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Investing in yourself was one of the most important ways self-made millionaires were able to grow their way to becoming wealthy. Here are some examples of how they invested in themselves:
Education and Learning:
- Take online courses (e.g., Coursera, Udemy) to learn new skills like coding, marketing, or data analysis.
- Read books or listen to audiobooks/podcasts on topics like personal finance, leadership, or self-improvement.
- Attend workshops, seminars, or industry conferences to stay updated and network.
Health and Wellness:
- Join a gym, hire a personal trainer, or start a fitness routine to improve physical health.
- Invest in mental health by seeing a therapist or practicing mindfulness through meditation apps like Calm.
- Prioritize nutrition by learning to cook healthy meals or consulting a dietitian.
Career Development:
- Hire a career coach or mentor to refine your professional goals and skills.
- Build a personal brand by creating content on platforms like LinkedIn or X to showcase expertise.
- Learn a new tools or software (e.g., Adobe Suite, project management tools) to boost your resume.
Networking and Social Skills:
- Join professional organizations or local meetups to connect with like-minded individuals.
- Volunteer for leadership roles in community projects to develop teamwork and communication.
- Practice public speaking through groups like Toastmasters to gain confidence.
Financial Literacy:
- Take a course on budgeting, investing, or retirement planning to secure your financial future.
- Work with a financial advisor to learn how to invest in stocks, ETFs, or real estate.
- Start a side hustle to diversify your income streams and learn entrepreneurial skills.
Creativity and Hobbies:
- Invest in tools or classes for a creative outlet like photography, writing, or music production.
- Explore hobbies that challenge you joy and reduce stress, such as gardening or painting.
- Dedicate time to journaling or self-reflection to clarify your values and goals.
Time Management:
- Use productivity techniques (e.g., Pomodoro Technique, Pomodoro) to optimize your daily schedule.
- Invest in tools like Notion or Trello to organize your tasks and projects.
- Learn to delegate tasks or outsource low-value work to free up time for high-impact activities.
Travel and Experiences:
- Travel to new cultures to broaden your worldview and adaptability.
- Attend cultural events or language classes to develop global awareness.
- Take calculated risks, like moving to a new city for opportunities or starting a passion project.
Each of these approaches builds your skills, confidence, or well-being, creating long-term benefits. Start with areas that align with your goals and dreams! If you want more tailored suggestions, let me know your interests or priorities.
Tom Corley is an accountant, financial planner, public speaker, and author of the books “Effort-Less Wealth: Smart Money Habits At Every Stage of Your Life” and “RichKids: How to Raise Our Children to Be Happy and Successful in Life“. Corley’s work has appeared on CNN, USA Today, The Huffington Post, SUCCESS Magazine, and many other media outlets and podcasts in the U.S. and 27 other countries. Tom is a frequent contributor to Business Insider and CNBC.
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