being in good health is a critical part of your long-term happiness and growth of a person.
Here are some ways you can invest in your mind and body so you can be the best you possible.
#1. Get Some Sleep
One of the best things you can do for yourself is get some sleep.
Most people need between seven and eight hours of sleep per night.
Sadly most people get nowhere near this amount.
According to the CDC, over 35% of Americans report getting less than 7 hours of sleep per night.
While you might think that not getting enough doesn’t matter, it does.
Not only does getting enough sleep improve your mood, but it also increases your focus and concentration and can reduce stress levels.
Then there are other health issues that come with a lack of sleep.
Heart attacks, heart disease, arthritis, diabetes, and more decrease when you get enough shut-eye.
|Condition||Less Than 7 Hours Sleep||Greater Than 7 Hours Sleep|
|Coronary heart disease||4.7%||3.4%|
|COPD (chronic obstructive pulmonary disease)||8.6%||4.7%|
|Chronic kidney disease||3.3%||2.2%|
So make it a point to start getting more sleep.
#2. Set Up A Sleep Routine
I just told you to get more sleep, but how?
For starters, you set up a sleep routine.
A sleep routine has you going to bed and waking up at roughly the same times every day, including weekends.
Doing this helps get your circadian rhythm in line for a night of better, deeper sleep.
Next, turn off the television and stay off your electronic devices 30 minutes before bed.
Read a book or talk to your partner instead.
If possible, stop eating a few hours before bed.
When you eat close to bedtime, your body is working on digesting the food, not helping you fall asleep and stay asleep.
Limiting caffeine and alcohol is helpful too.
Finally, you want to sleep in a cooler room as this helps with sleep.
We all know that exercise is good for our physical health, but it’s good for mental health as well.
Studies show that just 30 minutes of moderate exercise can help improve emotional health like anxiety and depression.
And if you suffer from chronic pain, regular exercise can help lessen the pain.
Exercise doesn’t have to be complicated or time-consuming either.
You can start with just a few minutes of exercise each day and gradually increase the amount of time you’re working out.
Find an activity you enjoy and make it part of your daily routine.
Exercise can take many forms, from walking, running, biking, swimming, lifting weights, yoga, or anything else that gets you moving.
#4. Eat Well
The next part of the improving yourself equation is to eat healthier.
Eating healthier doesn’t mean you must give up the foods you love forever.
Instead, try to make healthy food choices more often.
I love drinking soda, but I know it isn’t good for me.
When I was younger, I drank a couple of cans daily.
Now I drink maybe once a week.
What worked for me was looking forward to enjoying it.
I look at our plans for the week and pick the meal to have my soda.
Usually, it is with pizza on Friday night.
After you cut back on certain foods and drinks, work to add more vegetables in.
I am not a fan of vegetables, but I have found that if I add them to things I do like, it isn’t so bad.
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You can sneak them into smoothies or make a veggie-heavy soup.
Eating well also means being mindful of when and how much you eat.
Overeating can lead to many problems, so ensure you’re eating when you’re hungry and stopping when you’re full.
Listen to your body and give it what it needs.
#5. Challenge Your Mind
Challenging your mind helps to promote brain health and can ward off Alzheimer’s and Parkinson’s disease.
While games like crosswords puzzles and Sudoku are great, you must step out of your comfort zone and challenge your mind more.
Stepping out can include learning a new language or playing an instrument.
You can also try a different hobby.
Doing things that are outside of your routine helps to improve brain function and keeps your mind sharp.
#6. Get Regular Check-Ups
Regarding your health, it is better to be proactive than reactive.
After all, the sooner you spot issues, the easier they are to fix.
Spilling a glass of wine on your white shirt is a problem, but if you wash it right away before the stain sets in, there is a good chance you will wash it out.
The same is true with your well-being.
Go for an annual well visit and get the recommended tests for your age.
It is easier to treat an issue early on and usually a lot cheaper too.
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There is no excuse not to take care of yourself.
Your health is essential and should be a priority.
#7. Practice Self Care
Often seen as a luxury, self-care is essential for good mental and physical health.
Self-care can be anything that makes you feel relaxed and rejuvenated.
It can be taking a long bath, walking in nature, reading your favorite book, or getting a massage.
It could even mean doing yoga or meditating.
The important thing is to do something that makes you feel good.
Not only does self-care help to reduce stress, which can harm your health, but it reminds you that you are important and should be a priority.
#8. Get Off Social Media
Closely related to self-care is staying off of social media.
Stress, anxiety, and overspending are just a few of the problems you will encounter if you spend too much time on social media.
If you don’t want to stay off social media, moderate your time.
It is important to take a break and disconnect from the world now and then.
Doing so will help you to relax and recharge.
Finally, never scroll through sites before bed.
The things you see can get you emotionally charged, making it more difficult to fall asleep.
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#9. Have Personal Time
Personal time is essential for both your mental and physical health.
It gives you time to relax and recharge and also allows you to make yourself a priority.
Too often, we make other people and other things our priority and forget to take time for ourselves.
This lack of personal time can harm our lives.
Don’t feel guilty for scheduling some time alone.
By resetting ourselves, we can better handle what life throws at us and be there for others when they are in need.
#10. Find A Creative Outlet
A creative outlet is a great way to reduce stress and express yourself.
You can find your outlet in anything that you enjoy doing.
It can be anything from taking a nap to going on a hike, journal keeping, or even gourmet cooking.
For some people, it is painting or drawing. For others, it might be writing or playing music.
It is a great way to relax and de-stress at its most basic level.
It is also a great way to connect with yourself more deeply.
Whatever you enjoy, make sure to find time for it.
Giving back to your community is a great way to make a difference in the world
Many people who volunteer report an increase in happiness.
Researchers attributed this to increasing the volunteer’s social circle, knowing that they are helping people in need, and being physically active.
There are many ways to volunteer, so you can find something that suits your interests and skill set.
You can volunteer at a local library, food bank, or senior center.
You can also volunteer for a local event or fundraiser.
#12. Read Books
Books are a great way to escape the stresses of everyday life.
They can also be a great source of knowledge and information.
Make sure to find time in your day to unwind with a good book.
You don’t need to commit to hours daily, but try to fit in 5-10 pages daily.
If you adopt the earlier idea of shutting off the TV and staying off devices before bed, you can easily fit your reading time here.
Regarding what to read, pick what you are most interested in.
As a child, I loved to read. But as I went to school, my love for reading went away.
I think it was because I was reading what I had to, not what I wanted.
Now I am an avid reader since I get to pick the subjects.
I vary between fiction and non-fiction, depending on my mood.
You can even listen to audiobooks if you find it easier to fit into your schedule.
#13. Listen To Podcasts
Another great way to learn and unwind is to listen to podcasts.
These were a niche form of entertainment in the past, but now most people have their own podcast.
And because of this, it is easier to find something you enjoy.
You can catch up on the news or world events, listen to comedy or true crime stories, and more.
And best of all, podcasts are completely free.
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#14. Learn To Say No
One of the best ways to invest in yourself is to learn to say no.
Saying no can be difficult at first, but it is important.
You need to set boundaries in your life and know when to say no.
Otherwise, you will spread yourself too thin and be unable to focus on what is most important.
Remember that you cannot please everyone all the time.
It is okay to put yourself first and say no when you need to.
#15. Learn To Say Yes
While it is important to learn to say no, you must also know to say yes sometimes.
Sometimes you have to take a chance and say yes, even though you are unsure.
Of course, this doesn’t mean you say yes and put yourself into a compromising situation.
Instead, it is all about taking calculated risks in life.
#16. Squash A Bad Habit
What is one bad habit you have that you would like to break?
Make it a goal to break it.
Just know that it will take some time, so you must be patient.
But if you are persistent, you will be able to break it.
And once you do, you will feel so much better about yourself.
For example, do you bite your nails when you’re nervous?
Or do you constantly check your phone even though you’re trying to cut down on screen time?
Whatever it is, make a plan to replace the bad habit with new habits slowly.
Just make sure you target one habit only.
Trying to break multiple habits at once can be overwhelming and lead to failure.
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#17. Set Personal Goals
Speaking of goals, learn to set personal goals for yourself.
Goals can be anything from reading a certain number of books in a year, quitting smoking, having one night a week alone with your partner, etc.
By setting goals, you are pushing yourself to improve.
Just make sure the goals you set are realistic and attainable.
There is nothing wrong with setting lofty goals, but if they are too high, you will only end up disappointed.
And once you achieve your goal, celebrate it.
#18. Get Out Of Your Comfort Zone
The following two tips are directly related to goal setting.
To grow as a person, you need to get out of your comfort zone.
You need to stretch yourself and try new things.
Years ago, I had a goal of doing one thing every month that scared me.
Some were little things like looking out the airplane window when I took a flight as I am scared of heights.
Others were more significant things, like giving a speech in front of a crowd.
They were scary at the moment, but I am better off trying them.
And I am sure you will be too.
#19. Accept Failure
You are going to fail a lot in life.
That is unless you never push yourself.
If you skate by, failure will be far and few between.
But you need to fail in life.
You learn from your mistakes.
When SpaceX launches a test rocket, they are not upset if it explodes.
They use it as a learning experience.
You need to look at failure this way too.
#20. Be More Positive
Having a negative outlook isn’t a benefit.
But being overly optimistic isn’t a good thing either.
You need to find a healthy balance and look on the bright side of things more often.
The next time something bad happens, try to find the positive instead of allowing it to take root in your mind and ruin the rest of your day.
Or realize that things aren’t as bad as they seem.
One trick I use to be more positive is to use daily affirmations.
By starting my day on a positive note, I find it is easier to brush off the bad things that happen throughout my day.
#21. Keep A Journal
Journaling benefits you in numerous ways.
First, it helps you to work through your feelings.
Instead of holding in your emotions, you can get them on paper and move on more quickly.
Keeping them bottled up is one of the worst things for you.
Another benefit is the ability to look back.
Life is a journey with many ups and downs.
Having a journal allows you to look back, see how much you’ve grown, and see the struggles you’ve overcome.
#22. Get Organized
Clutter can lead to stress and cause you to lose things or miss important dates.
By getting organized, you can ease your mind and better handle everything in your life.
There are many ways to get organized.
You can use a physical planner, an online calendar, or even make lists.
Do whatever works for you and stick with it.
A little organization goes a long way.
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Invest In Your Relationships
Your relationships are a critical part of your life.
Studies show that people having healthy relationships with family, friends, and their community are healthier, happier, and live longer.
Because of this, you must invest time into growing and maintaining your relationships.
Here are some ideas to help you get started.
#23. Make Your Family A Priority
Your family should be one of your top priorities.
Make time for them.
Too many of us put work or other things ahead of our family.
But at the end of the day, they are the people who will stand by your side when life gets hard.
Put your phone away when you are with them and give them your undivided attention.
They will appreciate it, and so will you.
You will be surprised at how good you feel after spending quality time with the people you love.
#24. Reach Out To Childhood Friends
How many childhood friends are you still in contact with today?
Chances are you lost touch with a lot of people.
Why not take a little time to reconnect?
You can use LinkedIn or Facebook to find them and plan a meetup to catch up.
While not all your encounters will result in a new friendship, going down memory lane with the people that played an important role in your life growing up will be nice.
#25. Make New Friends
Maybe you don’t have a lot of friends currently.
The best thing for you is to find some.
Finding new friends can be done by joining groups where you have a common interest.
Maybe you enjoy riding a bike, so you can find a local bike club to join.
Or you might enjoy playing board games, so you can find people to spend time with who like playing games.
There are many ways to meet new people. You have to make an effort.
#26. Find Like-Minded People
While it is important to make new friends, you shouldn’t become friends with just anyone.
Seek out like-minded people.
Not only will you have similar things in common, but if you avoid drama, most likely, these people will too.
You can find like-minded people by joining groups or clubs related to your interests.
If you enjoy hiking, there are likely hiking clubs in your area that would love to have you.
You can also look for meetups online.
Meetup.com is an excellent resource for finding events near you related to just about anything.
#27. Plan Regular Get-Togethers
Make it a point to get together regularly for the good friends you have.
Get-togethers could be as simple as dinner or drinks to an activity like golf or ax throwing.
Try to meet up at least monthly if possible.
Having people to laugh with and possibly vent to about things will improve your mood and outlook.
#28. Be Romantic With Your Partner
Investing time in your romantic relationship is important.
Getting caught up in the day-to-day and forgetting to nurture your relationship can be easy.
Make sure you are still being romantic with your partner.
Romance could be anything from flowers and candy to sex and cuddling.
The little things go a long way and will help keep the spark alive in your relationship.
#29. Remove Toxic Relationships
One of the best ways to invest in your relationships is to end bad relationships.
We all have people in our lives that drain our energy.
They complain or always see the negatives in life.
After spending time with these people, you are tired, cranky, and possibly have a bad attitude.
It is important to limit your exposure to these types of people.
You can end the relationship if you want, but in some cases, like with close relatives, this isn’t an option.
In this case, find ways to spend less time with them.
And when you are around them, try to remain positive and not allow them to bring you down.
#30. Have An Accountability Partner
Accountability partners are a huge benefit in life.
They can help you in so many ways.
If you are in debt, they can be the encouragement you need to stick with the plan.
Or, if you have trouble committing to an exercise routine, they can help.
Even better, they might join you, and you can motivate each other.
Having a partner will make successes in life much sweeter and take some of the stings out of your failures.
#31. Keep Others Needs In Mind
Another great way to keep your relationships strong and be a better friend is to keep others in mind.
For example, maybe you know a friend looking for a new job.
You can let your friend know whenever you come across an open position they might like or even talk with someone who needs help.
Or if you know your partner loves a particular type of chocolate, you can buy it for them when you see it.
Doing small things like this helps not only others but also provides you with happiness too.
Invest In Your Career
As I showed earlier, your career has the most significant impact on your lifetime wealth.
Because of this, you need to nurture it to earn as much as possible.
Nurturing your career will allow you to save and invest more, as well as limit some stress in life.
Here is how to invest in your career.
#32. Improve Your Skills
One of the best things you can do for your career is to improve your current skills.
The more skilled you are, the more in demand you will be.
A new skill could come from taking some classes or getting certifications related to your field.
It might also mean reading books and blogs or listening to podcasts so you can stay up-to-date on the latest trends.
For example, taking classes and improving your writing skills can be valuable if you are a writer.
If you are skilled and knowledgeable, it will be easier to get promotions and pay increases.
All of which leads to more cash in your pocket.
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Finally, don’t look at learning a new skill as just physical skills either.
It also includes improving your critical thinking skills too.
The better you can problem-solve, the more valuable you become.
You also experience personal growth, as your relationships will benefit from the new skills you learn.
#33. Expand Your Network
Have you ever heard of the saying, “it’s not what you know, it is who you know?”
While not 100% accurate, I have found many times in life to be true.
I have been introduced to a position or an opportunity simply because I knew someone else.
And I’ve seen the same thing for many other people.
So make it a point to attend a networking event monthly and meet new people.
And when you are attending events during other times, make it a point to talk to people.
For those you connect with, try to keep in touch regularly, either through an email, phone call, or invite out to lunch.
#34. Set Professional Goals
You’ve set personal goals. Now it’s time to set some professional goals.
Where do you want to be with your career in 5 or 10 years?
What steps do you need to take to get there?
You might need to return to school or get a specific certification.
Whatever it is, make sure you have a plan and are taking action steps towards your goal.
#35. Find A Mentor
Having a mentor to guide you in life is priceless.
Talking to someone who has reached the level of success you want to achieve will help you speed up the process and avoid pitfalls.
And the good news is that many successful people are open to the idea of mentoring someone.
Take some time to identify people you think would be a good fit and schedule some time to talk to them.
#36. Consider Additional Education
Gaining more education is a great way to set yourself apart from others and attain more promotions.
But it doesn’t mean you must spend thousands of dollars on another college degree.
You might be able to get the education you need in a certificate program or even free online courses.
For some things, you might even be able to teach yourself by watching videos.
Make it a point always to be learning new things that will help you make your work easier.
#37. Find Professional Growth Opportunities
It would be best if you made it a point to stay current on the trends and innovations in your career.
Staying current will help keep you employed and a valuable employee.
You can read trade magazines, attend seminars, and network with others in your field to stay current.
You might even consider taking on new assignments or responsibilities at work or volunteering for leadership roles in professional organizations.
#38. Discover Your Value
Are you earning as much as you should be?
If you have been at a company long enough, you are being underpaid.
Take some time to research your current position online to see what other companies are paying.
Salary.com, Indeed, PayScale, Glassdoor, and the Bureau of Labor Statistics are great resources to help you.
Once you know this information, figure out how to earn more.
Earning more could mean taking on more responsibility at work or being more efficient at your job.
Talking with your manager about this will help you know the best path forward for you.
Finally, you might need to switch employers too.
Many people earn a significant boost in salary when they switch jobs.
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#39. Start A Side Hustle
Have you ever thought about starting your own business?
The majority of self-made millionaires started their own business, according to studies.
You don’t need to buy a franchise or develop a new product or service here.
Understand what you love to do and see if there is a way to earn an income.
You can work on the side a few hours a week and never have it turn into a full-time income if you don’t want to.
But having the extra income will go a long way.
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And you never know what life will throw at you.
I was laid off close to 10 years ago.
I was running websites on the side and decided to turn it into my full-time job.
It was one of the best decisions I ever made.
I love working, and it has allowed me to spend a lot more time with our kids, especially when they were babies.
I encourage you to find a side hustle and start reaping the benefits.
#40. Find Work-Life Balance
Many people find themselves working more hours than they would like.
While there is nothing wrong with working hard, you need to make sure you have good time management to include other things in your life.
Other things include spending time with your family and friends and caring for yourself.
You might need to set some boundaries with work, so you don’t take work home with you or work on weekends.
Using your vacation days and taking some time off here and there is also important.
You will be a better employee if you are well-rested and have taken some time for yourself.
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Invest In Your Finances
The final piece of the puzzle for a better life is your finances.
They make up a massive part of your life, and when you get your finances in order, you open many doors in life.
Here are the things you need to do when working to improve yourself.
#41. Set Financial Goals
Your finances are another area you need to set goals to achieve.
Whether it is to get out of debt, earn six figures a year, or build an investment portfolio of $5 million, goals will motivate you to get there.
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The key with financial goals, like most other goals, is to break them down into smaller steps.
If you just say you want your bank account to have $100,000 in it and only have $30, you might get frustrated because you don’t see the possibility of getting there.
Setting up mini-goals, like getting $500 in your account, then $1,000, and then $2,500, is a way to stay motivated during the journey.
#42. Know Where You Stand
Do you know where you stand with your finances?
Most people have a rough idea, but you need to know exactly how much you have in savings, how much you are spending each month, and how much debt you carry.
To make progress, you need to know your current financial situation.
Calculating your net worth is the best way to know your current situation.
This simple formula will show you where you stand right now.
After you do the math, calculate your net worth again six months or a year later and see the progress you made.
It is a great tool to keep you motivated.
#43. Build An Emergency Fund
Unexpected expenses can destroy your finances in an instant.
Having cash in a savings account to cover these bills can ensure you don’t move backward financially.
While many experts recommend 3-6 months of expenses in savings, I recommend closer to a year or more worth of expenses in liquid savings.
The reason is that you never know what might happen.
And no one ever complained because they had too much money saved.
Below are some great options for where to keep your cash that pay the best interest rates.
#44. Invest For Your Retirement
The earlier you start investing for retirement, the better.
The more time your money has to grow, the more it will grow, thanks to compound interest.
Compound interest is one of the most powerful tools in investing, and it works best when given time to grow.
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So even though you might be decades away from retirement age, the sooner you start, the better.
After all, you never know what life will throw at you.
In 10 years, you might take a different path, and saving for retirement might not be possible.
But having savings will still allow you to enjoy your retirement.
#45. Set Up A Budget
Creating a budget is critical for long-term financial success.
Sadly, too many people ignore the positives of a budget and only see the negatives.
They see a budget as restricting their spending when a budget is simply a plan for how to spend their income so they can achieve all the goals they want.
Once you change your outlook on a budget, there are many options to make budgeting easy and fast.
You could take a manual approach and use spreadsheets.
Or you could download an app and have your budget automated.
Or you could find something in between, where you have some control while other parts are automated.
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The key is finding the one that works for you and then sticking to it.
Having a budget will give you a clear picture of how you are spending your money and the steps you need to take to improve your finances.
#46. Review Your Spending Habits
Setting up a budget is great, but what is more powerful is the information it provides you.
By taking a detailed look at where and how you spend, you get an idea of what you can do to save more money.
For example, maybe you notice you spend $500 a month eating out.
You can easily make a few tweaks to your routine so you can reduce this number and save the difference.
Or maybe you see you spend a lot at a particular retailer but can’t remember the things you buy.
Not remembering could signify that you need to limit your time shopping here.
#47. Improve Your Financial Education
As learning helps you with your career, so too does learning about personal finance.
I’m not asking you to become an expert, but the more you know, the better you will be able to improve things.
For example, maybe you read a book and discover a better way to budget.
Or you might realize by changing your investing approach, you could end up with a lot more money.
Check out my resources section for some great books to get you started.
Then be open to reading news and articles about money and more books.
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#48. Get Out Of Debt
If you are in debt, realize you are investing in someone else, not yourself.
The money you earn is going to someone else.
You are not keeping and growing it in an investment or savings account.
While it can feel overwhelming to get out of debt, becoming debt-free can be done.
You need a plan.
The best plan for most people is the debt snowball.
This plan has you organize your debt and pay off the smallest balances first.
Because you see progress quickly, you stay motivated to keep going forward.
So set up a plan to tackle your debt and start keeping the money you work so hard to earn.
#49. Make Saving A Priority
Too many people don’t make saving money a priority.
They might be overextended with their monthly bills and don’t have room to save, or they never get around to saving money.
The problem is if you never save money, how will your situation improve?
The simple answer is it won’t.
Right now, I want you to start saving and transfer $5 to your savings account.
Then set up a monthly transfer of $10 going forward.
Put a reminder on your phone for one year from now to increase this amount to $20 a month.
If you can save more, then save more.
The important thing here is you are making it a habit to save, and this habit will serve you well in the years to come.
#50. Always Get A Discount
Before you spend money, you need to ask for a discount.
There are many ways you can do this.
At the store, you can ask if there are any coupons the cashier can apply to your purchase.
Or you can ask if they offer a discount if you pay in cash.
Many times you can save 5-10% just by asking.
See if the store is listed on either of these sites and buy through them.
You will earn cash back on your purchase which you can turn into cash via PayPal or free gift cards.
Want to earn cash back shopping online? Look no further than Rakuten. Earn up to 25% on your online shopping. New users get $30 when you spend $30 in the first 90 days!
Over time, saving 5% on all your purchases adds up.
For example, if you spend $35,000 a year, a 5% savings is close to $2,000.
Very rarely you should pay full price for something.
#51. Know Your Money Values
Do you know what you value in life?
You might think you do, but in reality, you don’t.
Not knowing is why so many people keep buying things.
They buy stuff thinking it will bring them happiness when they are only buying into the consumer-driven culture we live in.
I encourage you to take some time to think about what you genuinely enjoy.
Maybe it is relaxing on a beach.
If this is true, shift your spending so you buy what you need to survive and put the rest of your money towards vacations or even purchasing a house at the beach.
Maybe you love cars.
If so, do the same as above, only putting your money towards vehicles this time.
When you figure out what makes you happy, you can stop buying all the other stuff you think you need just to prove you are successful in society.
Learn to focus on your values and happiness, and you will see a positive change in your financial future.
#52. Understand How The Wealthy Think
Your thinking about money and habits separates you from the wealthy.
If you can learn to change these things, you will be wealthy too.
And it isn’t as difficult as it might sound.
For starters, don’t look at the immediate cost of things only.
Take a longer-term approach.
When buying things around the house, ask yourself if the item will be used once or multiple times over months or years.
For the one-time item, buy the cheapest one you can find.
For the other item, seek the best quality at the lowest price.
This shift in your thinking and habits will save you money because the things you buy will last longer.
#53. Develop An Abundance Mindset
Do you have an abundance mindset or a scarcity mindset?
The difference is simple, but it makes all the difference in the world.
Those with a wealth mindset believe there is enough money for everyone.
They don’t view other people’s success as their own failure.
Instead, they know there is room for everyone to succeed.
On the other hand, those with a scarcity mindset believe there is only so much money to go around.
They see other people’s success as their own failure.
They also think they never have enough money and are constantly stressed about buying things and earning an income.
This way of thinking is toxic and only leads to unhappiness.
Change your thinking to an abundance mindset and change your life for the better.
How do you change your perspective?
You need to look at the things you have and focus on the many positive possibilities out there.
Using money affirmations can help too.
The good news is that if you put in the effort, you can change your mindset.
You are your greatest asset. Invest in yourself.
Doing this is one of the best investments you can make.
By expanding your knowledge, creating better and stronger friendships, learning new skills, and actively handling your finances, you take control of your own life and happiness.
And with improved well-being, you feel confident in all you do, leading to more success and happiness.
So take on the challenge of personal growth and enjoy a better life too.
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I have over 15 years experience in the financial services industry and 20 years investing in the stock market. I have both my undergrad and graduate degrees in Finance, and am FINRA Series 65 licensed and have a Certificate in Financial Planning.
Visit my About Me page to learn more about me and why I am your trusted personal finance expert.