How To Invest In Your Future? 10 Smart Tips
We all want a good, secure future that makes us happy. We want a family, a car, a nice house, a good job with a good pension. We want flexibility, health and internal harmony.
The problem is that far too many of us simply don’t have the time to answer the future question, and therefore we shirk from planning things. But if you want to have a good future, you need to take responsibility for it; you need to invest in it.
There is only one person who can decide whether or not you will have a happy future, and that’s you. I can’t decide for you, and neither can your mom, your dad, your friends, or even your spouse. It’s all down to you. Circumstances play no role here; you need to take action.
But what can you do to have a positive future where your destiny is in your own hands?
The most important thing you can do is invest in your future. This might mean that you make sacrifices now so that you can reap the rewards later on in life. It might mean that you invest time and energy into something that doesn’t give you an instant return.
Too many of us live in the moment. When the future inevitably arrives, the only things we have are our memories. They are nice memories, and we might say that we don’t regret a thing. But if you truly don’t want any regrets at all, you should put some time aside now to plan for your future. Let’s take a look at a few ways you can invest in what lies ahead.
You simply cannot afford to put off planning your future anymore. You’ve arrived at this article, which probably means that planning for your future has been on your mind for quite some time. So, rather than taking note of the things you read, you need to take action right away.
It takes a lot of time to build something, and you can’t keep putting this off for another day. Procrastination is your enemy here. Starting now means that you’re starting at the right time. You’re starting early. Do it. Don’t wait!
Go On A Health Kick
It’s very tempting to eat for today. It’s tempting to gorge on candy bars after a long day at work because they taste oh so good. It’s very tempting to go out for a hamburger with fries on a Friday night because you deserve it.
In the short term, you feel fulfilled. But what about the long-term? What damage are you doing to your health?
You need to start building healthy habits now. Swap bad snacks for good snacks; change your eating habits to incorporate more fruit and veg. Start exercising.
Be Willing To Give Up Your Time
There are always things we would rather do than planning for something abstract. We would rather live in the moment and do something tangible, such as go to the gym, hang out with friends, catch a movie, make dinner, or go on a date. We enjoy instant returns and rewards. We go to the soccer game because it gives us a thrill there and then, as does going bowling or sky diving.
But it really is time to start sacrificing some of your time to investing in your future. It’s time to start working on something where the rewards come later, such as a night course at college, or a novel you’ve been planning to write since you graduated.
Improve Your Knowledge Base
The great American investor Warren Buffet once said that “the more you learn, the more you earn,” and he’s totally right. Knowledge is still power, and the more you have of it, the more you can accomplish.
The more you future is in your hands.
The more successful you’ll be.
The happier you’ll be.
Knowledge helps us in so many ways; it opens up career paths to us, lets us see new opportunities, gives us perspective, foresight and so on. It puts us ahead of the competition.
Nobody who is crammed with knowledge cannot have the potential to succeed. We recommend that you read as many books as you can, listen to as many iPods as possible, and watch a few TED Talk videos.
Build Up Some Savings
Many people don’t have any savings. But savings can really arm you whenever you run into trouble in the future, or when you want to make an investment in something. Clear your debts and start being more thrifty with how you spend your money. Give yourself a financial foundation from which you can build. You’ll be amazed at how liberating this is.
Network With People
We can’t always invest in our future alone. We can’t always get to where we want to be by ourselves. As willing as we are, and as skilful as we are, we do rely on other people.
This is where networking comes in. Your network of friends, acquaintances and business associates could be the strongest asset you have. It can help you to find new opportunities, explore new career paths, acquire more knowledge, and land the job you’ve always wanted.
People are there to be called upon when you need them; you do them a favour and they’ll do you a favour. Build your network by talking to the right people. Find who the connectors are and connect with them. LinkedIn is a great place to do this.
Build A Small Business
Okay, you might not have time to build a small business with an office that employs up to 5 people. Granted.
But you might have the time to build a small business that you can run from home on your laptop, and which employs just you.
Lots of budding entrepreneurs started out in this way, working on a small business they ran from home that harmonised with their full-time job. Such a business is a great way to invest in your future; it can teach you new skills, prepare you for new challenges and surprise you, and could actually lead to something amazing in the future.
Acquire New Skills
You don’t have to go back to college to learn new skills. Instead, you could go to the library and pick up a book on another language. You could go for piano lessons once a week. You could go to a sports club and learn how to play basketball, or go to a cooking class and become a renowned chef on the side. Learning new skills improves your future flexibility.
Work On Your Spirituality
You might not be a spiritual person. But this doesn’t mean that you can’t harness your spirituality.
When we talk about spirituality, we use the term loosely; we talk about your mind, your will, and how you deal with things. Do you bottle them up? Do you explode when your colleagues annoy you? What motivates you? How do you respond to challenges or setbacks?
Working on these kind of things can help you in the longer-term. If you respond poorly to failure, this is something you can work on.
Don’t Think Of Investing As Work
If you think of investing in your future as work, you’ll hate doing it. Your relationships will suffer, and you’ll become miserable. Instead of hanging out tonight, you’ll groan to your friends that you have to stay in and “invest”. Boring.
It’s important to remember that investing in yourself is not work, and it’s not something that you need to obsess over. You can still have the time to meet your friends and do all the stuff you want to do. As long as you spend a bit of time each week planning for your future, you’re all sorted.