Are You a Depreciating Asset?
Are You a Depreciating Asset?

Are You a Depreciating Asset?

Depreciation, a term commonly used in 42-15529695business when referring to fixed assets, is defined as “a drop in value”. When we own something like a vehicle or a piece of machinery, as it gets older so the value of the asset goes down. I would like to suggest that each one of us has the same ability to become a depreciating asset. Not only to the company or organizations we work for, but also to ourselves. The good news is, we have a choice and the control to ensure that we don’t “depreciate” in our value but actually “appreciate”. Like a fine wine we can get better and better with age.

So what are the aspects to look after to ensure that we take care of our most precious possession, that being, ourselves?  There are three main areas of our lives that were we are in danger of depreciating. These are:

  • Intellectual
  • Physical
  • Spiritual/Emotional

Intellectual

This aspect relates to the work that we do. Ask yourself the question. What is the value that you bring to your workplace? When last did you do something to improve your knowledge in the work that you do? If we are not constantly increasing our knowledge around our work, not only will we will not maintain the status quo but rather our knowledge will decline as the world around us moves on. Before you know it you will find yourself being replaced by someone who has better knowledge and continues to learn. It is therefore in our own interest to ensure that we set targets for learning and increasing our intellectual capacity.  I would suggest that a goal is set for each quarter of the year.  Certain areas of the brain have the ability to improve as we get older, so take advantage of this and continue to learn. This learning need not be limited to our jobs but can also include things like, learning a new language or skill.

Physical

We all lead busy lives. Unfortunately, when the going gets tough the first thing we tend to neglect is our physical form, our bodies. Stress, fast food diets, lack of exercise, these factors all take their toll, and we risk falling prey to the lifestyle diseases e.g. diabetes, heart disease etc.

It is critical that part of our “appreciation plan”, is to look after our bodies. Make exercise a regular part of your week. The recommended guidelines are 30 minutes of exercise on most days of the week. This can even be broken down into 3 x 10min sessions if you do not have the time to do 30min in one go.

The benefits are too many to list but include stress resilience, reduction in disease risk factors, natural anti-depressant effect, and even brain improvement and growth. Exercise should be top of your list for your “me” maintenance plan.

Spiritual/Emotional

The spiritual aspect of our lives is an extremely personal component. It is here that we find, not only the strength to persevere through tough times, but also our compassion and ability to support others.  To be in touch with the spiritual and emotional side of our lives can provide many gifts. Some people find this aspect through religious observance, other through meditation or even music. What ever your choice is, it is important to find that activity or inactivity (in the case of meditation) that provides you with the energy of regeneration and balance.

Many of us give more attention and care to our motor vehicles than ourselves. We would not think of letting our vehicle go 1000km past the service date. We do this to ensure that the value of the asset is maintained. We should do the same with ourselves, and I suggest this “service plan” is conducted using the 3 checks mentioned above: Intellectual, Physical, and Spiritual/Emotional. By doing this and putting a plan in place we will ensure that our most precious asset not only is maintained, but actually appreciates and grows in value to ourselves and those around us. So be proactive and Create Your life!