“The highest rate of return on your money is not in a house or savings account, where it will sit and get eaten by inflation. Invest in your primary asset: yourself”
When we think about growing our wealth and building our assets investing in our primary asset, ourselves, is not always front of mind. However if we don’t prioritise ourselves, none of our monetary investments are going to count for anything.
So if you haven’t done so before, make prioritising you top of your investment ideas.
Recognising that you are your primary asset, here are the key ways to maximise your return.
Invest in your health
“It is health that is real wealth and not pieces of gold and silver” Mahatma Gandhi
Being fit and healthy Is key to a happy and successful life.
In our pursuit of financial and career prosperity, we forget this, and our physical and metal health get relegated to the backburner believing we are invincible.
However, when it comes to lost health there is nothing that can buy it back.
An investment in our health; eating healthily, exercising regularly, spending time on our creative endeavours, time in nature, and whatever else speaks to our soul, increases our resilience and our capacity for joy as well as enabling us to be more productive, motivated and innovative in our financial and career pursuits.
Invest in your skills
“If you want to invest in something with minimum risk and a guaranteed big return, invest in yourself” Bossbabe
We are the source of all the value we can bring into our lives. And effectively nurturing and supporting ourselves to maximise our ability to bring this value is the singularly most important task we can undertake.
Getting the best out of ourselves is achieved by setting clear goals that we want to achieve, challenging ourselves and stepping outside of our comfort zones.
Attending workshops, enrolling and completing new courses and continuing to build our knowledge and skill set is an investment that will produce exponential returns.
Invest in your personal and professional networks
“Sometimes people come into your life for a moment, a day, or a lifetime. It matters not the time they spent with you but how they impact your life in that time” Unknown
A rich life has little to do with money. To have lived a truly rich life is to have touched the lives of many and too have many touch your life.
The tapestry of what adds value has little to do with the things we may possess in our lives but everything to do with the people we encounter and the experiences we have.
People need people.
Human beings are social beings and our bodies and minds function better when we are around others.
Our family, friendships and professional contacts nourish us physically and mentally enabling us to thrive personally and in our careers and businesses.
To truly invest in yourself is to feel the ultimate joy of caring for, engaging with and enjoying the rich diversity of people you get to meet throughout life.
Invest in time
“Time is our most valuable asset, yet we tend to waste it, kill it and spend it rather than invest it.” Jim Rohn
Time is 100% a totally non-renewable asset, once it’s gone, it’s gone. We cannot get it back by substituting it, creating a synthetic version or mining other planets to increase its supply.
Yet we end up sacrificing time in our pursuit of money and success, when we should be trying to maximise our money to give us the ability to maximise the time we have available to us.
Effectively using our time means acknowledging its value and prioritising how we spend it.
Its value can only be truly exploited when we use it according to what is important to us and in way that will meaningfully add to our lives. The precious time spent with loved ones and family, time spent on increasing your skillset and time spent on experiences in life. And this means guarding your time mercilessly when it comes to time wasters; those hours spent scrolling on social media, watching excessive amounts of tv and endless scrolling through shopping sites.
We are the one true asset each of us can rely on as we are fully in control of the return we can generate on it during our lifetime and if we treat ourselves right we can have a lifetime of abundant value.