Learn to invest in yourself
- Subrata Roy to remain in Tihar, Supreme Court calls Sahara's proposal "dishonourable"
- Arvind Kejriwal stopped on way to meet Narendra Modi
- Modi's next round of Chai pe charcha doesn't have police permission yet
- SC issues notice to Centre on Kiran Reddy's PIL against creation of Telangana
- Jat quota after riots hurt Muslim sentiments, says Alvi
I am presenting 'Invest in yourself" in a three-part series; 'What does investing in yourself mean?', 'What you must do to be able to invest in yourself?'and 'What are the pitfalls you should avoid to successfully invest in yourself? I am keen to have your feedback on this series as we move along. So here's part 1 of the series.
What does "Invest in yourself" mean?
Every other day I am confronted with the question, "What is the best investment now?" I always try and give the second best possible answer because the best answer is seldom understood. The best answer is, and always will be, "Invest in yourself". That is right. You are your greatest asset and you are responsible for everything you do. Think about it. You are responsible for all matters in your life; be it your career, future, wedding, self confidence, self esteem, investments, prosperity, charity or personal growth.
I am referring to "Invest in yourself" as a method by which you learn to trust your own conviction for the decisions you take.
Learning to manage money
First things first; no matter how much people talk and what they say about their life and achievements, the fact is most people always feel they do not have enough. Secondly, most people think and believe they can, and should, manage their money themselves. If we were to put these two statements together, the conclusion is that people do not know how to manage money. Earning money is far more simpler than managing it. But despite that most people want to do manage their wealth themselves. So, it is a good idea to know what it takes to manage money on your own.
The basis of managing money is being able to take financial decisions and stand by them. Hence, once a decision is taken you must believe in yourself, trust your conviction that the decision is correct and therefore you will stick to your decision with the expectation that you will reap profits in time.