Never stop learning and Investing in yourself

Written by Ronald Pratap

on April 17, 2018

If someone asked you to name the last time you learned something new and invested in your yourself, chances are you’d think back to the last time you studied at school, uni or TAFE. It’s pretty natural to equate ‘learning’ with formal education. But most of the facts, skills and thought processes you learn don’t come from textbooks and lectures. The old saying “you learn something new every day” rings true, especially given that we’re lucky enough to live in a country with good internet access and lifelong learning infrastructure. These learning opportunities are well worth pursuing – and not just for the sake of your career. At RP Wealth Management we have a strong philosophy which is not just investing in your resources and the traditional investments, but also the biggest asset to you which is yourself as it will pay the best dividends.

The benefits of self-education

Several studies suggest serious benefits to self-driven education throughout your lifetime. One meta study from Europe concluded that there are benefits in three major areas: economic (more skills for employability), personal wellbeing (personal confidence, cognitive practice), and social.i One of the social benefits of learning new things is that you’ve got more to talk about, which opens up your ability to connect with new people on different levels, and thus expand your social networks.

Newer studies discuss how continual learning may help stave off age-related cognitive decline, including dementia and Alzheimer’s. There are different theories as to how or why this works, but one is that learning forces your brain to make new pathways and connections which it can then use for everyday functions.

Some suggest that self-paced, self-directed learning is more effective because your brain gets to pick out the new content (stuff it doesn’t know yet) and focus on that.ii But over time, the data suggests that all kinds of learning can make a difference.

Upskilling for your career

You don’t have to do a holistic qualification to advance your career. Adding to your CV one single skill at a time can make a great difference to your performance, and eventually to your salary and opportunities.

Many vocational education and professional training providers offer short courses or intensive ‘taster’ classes. These are samples of their longer courses, and are often free or very low cost. They allow you to get an overview of a field you’re interested in, or a skill you need to work on. Short courses are also a chance to see whether formal study could actually work for you. Just taking a couple of hours out of your schedule on a random weeknight could be the start of a learning journey that shapes your career.

Satisfy your curiosity

Ever wish you’d taken a different path at school or uni, so you could gain a deeper enjoyment of something that fascinates you now? There’s nothing wrong with exploring an area just for your personal satisfaction that varies from your initial studies or industry. In fact, it’s one of the quickest pathways to those aforementioned lifelong learning benefits.

Tips for finding cheap and free learning opportunities

    • Keep an eye out for festivals and events with free classes. It might be your city’s arts festival, writers’ festival, etc. There are a number of professionals that put on free information sessions. At RP Wealth Management we host regular events at our Oran Park Space based in the Macarthur region on specific topics.
    • Visit your local council library. If it’s been a while since your last visit, you might be pleasantly surprised. Most offer the latest journals and newspapers available to read in the library, as well as a variety of computer skills classes.
    • Look up institutions near you and check out their course catalogues.There is often quite the range of short courses available as a ‘taster’ of what it’s like to undertake postgraduate study.
    • Ask someone you know to teach you something they’re passionate about.With a polite, open and genuine approach, you can learn a lot for free from the people around you.

However you learn, we encourage you to take a step and try something new today. And of course, if there’s anything finance-related you’d like to learn about, get in touch.

Our office number is (02) 9188 1547 and we are located at level 2, 351 Oran Park Drive, Oran Park Shopping Podium Oran Park 2570

 

 

 

 

 

i https://ec.europa.eu/epale/sites/epale/files/is_lifelong_learning_making_a_difference.pdf

ii http://journals.sagepub.com/doi/abs/10.1177/1745691612454304

iii https://www.open2study.com/

iv https://www.edx.org/

v https://www.coursera.org/

Ronald Pratap

Principal Financial Planner at RP Wealth Management | Financial Planning l SMSF I Insurance l Property Advisory. Our purpose is to provide our clients with sound advice and direction to assist with their financial affairs and help them make the best choices in achieving what is important to them.

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