The cost of self-improvement is $ 0.00 You read well.

Sanjit Bakshi
6 min readSep 29, 2021

The cost of not improving: your life.

Through tens of thousands of inquiries, our team has been concerned about the cost of services. We understand. The potential customer generally doesn’t. That’s because most think of self-improvement as an add-on. If that were the case, we would agree. In fact, that would be oppressively expensive for most. However, self-improvement is an investment; And it must be done in exchange for eliminating much more expensive items, that is, negative habits. That, buddy, is a net savings.

A client recently told us about the advice her mother gave her when she could not afford the cost of continuing her medical education. For the client, the count of years and dollars was too much. Her mother’s reaction: in ten years it will be ten years, whether you are a doctor or not. Also, you are going to spend the next ten years and ten thousand dollars on something. What is left after that?

We are all investors. Some of us are good investors. Some of us are bad investors. We have three basic resources: time, energy and resources. You have spent all of your time, energy, and resources so far in your life to get the body you have now. Are you a good investor? Probably not. Don’t be embarrassed about how expensive the upgrade is. Already throwing hundred dollar bills like a rapper. You say you need to tighten your belt. Why do you always have to buy a bigger belt?

McDonald’s made about $ 6 billion in the first quarter of 2015. Krispy Kreme made about $ 122 million. Keep in mind that these companies are currently shrinking, potentially imploding, probably dying, and certainly not improving our health; and you’re still filling their coffers by the millions and billions. According to Business Insider, 1.7 billion servings of cola are consumed every day. Self-improvement is expensive compared to what exactly?

Total welfare illiteracy is not reserved for the poor. Many economically well-off people have approached us with bellies that walked through the door more than a few seconds before. They may have raised more dollars by now, but at the cost of a vital and enjoyable life.

About fifteen years ago, our coaches started working with two very different clients on the exact same day. That, a young man we’ll call Brian, was a single surgeon. The other, we’ll call her Erica, was a single mother of four and was 40 years old. Brian’s income-to-expense ratio was clearly different from Erica’s. The problem for Brian was that even if he spent fifty thousand on personal training, his lifestyle would not have to change at all. For Erica, a down payment of $ 500.00 would completely change her life. That’s exactly what happened, by the way. Brian didn’t even show up for most of his dates. Losing a thousand dollars here and there was less costly in his mind than changing her schedule, her behavior, and consequently his health. Three years later, some of our coaches found him in another gym and he looked like he had aged another thirty years. Erica, on the other hand, was early and stayed late on all of her dates. When she lost about thirty pounds in the first few months, her mind and body were different. She had chosen such a difficult path that there was no other way out than the climb. If we had found an option that was too comfortable for her, it is likely that she would have ended up as Brian. Her health and condition greatly improved. Even her job prospects and his earning potential changed. Other than that, she was happy. Brian was neither happy nor healthy.

Various sources estimate that an average of 10% of student loans is spent on alcohol consumption. These are, of course, just dollars. Several economists argue that if students work the same number of hours for $ 8 an hour when drunk, all graduates would leave school with a few thousand dollars in savings rather than tens of thousands of dollars in school loans.

US credit card debt is about to cross the $ 16 million threshold for the first time. According to Bloomberg, the average visitor to Las Vegas has a gaming budget of $ 530.00. Large tobacco still exists. Junk food manufacturers are still doing well. Americans spend an average of more than $ 1,200 a year on the same electronic devices that screw up our circadian rhythms and hormones. Bariatric surgery costs between ten and thirty thousand dollars. A litany of other unnecessary surgeries as a result of our unhealthy behavior can range from thirty thousand grand (simple pacemaker) to over one hundred thousand dollars (certain spinal fusions) to over two hundred thousand dollars (complicated digestive tract procedure).

From the top of the socioeconomic ladder to the bottom, we are culturally naive. Poor people would rather save a few pennies by buying cheap food than quality food, which ultimately wastes years of health and ultimately pays even more dollars for a medical intervention. The rich would rather drive an expensive car than live with an incredible body. They prefer to drink a Merlot every day than to prepare a healthy meal each week. Thanks to both tactics, about a third of all money spent on health care in the United States is spent in the last two years of the lives of people with a chronic illness. Think about it. About a third of all money spent on health care goes to the end of life for sick people. Pause. Consider that statistic. We could all reduce the costs of others by dedicating more time, energy and resources to our personal health and fitness today. We are so confused and mistakenly think that the upgrade is an additional cost.

It is not an additional cost. It is a victory. Getting better is a holistic way of life. It excludes certain thoughts, behaviors, and purchases by their very nature. Free up time by not spending more time on malicious activities. It releases energy by not giving it more to an unhealthy life. Free up assets by mandatory elimination of costly vices. If only we could be healthy enough to cut the impact of sick dying people in half, that alone would save about $ 670 billion. According to Forbes and its cited Deloitte study, we spend $ 4 trillion (and more) on healthcare each year. Sick dying people easily account for $ 1.33 trillion of that total. The total cost of living not invested in our health could be closer to half or three-quarters of the total spending of $ 4 trillion. However, using only the lowest estimate ($ 670 billion), that means we have an average of $ 2,300.00 each year (and growing) to invest in healthy living for every man, woman, and child, so we don’t spend the same amount of money plus interest in less than 5% of the population.

To invest. Eliminate clutter, vices, excess, unnecessary meaningless entertainment, drinking, etc. Then get better. Give to your future self, your family, and your community in ways that give back to the health and fitness of our present and future selves. Even if it takes decades, all your energy, and every last penny you own, the net cost will be $ 0.00.

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Sanjit Bakshi

Master’s in Business Administration with majors in finance from the Columbia Business School.