When it comes to earning, virtual assistants have the upper hand. They know which clients to get, when to get them and the amount of money they want to charge for their services. Because of this, virtual assistants have the best of both worlds – freedom with their work and flexibility with their time. Not all professionals get to enjoy this, but there are also some items that VAs do not get to enjoy versus their full time 9 to 5 counterparts.

As much as saving is a great financial strategy for VAs (rainy days are really rainy for people who do not depend on a regular monthly salary), there are items that they should actually spend on as to not be left behind in the market and keep up with their hired peers:

  1. Personal development

There is a tendency to become complacent when it comes to personal development when you are home, when you have mastered the craft you have been doing for years and you have a set of clients that provides good cash flow. It’s truly a comfortable life that anyone can be happy to lead for a long time.

But today, life is different. Professionals need to keep up with the changing times and improving technologies to ensure that they are able to meet the demands of an even more demanding market. Spending on seminars that tackle industry-specific topics are good but being up to speed with learnings on social media, mobile marketing, app development & programming, as well as operational and efficiency are fields that any VA can dip into to generate more income for themselves.

They can also spend on books on business development and even fiction books to widen their vocabulary and further improve their writing prowess. Communication skills will always come in handy and is forever a minimum requirement for any job of any industry.

  1. Personal downtime

No amount of money can replace the joy that comes with a restful sleep every night. And this only happens when a person carves the right amount of hours for rest or even weeks for a proper vacation. Apart from reading, nothing widens one’s horizons mentally, physically, and emotionally than travelling.

Travel pushes one literally out of the box and being exposed to several cultures ensures that one is opened to several ideas other than his or her own.

Creativity-wise, travel is like a fairy that sprays pixie dust on anyone. So VAs will not be in the losing end of a delicious, uplifting, and eye opening trip to a museum, restaurant, or park that’s found several miles and oceans away from their desk.

  1. Better gadgets

It may cost more money than usual but being committed to upgrading gadgets such as laptops and phones provides any VA the advantage over competition. Investing in these for VAs is a surefire path to investing in efficiency. Being more efficient then leads to getting more clients as the turnaround of projects is faster and better than the last.

And all that spent money only leads to one thing: earning much more!

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