Why Self‑Made Millionaire Codie Sanchez Says Her Best $1K Spent Wasn’t in Business
Self-made millionaire Codie Sanchez has built her fortune buying "ordinary" small businesses, yet her best small-scale investment has nothing to do with her impressive portfolio.
During an appearance on the "On Purpose With Jay Shetty" podcast, Shetty asked Sanchez what her best $1,000 investment has been. Her answer is likely to surprise you.
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Why Investing in Health Is Important, According to Sanchez
Sanchez's best $1,000 investment wasn't a stock or a stake in a small business, but rather an investment in her own health.
"This is a little cliche, but health and wealth are super tied," she said on the podcast. "The best money I've ever spent are probably on two things: A sauna and a cold plunge."
While it might not seem like there is a tie between saunas and cold plunges and making money, Sanchez believes there's a real connection.
"I know that sounds super tech bro, but the truth of the matter is that if I can get a little bit more energy in the beginning of the day, it seems to carry through the rest of my day and make me more money," she said. "So whatever your sauna and cold plunge is -- and I think I bought mine on Amazon for literally $1,000 each -- then that's money well spent."
Ways To Invest in Your Health for Little to No Money
Even if you don't have $1,000 to invest in your health, there are some things you can do for much less -- or even for free -- that can improve your well-being:
Meditate
Get in a daily walk or run
Add probiotics to your diet via fermented foods
Journal
Follow workouts on YouTube
Drink green juice
Get eight hours of sleep every night
Try oil pulling
Stock up on frozen veggies
Take advantage of free trial periods at gyms and fitness studios
Dry brush before showering
Buy nuts, seeds and dried fruits in bulk
Drink more water instead of less-healthy (and more costly) alternatives
Observe "meatless Monday"
These health habits may not make you a millionaire overnight, but they certainly can't hurt your chances.
This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.
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