When we think of investments, we usually think of wealth-building. This, of course, is an excellent idea, but what if we were to broaden our idea of both the words “investment” and the word “wealth?”
When you “invest” in something, you sacrifice something of value to earn something of more value in return. However, besides money, value also comes from time and attention, which also both happen to be limited resources.
When you build “wealth,” you follow a systematic process to acquire more money and assets. However, you can also think of wealth as health, education, relationships, and happiness. After all, these also contribute to increasing the harmony and well-being in your life. So, when it comes to designing a rich life, think beyond your stock portfolio when it comes to building wealth. That's just one aspect of it.
With these new, expanded definitions in mind, let's take a look at how you can invest in a way to improve your health, wealth, relationships, and personal happiness.
Invest In Your Health
By taking better care of your health every aspect of your life will improve, often in a big way. If you are not as healthy as you would like to be, you need to troubleshoot the issue. Often the answer is rather straightforward. If you feel stiff and have lower back pain, you need to start doing some flexibility exercises. If you don't sleep well at night because of a lumpy mattress, then go to a mattress store and invest in a mattress that will give you a good night's rest.
Here are four ways to invest in your health:
- Learn how to eat a nutrient-dense, rather than calorie-dense, diet.
- Develop a regular exercise routine that builds your strength, improves your cardiovascular capacity, and increases your flexibility.
- Make sure that you avoid dehydration by drinking more water.
- Get as much sleep as you need every night to make sure that you wake up feeling refreshed.
Invest In Your Education
Learning and earning go well together. However, this is only true if there is a direct correlation between the two. If, for instance, you have a Ph.D. in neuroscience but you work in the computer industry, there is no correlation. In order to get ahead in the computer industry, your education needs to be aligned with your career. When it is, you could easily multiply your income because you will be able to deliver more value and a higher level of service to your company.
However, along with regular wealth, don't go into a lot of student loan debt simply because you believe you need more education. An investment requires an ROI, so don't let debt ruin that for you.
Invest In Your Relationships
The quality of your relationship has a huge impact on your health and well-being. In fact, having good relationships may even contribute to your longevity. However, relationships are not easy.
The differences between people can cause enormous conflicts. So, when you have a choice, seek out relationships with like-minded and like-hearted people. Getting along will then be almost effortless. Besides surrounding yourself with compatible people, you also need to build on your relationships, working at being kinder, gentler, and more considerate person, someone who makes an effort to understand things from the other person's perspective.
Invest In Your Personal Happiness
Happiness is often considered as some kind of prize. You either stumble upon it quite by accident when you have a wonderful experience or you work towards it as you achieve your goals. While, of course, it's hard to deny that going on a wonderful vacation or spending an evening with a friend at a new restaurant with great food stimulates a spontaneous sense of happiness, and it makes perfect sense that achieving a long-sought goal will make you feel good, these sources of happiness are unreliable.
Having a good time is usually an accident and achieving a lofty goal often takes a long time. You also need a more sustainable source of happiness. This can be achieved in a simple way by increasing the number of things that you like to do and decreasing the things that you dislike doing. Why is this important? It's because happiness has many profound benefits: when you are happier, you are also healthier, easier to get along with, and far more creative. Happiness, in other words, is more than an emotion, it's also arising as a result of achieving an optimum state of well-being.
In conclusion, think in terms of creating “harmonious wealth,” which is wealth that helps you flourish in many aspects of your life. You can significantly improve the quality of your life by thinking of investments and wealth-building in a broader context.