« back to Work Life

Investing in yourself

December 01, 2010

When you hear the word ‘investment,’ most people think of stocks, bonds, or mutual funds. But one of the greatest investments you can make is in yourself. Whether you’re getting a post-secondary education or volunteering at a local community centre, there are ways you can improve yourself – and realize some impressive returns. Here’s how.

School’s in session

Spending your hard earned money on a college or university education may seem like a lot, but it could help you earn much more in the years to come. In fact, studies show that workers with a college degree earn nearly twice as much as those without.

Make the rounds

Take the time to build relationships and develop connections by joining the local chapter of a business association, attending trade shows or simply inviting colleagues out for lunch. For the price of a cup of coffee, you can make valuable professional connections and access a wealth of knowledge and expertise.

Volunteer your time

Whether you wish to donate your time at a local charity or provide training workshops in nearby towns, volunteering your time is a great way to meet people, expand your network circle and feel good about giving back to your community.

Gain an edge with interning

If you’re a first-time job seeker or have just changed careers, an internship is an excellent way to gain hands-on work experience. But that’s not all. Not only will you figure out if this is the right career for you, but you’ll meet people in your field, get a chance to apply your hard-won skills and gain the confidence you need to enter the job market.

Start reading

You don’t need to hire a high-priced financial advisor to learn the ins and outs of investing. Diving into a best-selling book on personal finance – even once a month – is certain to improve your financial literacy and help you make better financial decisions in the long run.

Make time for a financial plan

You spend hours planning your family’s dinners, your colleague’s surprise birthday party and your car’s maintenance schedule. But how much time do you allot to sitting down and reviewing your finances? Spending a little one-on-one time with a Scotiabank financial advisor can do wonders for your peace of mind and financial health