Community//

Create an Enriched Life with This Investment Principle

It's so simple, anyone can start applying it today!

create an enriched life with this investment priciple
create an enriched life with this investment priciple

When asked what are some cliche things coaches say, someone answered: “Invest in Yourself”. It’s true that coaches say that often. Most of the time that’s interpreted as a sense of spending money on one of their coaching packages. Which is indeed a way to invest in yourself.

The term “invest in yourself” goes deeper.

We all have resources available to us. Time, money, knowledge, connections, internet and accommodation are just a few examples. The question is; are we investing those resources in ourselves? Or are we investing them in other people?

Maintenance Investments

When someone is working a full-time job, they’re investing their time and knowledge in exchange for money. That money can then be re-invested into various different things. Housing, transportation and food are all common ways that person can re-invest in themself in order to stay alive and continue the cycle.

Those types of investments can be seen as maintenance investments. They help that person maintain the standard of living they’re accustomed to. Maintenance investments are the most common investments we see in our world today.

Enrichment Investments

Then there’s Enrichment Investments. These are the type of investments that enriches the quality of life the person already has. Some examples of enrichment investments are, education, better accommodation, healthier meals, wellness, guidance and even charity. All these categories enhance the person’s life in one way or another and could potentially bring exponential returns. Enrichment Investments is investing in better.

Investments Can Fail

With any type of investment, there’s potential for failure. Often people focus on the potential for failure when it comes to the Enrichment investments. There are no guarantees that it will actually enrich someone’s life and often they are a bit riskier than the Maintenance investments.

However, Maintenance Investments are also uncertain. Going back to the example of a full-time employee, historically the chances of that person losing their job are smaller. What a lot of people forget is that this risk is increasing with our fast-paced world. There are plenty of job categories that were booming in the 20th century that no longer exist.

The Golden Investment Principle

As with investing in the stock market, it’s best not to have all your eggs in one basket. That’s why coaches often use the term “invest in yourself”. What they’re really saying is don’t only invest in Maintenance, try your best to also invest at least a portion in enrichment.

When someone invests a portion of their resources in enrichment regularly, eventually they will start seeing a return. For example, investing in that coach will certainly transform the way that person does things in their life. That can lead to more resources, whether it’s time, money, energy, peace of mind or something completely different.

So whomever you are reading this, challenge yourself to use the resources available to you for some Enrichment Investments. Everything in this life is a transaction. The question is, are the transactions you’re making benefitting you?

The Thrive Global Community welcomes voices from many spheres. We publish pieces written by outside contributors with a wide range of opinions, which don’t necessarily reflect our own. Learn more or join us as a community member!
Share your comments below. Please read our commenting guidelines before posting. If you have a concern about a comment, report it here.

You might also like...

Community//

Invest in Yourself: How to Level Up Your Skills

by Monica Rodriguez
Community//

You Know You Should Invest, But In What?

by Rewire Inc
Community//

What is your self investment plan? Are you looking after your number 1 asset?

by Adam Stott

Sign up for the Thrive Global newsletter

Will be used in accordance with our privacy policy.

Thrive Global
People look for retreats for themselves, in the country, by the coast, or in the hills . . . There is nowhere that a person can find a more peaceful and trouble-free retreat than in his own mind. . . . So constantly give yourself this retreat, and renew yourself.

- MARCUS AURELIUS

We use cookies on our site to give you the best experience possible. By continuing to browse the site, you agree to this use. For more information on how we use cookies, see our Privacy Policy.