Invest 2% Of Your Income In You

Media / Blog

Invest 2% Of Your Income In You

Prev

Atlanta Small Business Profile – Chad Conley, Complete Roofing Systems

May 05, 2019

When we think about investments, we often direct our attention to categories such as stocks, bonds, and real estate.   What we don’t think about often is our most valuable asset, which is our ability to earn an income and how we can grow that income faster.  Almost 20 years ago, I met an extremely successful business owner who gave me a simple lesson: Invest 2% of everything you earn back into your ability to grow your income.

So, what does this mean exactly? Investing in you is like diversifying your portfolio investments.  It means that you might take a chance and invest in that side hustle you think could be a business.  It means investing in a training course or advanced education that could further your current career.  It means investing in a personal coach who could improve your business performance.  It could also mean investing in an exercise or nutrition program that could give you more stamina every day to accomplish more.

 The bottom line is that we spend money on vacations, entertainment, food, and other expenses that generally don’t grow our income. We also invest money in 401(k)’s, IRA’s, real estate and brokerage accounts that may grow our net worth.  But ask yourself this question, “Have I ever considered what investing 2% of my income in myself would do to my earning power so I could have more money in life?”  It’s the best advice I’ve ever received, and I do it every single year.

Ted Jenkin, CFP®, AAMS®, AWMA®, CRPC®, CMFC®, CRPS®  
Co-CEO and Founder oXYGen Financial, Inc. Request a FREE consultation: www.oxygenfinancial.net

Next

The Atlanta Small Business Show on Peachtree TV: Episode 10

Sign Up

Sign up for our exclusive Sunday Paper with a weekly market commentary, insightful personal finance blogs, and life changing education guides.

Email sign up

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice.

This site is published for residents of the United States only. Registered Representatives of Kestra IS and Investment Advisor Representatives of Kestra AS may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed. Not all products and services referenced on this site are available in every state and through every representative or advisor listed. For additional information, please contact Kestra IS Compliance Department at 844-553-7872.

PLEASE NOTE: The information being provided is strictly as a courtesy. When you link to any of the web sites provided here, you are leaving this web site. Kestra IS and Kestra AS makes no representation as to the completeness or accuracy of information provided at these web sites. Nor is Kestra IS and Kestra AS liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, web sites, information and programs made available through this web site. When you access one of these web sites, you are leaving our web site and assume total responsibility and risk for your use of the web sites you are linking to.