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While I definitely feel investing in one's self is worthwhile. I am not sure if this is the right approach to think about the issue. The author compares the %
by Namrog84 10y ago
While I definitely feel investing in one's self is worthwhile. I am not sure if this is the right approach to think about the issue. The author compares the % of what companies spend on R&D and correlates that with what an individual should spend on educational material per year.
I'd be more inclined to say it should be a % of your time. Instead of 5% of your salary, perhaps 5% minimum of your time per year should be spent towards learning. Though probably more is better? It'd be an easy trap to get into of spending 5% on "education/R&D" and not actually fully leveraging or utilizing it. One could blow that easily on a VM or server and some books and just feel like they've accomplished something when in reality they have barely leveraged what they have. Though if you are pursuing free/low cost education material, that small costs here and there shouldn't be fretted over.
- bdcravens 10y agoI think the point of the article is to establish the point that we should be purposeful about allocating funds for growth. Time and resource utilization shouldn't be ignored, they're just outside the scope of the article.
- wkoszek 10y agoTime I haven't yet covered. This will be topic of some of my new articles. But on the budget, I think I showed exactly the opposite: I show how to allocate like a business. In a smart way, with a proper justification and without overspending.