Tuesday, January 25, 2011

Time and Money

We have all heard the old adage that “time is money”, well is it?  You know that you can spend time just like you can spend money or you can invest time just like you invest money, but the big question is can we SAVE time and SAVE money?

We tend to save things that are valuable and most things that are valuable to us have limits. You would most likely save and value the air you are breathing if it was perceived to be limited.  What about water? What if you only had 1 gallon of water to begin the month? Can you even put a price on that gallon of water? Would you make that water last the month? Would you spend time collecting water?  I could continue, but I think you might be starting to get the point.

Back to saving money. We have obviously placed a value on money and for the majority of us money is limited.  So why don’t we save? I would argue that if time is money then we don’t value time. It is obvious that our time has a limit and the kicker is that we don’t even know when that clock will end. We “spend” our time in places we don’t want to be, and “spend” our money on things we don’t need. What does your life look like if you placed the same value on your time as you did your money, or better yet, that gallon of water? Maybe you wouldn’t need that $500 dollar car payment or spacious house with large heating bills. Just maybe your time would be better saved for the people and things that you love rather than the debts and bills you owe……

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