Relations between the development of future time perspectives in three life domains (i.e., school and professional career, social relations, and leisure time) and changes in students' investment in learning and academic achievement were examined in this study. Participants were 584 students in the first and 584 in the second year of the lower vocational education in the Netherlands who completed self-report measures at four different time points during a school year. The data were analysed using multivariate latent growth curve modelling. Future time perspective influenced the development of academic achievement via the growth of investment in learning. Long-term time perspective in leisure time had a negative effect on the development of investment in learning, whereas the effects of the long-term time perspective in school and professional career, as well as in social relations, were positive. (Contains 5 figures and 5 tables.)