I tend to be extremely frugal when it comes to investing in myself!  I feel like I am wasting money or as a family, we would be better served to use that money here or there.  BUT, I recently read about the 3% Rule and let me just tell you it got my attention!  I am going to immediately put this into practice and I’ll let you know how it works out.

I often tell people “you have to take care of you before you can take care of everyone else”.  Your spouse needs you, your kids need you, you extended family, your friends…you have  a purpose and whether you have found that yet or not you DO have a role you are playing in this game of life and it is important.  I do feel that taking care of your health, your mindset, your finances…all of it is important but by INVESTING IN YOU, you can bring MORE to the table.  More ideas, more skills, and yes even MORE MONEY.

Brian Tracy says “To guarantee your lifelong success, make a decision to invest 3 percent of your income back into yourself.”  He tells a story of a man, about 30 years old, who came up to him at a seminar Brian was hosting.  The man had heard Brian’s “3 Percent Rule” 10 years prior and at that time he had dropped out of college, was living at home, driving an old car, and earning about $20,000/year as a salesman.

He decided after he heard about this “Rule” that he was going to apply it to himself so he calculated 3% of his income of $20,000 which came to $600.  He began to buy sales books and read them every day.  He invested in two audio-learning programs and invested the entire $600 in himself.  That year, his income went from $20,000 to $30,000 – an increase of 50%!

The following year, he invested 3% of the $30,000 that he was now making (so $900) back in to himself…his income jumped from $30,000 to $50,000.  This really got his attention so he thought “If my income goes up at 50%/year by investing 3% back into myself, what would happen if I invested 5%?”

The next year he invested 5% of his income (5% of $50,000=$2,500) into his learning program.  He took seminars, went to conferences, bought more audio/video learning programs and even hired a part time coach.  That year his income DOUBLED to $100,000.

He now decided to go “all in” and raise his investment to 10%/year and has been doing that ever since…do you want to know the result?  He passed a million dollars in personal income last year!  NOW tell me it’s not important to invest in yourself.  YOU ARE WORTH IT and just look at what it can do in your finances!

If you need help and want to schedule a Coaching Call we can look at your current budget and find room for you to start INVESTING IN YOU!