My best investment recommendation for you this year is...and no, this is not sponsored.
Want to know the best investment that you can make this year to help make you wealthier? This investment not only provides the highest financial return but also benefits your emotional health.
The good news is that it is actually quite cheap, in fact it’s $30 cheap…so keep reading.
One of the best investments that you can make in yourself is education. But it’s important to seek your education from accurate sources, who can guide you down the correct path. When we do this, we increase our value to the world. We increase our knowledge, our experience, our earning capacity and our family and community benefits. And this is in addition to the internal benefits of self-worth and self-confidence.
So, my advice to you is to invest in your own financial education. Learn about what investments are right for you, what investments will help achieve your financial goals and dreams. There are so many great resources out there to help become more informed and more educated. And one of my personal best recommendations is “Motivated Money” by self-published author, Peter Thornhill.
Whilst this book in written about the Australian share market, the messages are universal. You can apply the message, the numbers, the advice to almost every major country around the world, (with the exception of franking credits). Also, the book is easy to read, you could easily knock it off in a weekend. Peter explains everything in layman’s terms, so the book is extremely approachable. None of the intimidating, convoluted jargon that often fills financial experts’ journals.
In fact, the title says it all. Once you have read “Motivated Money” you will be bursting with motivation and insight. You will start to rethink your financial goals and dreams, rethink the way that you invest and spend money and actually feel a strong calling to get onboard and start building your own life of financial freedom, just like Peter and his wife Frida have done, slowly, steadily, wisely and enjoyed every minute along the way.
Canna Campbell is the founder and director of SASS Financial Services, a boutique financial planning firm. She is a Channel 9 Financial Commentator, founder of financial media platform SugarMamma.TV and best selling author of The $1000 Project and Mindful Money.