Investment is when you put in something like money and hope to gain something in return, like more money. Basically it is putting in effort, in hopes for returns in the future. When we invest in our health, we put in effort to improve our health in hopes that our body don't breakdown on us.
To me what we need to invest will differ at different stages of our lives. And time is a currency that is common throughout space and universe (maybe just on earth).
For instance when we are young, we should invest not only in education but also friendship. Building up our social network is so important when we are young. When you have problems or need to ask for help, who is more willing to help you? Someone you just met or someone that goes way back?
Some parents forbid their children to mix with other children who supposedly are from not well to do background. Sad as it sounds, there are parents like that. But who's to say you start from nothing, you cannot succeed? Many successful people in the world came from nothing (Oprah Winfrey, J.K. Rowling, Richard Branson to name a few). Yes surely they had to work harder compared to those who already had a head start. But time is equal for everyone, everyone has 24 hours in a day and the same number of days in a week, in a month, in a year.
Later on in life we invest our time into our careers, to earn more and save more. As young adults, majority of us will have little to no commitment. Hence, that is the best time to focus on building up our savings. Once we settle in life, find that special someone and plan to have a family, we move into the next stage.
Currently I am at this stage of life, and honestly a little scared and overwhelmed. Now, I am very curious on how I can grow my income and have a passive income (not really having to work for the money). Besides money concerns, I am also concern about health and whether or not I will be fit enough to keep up with a toddler.
Which brings me to another investment, investing in our children's future. Giving them what is necessary or more. As of now, since Eden is still a baby, there isn't much to do. But plans for her future education and co-curriculum are already playing out in our minds. What sports should we introduce her to? How can we cultivate and instill good habits in her? So many things we wished we had growing up.
And as for the next step, what to invest in? I am not there yet and I hope that someone along the way will pop in to shed some light and wisdom.
Feel free to leave me a comment if you agree or if you have other views on life in general.
