4 Ways to Invest in Your Success and Well-Being (2024)

4 Ways to Invest in Your Success and Well-Being (1)« Back to Articles

Everyone yearns for a life of success and stability. We want to be happy, healthy and wealthy, but sometimes that life can seem out of reach. The truth is, ensuring your own success and personal well-being is totally achievable if you just take the time to invest in yourself.

Investing in yourself can happen in a variety of ways, and not all of them are financial. Of course, it’s important to invest in your livelihood by saving for retirement or getting a college degree, but you should also remember to invest in your mental, social, and physical well-being too. With so many areas in life to invest in, it’s best to start sooner rather than later to reap the benefits. To get you started, we’ve outlined four ways to invest in your success and well-being below.

1. Set Yourself Up For Financial Success Early

If you want to live a financially stable life down the road, you need to set yourself up for financial success early. Rather than rely on hitting the lottery and becoming a millionaire overnight, you can invest your hard-earned money and become a millionaire by retirement instead.

Did you know that if you invest a balance of $10,500 in a 401(k) by the age of 25, you could have a balance of nearly $1.2 million in your account by 65? Of course, this only happens with consistent contributions to your 401(k), but over time compound interest will grow your balance into a golden nest egg that will allow you to live a cushy, worry-free retirement later.

If you’re a particularly high earner, investing in just a 401(k) or Roth IRA for retirement may be limiting (each account type quite literally comes with annual contributions limits). Explore different avenues to invest your excess income in the stock market or even a whole life insurance policy that builds cash value over time and provides your family with a safety net.

2. Find a Mentor to Level Up Your Career

One of the easiest ways to put yourself on the path to success is to find a mentor. A great mentor is someone who can provide you with a blueprint to achieve your goals. They can warn you of potential career pitfalls and also steer you in the right direction.

This begs the question: How do you find a mentor? Luckily for you, the search process is simple. Just create a PushFar profile and we’ll suggest a number of mentors for you to choose from according to your goals and objectives. From there, you can use our platform to track your progress and schedule mentoring meetings. With your new mentor by your side, you’re sure to reach your professional goals in no time.

3. Create Work-Life Boundaries

Investing in yourself isn’t all about work and money. It’s also important to prioritise your personal life and goals. You can do this by making it a priority to create clear work-life boundaries. Sometimes cultivating work-life balance is easier said than done, particularly when you’re working remote. To establish better boundaries with your work, here are some helpful tips:

Stick to your work hours: It can be tempting to complete work or check your work email outside of your scheduled hours, but doing so can be detrimental to your mental health and relationships. It can interfere with your rest outside of work and cause you to feel overwhelmed, stressed and less productive in the long run.

Make time for fun: Make a schedule and set aside time designated for friends, family, and fun. Time with loved ones or doing the things you love will help replenish your energy and improve your social well-being. In the long run, you’ll look back and be glad that you prioritised time for the important relationships and passions in your life.

Be assertive: Creating work-life boundaries is easy in theory, but it’s more difficult if your employer pressures you to stay later or come in on your day off. While this can be necessary in some instances, you should be assertive and advocate for your needs by emphasizing how balance will help you be more productive during work hours and reduce burnout.

4. Challenge Your Brain and Body

For long term success and well-being, prioritising your physical and mental health is a must. To that end, be sure to invest in your brain and body with good lifestyle habits. Everyone needs food, water, sleep, and exercise, so make sure that you’re building in time for these. For example, sleep is important for your brain and body to recover, and adults are recommended to get 7-9 hours of sleep to be well-rested. Find what amount of sleep works best for you and stick to it.

Additionally, creating a regular exercise routine can be a game changer. According to research from Harvard Health, an hour of walking or 15 minutes of running reduces the risk of major depression. This means you don’t have to be a triathlete to see health benefits from exercise, but you do need to challenge yourself to get moving everyday.

Finally, don’t forget to keep learning! Keeping your brain sharp by learning new skills can help improve your self-esteem and confidence, which in turn will contribute to achieving your own personal success. Not only can it help you find success, but consistent learning has been found to help improve your mental well-being and also improve essential brain functions like memory and cognition.

Creating your own success and setting a foundation for plenty of well years down the road is possible if you invest in yourself. Establishing work-life balance, investing in your financial success, challenging your brain and body, and finding a mentor are all easy things to do to set yourself up for happiness and success in the long run. Pick one or all of these to try out in the new year so that you can start building a brighter future.

Author Bio

Written by Pia De Los Reyes. Pia is a writer and content creator with an M.A. in Communication. She specialises in adapting topics in the business, career, personal finance, and insurance spaces to inspire and inform everyday audiences.

4 Ways to Invest in Your Success and Well-Being (2024)

FAQs

How to invest in well-being? ›

A perfect way to start building that connection and wellbeing within yourself is to meditate, journal, go on walks alone, take yourself out on a date. Spend time with yourself and enjoy your wonderful company. Make yourself your number one priority and never save on investments in yourself, whether it's time or money.

What are the keys to successful investing? ›

Learn more about these 6 keys to better investing:

Invest for the long term. Take your risk tolerance level into account. Benefit from diversification and strategic asset allocation. Review and rebalance your portfolio regularly.

What is the most successful thing to invest in? ›

The U.S. stock market is considered to offer the highest investment returns over time. Higher returns, however, come with higher risk. Stock prices typically are more volatile than bond prices.

How are you investing in yourself? ›

Investing in yourself means actively working towards your personal growth and well-being. This could mean learning new things, honing your skills, or just making sure you're mentally and physically healthy. It's about setting goals that matter to you and really going for them.

How do you invest for success? ›

Most successful investors start with low-risk diversified portfolios and gradually learn by doing. As investors gain greater knowledge over time, they become better suited to taking a more active stance in their portfolios.

How can I invest in my health? ›

About Invest in Your Health
  1. Maintain the recommended body weight.
  2. Eat a balanced diet with moderate portions.
  3. Engage in regular physical activity.
  4. Do not smoke or use drugs.
  5. Use alcohol in moderation.
  6. Drink more water.
  7. Get control over your stress level.
  8. Have annual physical exams.

What are four 4 very good tips for investing? ›

4 Tips for New Investors
  • Align your risk with your goals. What are you investing for and how are you going to achieve it? ...
  • Diversify. ...
  • Rebalance. ...
  • Watch out for leverage.

What are the 5 golden rules of investing? ›

The golden rules of investing
  • If you can't afford to invest yet, don't. It's true that starting to invest early can give your investments more time to grow over the long term. ...
  • Set your investment expectations. ...
  • Understand your investment. ...
  • Diversify. ...
  • Take a long-term view. ...
  • Keep on top of your investments.

What are the 3 keys to investing? ›

3 keys: The foundations of investing
  • Create a tailored investment plan.
  • Invest at the right level of risk.
  • Manage your plan.

What are the 3 most common investments? ›

Perhaps the most common are stocks, bonds, real estate, and ETFs/mutual funds. Other types of investments to consider are real estate, CDs, annuities, cryptocurrencies, commodities, collectibles, and precious metals.

What is the smartest thing to invest in right now? ›

Overview: Best investments in 2024
  1. High-yield savings accounts. Overview: A high-yield online savings account pays you interest on your cash balance. ...
  2. Long-term certificates of deposit. ...
  3. Long-term corporate bond funds. ...
  4. Dividend stock funds. ...
  5. Value stock funds. ...
  6. Small-cap stock funds. ...
  7. REIT index funds.

How to invest wisely? ›

Strategizing to buy suitable investments that fit your goals, risk tolerance and time horizon. Buying the right mix of stocks, bonds, mutual funds or other assets. Holding/monitoring the assets you own to make sure nothing gets out of balance and to avoid duplicating investments.

Why is investing in yourself so powerful? ›

Investing in ourselves means dedicating time, effort, and resources towards our personal growth, development, and well-being. It is about recognising the value we bring to our own lives and understanding that by investing in ourselves, we can make a positive impact on our overall happiness and success.

How to invest in a person? ›

By “investing” in others, this means take time with them, give them your attention and mentor them. No doubt, you have lots of experience and know-how. Are you transferring your knowledge, wisdom, skills and even shortcuts to others?

How to invest in yourself emotionally? ›

Investing in yourself emotionally means doing what's best for your mind – and body. That means eating and sleeping well, reading, meditating, and socializing, among many other things. Most importantly, you need to do things that'll make you a better person.

Is Well Health a good investment? ›

WELL Health Technologies Corp has a consensus rating of Strong Buy which is based on 6 buy ratings, 1 hold ratings and 0 sell ratings.

How do I invest in my mental health? ›

There are many ways to invest in our mental health, including exercise, relaxation techniques, and therapy. While it may seem like a lot of work, investing in our mental health is worth it because it helps us to live happier, healthier lives.

How do I invest in myself emotionally? ›

Investing in yourself emotionally means doing what's best for your mind – and body. That means eating and sleeping well, reading, meditating, and socializing, among many other things. Most importantly, you need to do things that'll make you a better person.

How can I invest to increase my wealth? ›

Diversifying your investments will help protect your money from market downturns.
  1. Earn Money. The first thing you need to do is start making money. ...
  2. Set Goals and Develop a Plan. What will you use your wealth for? ...
  3. Save Money. ...
  4. Invest. ...
  5. Protect Your Assets. ...
  6. Minimize the Impact of Taxes. ...
  7. Manage Debt and Build Your Credit.

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