Investing your excess money is the way to go if you ever want to have a life that is set financially. However, the hard question is where do you invest? Real estate? Bonds? Stocks? All of these are great options but if you are a newbie in investing, these investments may seem too hard at first. So what do you do? I think that the first thing that you should invest on is your greatest asset – yourself.
So, how do you invest in yourself? There are a myriad of options available for you in improving yourself. Here is a list of some of the better things that you should be doing instead of lounging around, watching tv or doing other pointless stuff.
1. Improving your health.
Since we are talking about improving yourself, the best way to start that is with your health. After all, your ability to function fully is your greatest asset. A healthy body and mind will allow you to perform various tasks efficiently and this will contribute to better returns.
A good way to start is to eat right and get some rest when you can. Eating right will give you the energy that you need everyday and it can also improve your mental well being. Cutting out food that are full of artificial ingredients and preservatives is the best way to go. Resting while you can is also very important because if you push through with a tired body, chances are, what you are doing will not end up with the best results and this is counter intuitive with what you want to achieve.
Sleeping for about 6-8 hours a day is a must because it allows your mind and body to reset and when you wake up, you will feel refreshed and you will be ready for another day of efficient work. Having said that, a good mattress is key in getting a good sleep and opting to buy the best mattress that you can afford is a very good investment. I, myself, have researched a lot about mattresses and there are tons of mattress reviews online that can really help. You should go with a good brand that offers a good warranty/return policy and more importantly, a comfortable mattress with good support. I highly recommend the DynastyMattres brand as I own one myself and I have to say that I am more than satisfied with it. Here is a Dynasty mattress review that you can read.
2. Learn a skill or just learn more about things.
In today’s high tech world, there are a lot of skills that you can learn that are high on demand. And I am not only talking about online or digital skills. There are manual labor jobs that can yield high returns, you just have to know how and where to apply it.
Learning does not stop once you finish high school or college. There are many more things that you can learn about during your free time that can actually benefit you if your goal is to have a life without financial worries. So read and read more. You never know, you might find your calling or your dream job after reading something about a particular subject.
3. Don’t put your eggs in one basket
Having a job and earning a steady income can relieve you of financial stress because you know that you will have a check every 14 days or in some cases, weekly. However, I believe that this way of thinking is not very good. Yes, working for a company, especially a big one, can make you feel financially secure but you just never know what will happen tomorrow. There might be a company wide layoff, the company can go under very quickly, you may screw up badly and the list just goes on and on. Basically, what I’m saying is that there are just too much unknown factors that can happen that are beyond your control.
Having all your eggs in one basket, in this case, only one source of income, is not a great plan. You should try to develop more income streams so that if one suddenly stops, you won’t be stressed too much. How to do that is up to you but it all starts with investing in yourself.