You don’t have to inherit a trust fund or run a business empire to become a millionaire. According to the 2014 Fidelity Millionaire Outlook Study, specific money-related behaviors can enable you to accumulate significant wealth, counted in the millions of dollars by the time you retire.
Most of my money has been invested in the stock market. But occasionally, I invest in myself. Honestly, I think I should invest more money in myself and my business but my frugality often gets in the way. And, while I rarely hesitate to spend on my children (for summer camps, enrichment programs, musical instruments, sports gear, and college education), I tend to ponder and over-think investments in me.
In addition to my general reticence to spend money, I am often unsure of what investments will pay off. So, while I have come to realize that it’s okay to spend money on me, I still struggle with determining whether an expense today will yield results tomorrow. Still, fortunately, there are notable examples of investing in myself that have reaped benefits, both tangible and intangible.
Here are several investments that I am glad I made: