From the course: Personal Finance Tips Weekly

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When is it smart to invest in yourself?

When is it smart to invest in yourself?

From the course: Personal Finance Tips Weekly

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When is it smart to invest in yourself?

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- One of my favorite sayings for myself as well as for clients is, you can't get a different output using the same inputs. What that means is that when we get stuck, it's often because something's missing and we can't move forward until we get it. We might need information, time, support, a different strategy, a lot of things. But we may struggle to reach out for this things, especially if they cost money, so we remain stuck. It raises the question, when is it smart to invest in yourself? Something is a smart investment if we're likely to get more value out of it than what we put into it. So the first thing to identify is what you hope will change as a result of this investment. We wanna be as clear and concrete as possible. If you get more help at home, what might you create with that additional time? If you learn a new skill or add a new credential, how much more could you earn in your field and what other opportunities would you be qualified for? Next, we wanna consider the cost of…

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