Human Capital: The Foundation of Your Economic Value

Allow us to offer a few short and sweet thoughts to consider about "human capital." Economic value and wealth are created using labor, land and capital.

Human capital is one’s ability to apply your labor (physical and/or mental capability) to create value and wealth. This is usually reflected in the form of compensation or a pay check, but it can also be volunteer work or service that provides intangible benefits beyond compensation.

"Economic value and wealth are created using labor, land and capital." [Tweet This]

Don’t Squander Your Greatest Asset Human capital is your greatest asset!

Develop, nurture, maintain and increase it!

Never stop learning.

Resist the temptation to "coast" in the final years of your career. It may set you up for an early lay off or job elimination.

Resist the temptation to "vegetate" in retirement, lest you become a vegetable!

Continue learning well beyond your formal retirement date. It will keep your mind sharp and your body healthy.

What did you learn today?

Celebrate and enjoy!

About Bruce J. Berno, CFP® Bruce J. Berno, CFP® is the founder of Berno Financial Management, Inc. a fee-only comprehensive personal financial planning and investment advisory firm headquartered in Cincinnati, Ohio. Since 1993, Berno Financial Management has been helping individuals and families achieve financial peace of mind. For more information about Berno Financial Management, visit