4 Ways to Invest in Yourself for the New Year

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4 Ways to Invest in Yourself for the New Year

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They say that you are your best asset. If you truly are your best asset, then it's probably time to invest in yourself.

When you invest in yourself, you are likely to see solid returns that continue to reward you over time.

When you invest in yourself, you can not only improve your outlook on life, but you can even improve your earning power.

Here are 4 ways to invest in yourself during the coming year:

1. Boost Your Health

One of the best ways to invest in yourself is to work to improve your health. The way you feel can make a big difference in your work and in your life. Better health means more energy and focus. You will be more productive, getting more work done -- and doing it better. This type of improvement can lead to promotions and pay raises.

Investing in your health also pays long-term dividends for your life. Better health means that you are likely to enjoy your retirement years later, and you will have a greater likelihood of a lower cost of living. Insurance costs and other health care costs are usually lower when you have good health.

Make it a point to improve your diet, exercise more, and get adequate sleep in the new year. You'll be amazed at how focusing on your health can pay dividends.

2. Brush Up Old Skills and Acquire New Skills

Take the time to brush up on old skills and learn new skills. Think about a skill that might benefit you down the road. Could you improve your ability to make presentations? Does it make sense to brush up on your writing. Is there a certification you could earn that would showcase your expertise?

Think about the different skills that contribute to your ability to do your job, as well as that might make you more marketable in a new job. In some cases, adding new skills to your arsenal can result in saved time or saved money.

3. Improve Your Resume

When was the last time you updated your resume? Now that you're moving forward with brushing up on new skills and learning new things, and now that you're increasingly productive (thanks to your focus on healthier living) it's a good time to improve your resume. Update your resume so that it's ready. If you decide to go on the job hunt again, you'll be ready. It also doesn't hurt to be ready in the event of an unexpected job loss.

While you're improving your resume, don't forget to network with others. Forge relationships that can leave you open to new opportunities. Your career prospects will improve, creating an investment in yourself with great returns over time.

4. Read More

Reading can be a great investment in yourself. Read books that can provide you with good information and inspiration. It's amazing what you can learn from books. You can find out what others have done to reach success, and emulate their practices.

You can learn about a number of subjects, from how to manage money effectively to how the situations in different countries around the world might affect your ability to make money in the future.

Even if you read for recreation, it can help. You can improve your vocabulary, boosting your ability to communicate. It's also possible to improve your outlook on life just by taking a few minutes each day to relax with a good book. Relaxation is an important part of a well-rounded life that results in productivity.

With a little planning and effort, it's possible to invest more in yourself this year -- and reap the benefits.

guest personal finance expert Miranda Marquit, for leading provider of debt relief, careone services, inc. Miranda Marquit

Miranda is a freelance writer and professional blogger, specializing in topics related to personal finance and business. Her work has appeared in, and been linked to from, a variety of publications, online and offline. Miranda blogs for a number of web sites, and has her own personal finance blog, Planting Money Seeds

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