Spend to Learn

Educational spending is an excellent habit for a person who wishes to spend in order to grow rich. What do I mean? Spending on books, audio or visual recordings, classes and seminars - in order to improve one's mind - is the sort of spending that can pay dividends in the long run. The contents of a class cannot be foreclosed upon like a car or a house. The knowledge gained from a book can have a longer lasting impact than any meal. Spending to improve your mind through education is an excellent habit, particularly for a person who wishes to spend in order to grow rich.

How can educational spending help you to grow rich? Perhaps you could spend your time learning a new skill, learning a new method of trade, learning about a foreign culture, learning about sales, learning about business, learning to be a better writer, a better reader, or about how to offer better customer service. The time and money that you spend in acquiring such knowledge can be used to acquire more money (and more time). The old saying is true: "You can give a man a fish and feed him for a day, or you can teach a man to fish and feed him for life."

So when you spend, are you simply buying fish, or are you buying the tools that you will need to make yourself a fisherman? And once you know how to fish, are you spending your resources to learn how to make yourself a better fisherman? Are you trying to become more effective at fishing (so that you can spend less of your time trying to catch fish, so that you can spend more of your time doing what you truly enjoy doing in life)?

Spend to improve your mind, to make yourself a better person, to acquire that which cannot be taken away, to gain skills that - even if everything should be taken away, you could build it all back up again.

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