FX.co ★ Investment in human capital

There is a new concept in the scientific world called psycho-economics. It is a mixture of economic and psychological ideas at the intersection of the two basic human needs. These are financial well-being and emotional satisfaction. They make the idea work. This leads to success. Experts have analysed the energy aspects of human-money relationships expressed in human capital investments.

Direct Investments

While contacting with the environment, a person can monetize a wide range of human qualities, his or her intellectual and spiritual baggage. These are investments in personal branding development, such as book publishing, professional conference participation, etc. Personal advancement experts recommend sharing professional knowledge by creating books that describes you as a prominent representative of a profession. An emotional element is very important. In this case an author can make a profit.

Connected Investments

These investments are important for qualification upgrade. They are education, development and new professional experience. Connected investments do not always require financial costs but involve intellectual and emotional input. A low paid job is an example. It aims to gain new working experience. In this case, profit can be expressed in expanding contacts and professional growth.

Indirect Investments

This is a special type of financial investments in the environment that creates a positive emotional background.

This type of investment includes costs on health recovery, vacation, travelling and entertainment. Art, reading, various hobbies, cinema and theatre visits serve to emotional uplift. The environment includes the loved ones. If your emotional background is closely connected to their condition, invest in family members. This will provide you with the attitude necessary for the effective implementation of professional duties.