We all tend to have one common goal in life, and that is to make enough money to live comfortably and support the ones we love. There is a lot of talk about making money, and how to get rich quick, and all other outlandish attitudes surrounding money-making, but where is all the conversation about spending money? As someone who started investing in myself earlier in life, one thing I learned is how to spend my money wisely and how to invest further in myself, my business, and in areas that contribute to something of importance.
I became successful in my business at a very young age. When I was 16, I read the book “Rich Dad Poor Dad” by Robert Kiyosaki, and it changed my life. The book allowed me to look into my financial future, and I realized that people put themselves into boxes and fail to believe that they can be the ones to break through barriers in life. For me, I asked myself one simple question that changed everything – “why shouldn’t it be me?” Three years later, I find myself with a successful 7-figure business and a good idea of how to spend and invest in myself and my business to set myself up for future financial success.
What’s taught to us as a society is that we need to make money. It is drilled into our heads that making money is extremely important in life, however, what people fail to talk about enough is how to make money work for you & spend that money properly and invest in yourself. Part of the secret to my success and what I’ve learned so far is that common expression “you have to spend money to make money.”
Education is the Best Investment You Can Make
Warren Buffett once said, “The best investment you can make is an investment in yourself.” Investing in your education is investing in yourself. Knowledge is power, and you have the ability to acquire knowledge through educating yourself. Whether it be through books, courses, schooling, online YouTube tutorials, or through news publications, acquire knowledge and never stop.
Everyone also has different skills. As Albert Einstein said, “Everybody is a genius, but if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.” The modern-day school system is throwing kids off course. If you are someone who has a more creative brain, and you are forced into taking science curriculum that doesn’t make sense to you, how is this bettering you and setting you up for a successful future? The answer is that it’s not. Everyone has genius in them, but genius comes in many forms. Just because you underperform in school does not mean that you are not smart.
Investing in your education means taking your education into your own hands and building on the skills you already have or are interested in learning. I believe that education is the basis of how most of the problems in the world can be fixed. If you can be educated on only the topics that you genuinely care about instead of what the school system is telling you that you should care about, then you will have more confidence in yourself to aim for the stars in life. Never stop learning, and never stop investing in your version of education.
Invest Back into Your Business
You spend all your time and effort building a successful business, and now it is time to nurture it. Treat your business like you would treat yourself and invest in it. Building my business did not happen overnight and sustaining a business can be just as hard as getting started. When I saw that my business was taking off, I educated myself on how to best spend the money I was making, and the answer I kept seeing was that I needed to invest in my business.
The more you invest into your business, the better your business will run, and the higher likelihood that your business will sustain its profitability. If you have a team of employees who are working for you, and you are paying them fairly and offering them benefits and incentives, they will only work harder and be more satisfied and driven to push your business forward. Invest in your business, your employees and yourself, and your business will continue to thrive.
I became successful at a very young age because I was open to education, investing in myself, and investing in my future. I am open to all of the ways I can spend and invest my money wisely, and if you are open to it, you will become a successful spender as well.