Can You Really Afford Personal Development?

 In Earn More Money

Have you ever wondered how you could afford personal development if you’re already broke? . . . Well, what you should know is that if you are broke, you can’t afford not to invest in yourself! 

Personal development can come in many forms. Your willingness to seek it out depends, like anything else, on whether you truly see it as an investment in your future or not. Those who practice unwealthy habits will rarely see a workshop, seminar or online coaching series as such, but will jump at an opportunity to wield the “investment” term around when it comes to depreciating items like the classic “little black dress” or a name brand television. In essence, unwealthy people tend to narrowly view things they can physically see as an investment. But, the fact of the matter is successful people invest in their continuous knowledge because they know that no matter what risks they take, if they lose it all, no one can steal their knowledge.  Therefore, the question is not really about if you can you afford personal development, it’s how can you not afford it?

Don’t be limited to believing that all personal development requires you to shell out thousands of dollars. There are hundreds of programs that offer no-cost and low-cost education in the area of financial literacy, small business development, the arts and much more. This journey is about the mindset. When you approach personal development as though, “Everything costs too much.” or “There aren’t any programs out there.” then you’re absolutely right. It is too expensive and there aren’t any good programs out there for YOU. Meanwhile, someone who fits your exact profile in your very own city is taking advantage of all types of programming that is helping them get their life on track. Everything begins with a decision. You and only you have the power to decide whether your glass will be half empty or half full.

If your glass is in fact half full, follow the next few tips to help you get started on your personal development path today with these no-cost and low-cost tips.

1. Get your mind right and start where you are. Once you’ve wrapped your mind around the fact that you can and should move forward on this path, identify what area of life you want to improve in first and commit to just starting where you are. Your first target area may be finances, business, relationships, health, spirituality, parenting or any number of areas. The beauty is that as you continue to seek out opportunities for growth, the Universe will continue to bring amazing possibilities, as well. Just commit to beginning today.

2. Read for an hour or more per day. A 2012 study by the Nielsen Company found that the average American household spends over 5 hours per day watching television. This translates to 9 years of life that the average person will have spent watching television. Imagine how much further along you would be than the average person just in making a conscious decision to read over allowing your brain to essentially slip into comatose which is what happens in TV watching.

3. Take advantage of FREE opportunities to learn. Don’t ignore every late-night infomercial. Some offer tickets to complimentary half-day seminars. Don’t go with the attitude that someone wants to sell you something. While you may be 110% right, you set the rules for how that game is played in your world. Go with the understanding that you want to learn at least one new concept, as well as have an opportunity to network with new people. If you’re truly not interested, don’t feel pressured to buy anything. Simply take your notes home, determine what you can and cannot use, implement immediately and move on.

That’s our Q to your A! Tell us what  you think in the comments below.
What types of no-cost and low-cost personal development do you engage in?
What’s the priciest thing you’ve ever done for your personal development and was it worth it?


Patrice C. Washington
America’s Money Maven, Patrice C. Washington is author of the best-selling personal finance series, Real Money Answers, as well as creator of the Earn More Money Movement for Women. Each week millions listen to her wisdom during her weekly money segment on the nationally syndicated, Steve Harvey Morning Show.
  • That was some sound advice, Patrice. I recently started investing in myself by reading and and looking for events that would help me be more clear about how to use my gifts. Slowly, my mindset is changing and I am getting more serious about my calling. Thanks for this post!

    • That’s what it takes, Martine! It doesn’t happen overnight, but at least putting yourself in the right environments has to manifest something!

  • Edens’ Evolution

    Various webinars can be a nice wealth of information and if what’s presented is desireable one can consider the value of investing the cost of investing the addition of money to a time investment that may enrich other areas of ones life.

  • I have found great information late night on Periscope and Blab, which are both absolutely free. I have invested in your book Real Money Answers For Every Woman, I am investing in the online Act Like A Success Conference in May and I am diligently vetting a coach to guide me.

  • Joyce Jolly

    Since I have been on this path to learn everything there is to know about building wealth, I have looked at the video on GenerationOne, attend wealth building workshops, taken the Liver Richer 21 day challenge, the challenge, invested in myself and purchased books on finances, wealth building, investing, and money. This is a way of life for me. I want to leave a legacy to my children and generations to come.

  • I frequent my local library and load up on audio books. I listen to the for about a week, take notes, research the authors, and return them. I also make an effort to attend every networking or free seminar event I can. It’s no lost to me to learn for free.

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