Invest In Your Own Vehicle

QUOTE OF THE DAY

INVEST IN YOUR OWN VEHICLE

487 Words | 1 Min 46 Sec Read

When it comes to making your money make you more money, the best and most undefeated method that you can use to do so is by investing in your own vehicle. The term 'vehicle' is used to describe something that will take you from A to B, and in this case, from where you are financially to where you want to be financially.

This can be as simple as investing $100 on car cleaning supplies to start your own business or investing $400 on a new bike so that you can start food delivery. It doesn’t have to be sparkly or sexy; all it has to be is something that logically makes sense and, when combined with your actions, can make you money reasonably effectively.

The majority of people fall into this mindset of not being willing to invest in themselves; they hope that opportunities will fall into their laps, and when they do, it will be at no cost. The truth is, however, that everything has a cost.

This is probably the quickest and most efficient short-term method of making your money make you more money because all you have to do is pick the right vehicle that seems to give you the best return on your money and then get to work.

Here are a few ideas for vehicles that you can invest in:

• A bike or car to do food delivery

• Supplies to start a mini-maintenance business (cleaning or fixing things around people's houses, etc.)

• Software that allows you to start that online side hustle

• A laptop so you can start editing videos for people

These are just a few examples of vehicles that you can invest in, but the key thing here is to invest in something that makes sense to you. Create a game plan and allow yourself to spend some money on bringing that game plan to life, as long as you know the investment will provide you with a positive return.

For example, investing in a $5,000 car to become an Uber driver may not be the best kind of investment to make, as it can take you months on months to pay off that investment, whereas buying a bike to do food deliveries can be paid off in a week.

ACTIONABLE NEXT STEPS:

Find your own vehicle; it doesn't have to be one from the list, and in all honesty, it probably shouldn’t because it has to be the vehicle for you that’s going to point you in the right direction. There's no point in buying a laptop to start editing for people if you hate editing, so find the vehicle that suits you best and be willing to invest in it.

TAKEAWAYS:

The best way to make your money make you more money is through investing in your own vehicles, something that will allow you to have an advantage or a tool that you can use to further your own cause.

BOOK OF THE WEEK ⤵️

The book of the week is ‘The Lean Startup’ by Eric Ries, and in the spirit of entrepreneurship, this book fits right in. The author teaches you from first-hand experience how to create a business in the most efficient way possible in modern times, speaking directly from experience. Check it out!

CREATOR OF THE WEEK ⤵️

@inthewvlogs

It's incredibly sad, but you CAN make a change. #fyp #foryou #motivation #educationsystem #theyouth #youngpeople #schoolsystem #educations... See more

The creator of the week is @inthewvlogs. He makes inspirational and educational content in a very straightforward and real format, covering various topics from the education system to mental health that some would see as slightly controversial but necessary to hear. Check him out.

LESSON OF THE DAY ⤵️

If you want to change what you do, change who you compare yourself to.