They say that, “time is money.” You’ve heard that expression probably a few times in your life.
Why is time, money?
In the business world, time COSTS money because it takes money to pay for the time it takes to produces goods and services.
But, I want you to think about time and money in a different context.
In algebra, you may remember the expressions, x = y. In this example,”x” is time and “y” is money. If time EQUALS money, money also EQUALS time.
And this is true (in a certain context). Let’s say you have all the money you’ll ever need to live well for the rest of your life. You no longer need to work to produce money in order to buy goods and services. What this money really buys you is the TIME to live your life the way you want to live it.
Although time is a constant and we all only get so much of it, having money allows for more choices in how you spend it. When you work for money, you are trading time and talent for dollars.
It would be a shame if you didn’t use some of those dollars to buy your time back.