How to invest in yourself on a budget

Story By: Philipina Badu

Our twenties can be filled with uncertainty as we aim to become the adults we promised ourselves we would be. The rush of possibilities both worries and excites us, and as a result, every part of our lives becomes a challenge to improve. However, the key is to focus on pouring into yourself, rather than wearing yourself out.

Investing in ourselves during our twenties should be affordable and practical. There’s no need to spend money on fake mentors and overpriced courses to invest in yourself. By following these self-investment tips, your future self will thank you for building a solid foundation.

1. Health

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Physical, mental, and emotional health are interconnected and should be equally prioritized so that one doesn’t negatively impact the others. Keep your body healthy on a budget by swapping gym memberships for free YouTube workouts and skipping restaurant outings by cooking with affordable staple foods. The physical health improvements will have a positive impact on mental and emotional well-being, resulting in improved sleep, reduced stress, and a clearer mind. For additional mental and emotional support, seek low-cost therapy options through community programs or telehealth services.

2. Career

Career development is typically the most pressured aspect of our lives during our 20s. Therefore, being resourceful will lead you to the open doors you seek.  A career counselor can guide you to your best options, such as community college, certifications, internships, or volunteer opportunities. Whether or not you have a degree, further education is always a plus. There are many budget-friendly platforms, such as Coursera, to expand your knowledge in your chosen subject. And once you’re ready to put yourself out there, use free and budget platforms for your resume and portfolio, such as LinkedIn, Canva, and Wix.

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3. Finance

Finance is more than just opening a checking and savings account, although that’s an important first step. Beyond that, you’ll have to get into the habit of budgeting, building credit, and even investing. Start with a financial literacy book and other sources, such as Investopedia. Then invest in a budgeting app such as Mint, and a starter credit card from your bank. Once you have established your accounts and cards, invest in protection against financial theft with an RFID wallet and monitor your accounts for suspicious activity.

4. Skills

The more life skills you learn, the more self-sufficient you’ll be. Being able to cook or drive can save you time and money by increasing your independence. Think about all the adulting skills you could benefit from in each area of your life. At home, it’d be beneficial to sharpen your cooking, meal-prepping, cleaning, and organizing skills. Technology skills would be helpful for personal or work projects that require digital tools. Lastly, grooming is a skill that will help you feel and look your best as you present yourself to the world. Putting looks together for various occasions to your liking is a fun way to create your own personal style. Choose affordable options, such as thrifting to find classic pieces you’ll use for a long time.

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5. Joy

Your 20s aren’t just about navigating the real world; they’re also about discovering what lights you up as an adult. Setting aside time for hobbies and activities that bring you joy is an excellent way to relieve stress and a reminder to enjoy life. Choose an activity that sparks your creativity, such as painting, dancing, or writing. These hobbies are affordable, as DIY projects, renting instruments, or joining community classes are budget-friendly options.

Investing in yourself in your 20s doesn’t mean spending lots of money to have your life all figured out.  It should be about building habits and skills in each area of your life that will lead you to a solid foundation. Nurturing your health, career, finances, skills, and joy now will ensure you develop into a confident and independent adult. Take the first step to choose yourself every day to build the life you dream of.

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