The Importance of Lifelong Learning

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The lifelong pursuit of knowledge is excellent for both personal and professional reasons. Why? Because learning helps activate individual development while increasing employability. This is especially important for professionals, like Chartered Financial Analysts, who want to advance their careers

As the world becomes less predictable and more tumultuous, those who consistently add to their knowledge and skill levels will stand out among their peers and perform better in a competitive job market. Staying abreast of the latest developments in the finance profession, learning new skills sets for your job, and working on soft skills like emotional intelligence will empower you to take more ownership of your personal and professional life. 

Here are some ideas to assist you in becoming a lifelong learner:

1. Figure out your motivations for learning. What motivates you to learn? Are you inspired to learn because of the personal benefits that lifelong learning offers, such as how to be a better person, or do you want to advance in your career by learning a new skill set or growing your working knowledge? Write down your motivation, but keep in mind that it will probably evolve, so it’s a good idea to review it from time to time.

2. Create a plan of action. Once you have identified the motivations for lifelong learning, figure out a plan for how you will implement your learning goals. Ask yourself questions such as, “What do I want to learn?” “How do I want to learn?” “How much time do I want to devote to learning?” Try to keep this simple so that you don’t get overwhelmed.

3. Look to others for inspiration and advice. Some skilled lifelong learners have great strategies for advancing their learning, and those who teach lifelong learning can offer strategies to help you achieve your learning goals.

Benefits of Lifelong Learning

There are two immediate benefits to lifelong learning. The first is professional success. People often advance their knowledge for a particular career, and professional motivations for learning often align with aspirations to progress within a job or to change careers. Those who include lifelong learning as part of their lifestyle typically stay competitive in their current roles while building their professional network as they advance in their studies. 

The second benefit of lifelong learning is personal growth. Lifelong learning helps build confidence through the mastery of different subjects, and it allows people to stay mentally and intellectually stimulated about the world. For instance, continuing education can advance and enhance your life’s purpose through new skill sets like critical thinking, discipline, organization, and time management. 

While these are two benefits of lifelong learning, your unique learning motivations can produce other benefits. Again, it is essential to understand your motivations before undertaking lifelong learning. 

How To Become a Lifelong Learner

If you want to incorporate lifelong learning for career advancement, you should connect and meet with people in the positions that you aspire to attain. Ask them about the education or training they completed to help them advance in their careers. 

If you are more interested in lifelong learning for personal development, start by finding topics that spark your interest. Take some time to reflect on what ignites your passions. As you think about things that excite you at work or in your life, write them down. From those notes, spend some time writing goals for how you plan to accomplish your learning goals.

Whatever your motivation for becoming a lifelong learner, the benefits are worth the effort. Lifelong learning gives you a better perspective of the world while helping to ignite your passions and intensify your creativity. Overall, lifelong learning will significantly enhance your life.

If the CFA journey is your pathway to lifelong learning, prepare for the CFA Exam with UWorld Finance – click here for a FREE trial of our Level 1 Online Learning Tools.

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