Money is infinite, Time isn’t || Time-management
Hey,
I believe money is infinite. There are millions of ways you can earn millions. Governments can create money indefinitely. (ofcourse I know too much would result into inflation, but my point is money can be created)
On the other hand, time is finite. Everyone on the planet earth gets same number of hours in a day, 24 hours. It can’t be created.
Still we consciously track how we invest our money, which is available in infinite supply, and don’t care about how we invest our time, which is a very scarce resource.
A billionaire doesn’t spend his time mindlessly scrolling through social media and binging Netflix. He values his time and spends it consciously.
You will argue that a billionaire doesn’t have to commute daily for hours, doesn’t need to do house chores, etc.
I would counterargue that while commuting, read books like I do, if my train is crowded or I am doing house chores, I listen to podcast, audiobook, read news, e-books. There is so much you can do to start using this time productively. You need to be conscious of how you value your time.
How to be conscious of how you value your time?
Easiest way to do that is by associating time with money because you are used to consciously tracking it.
Visualize each hour of your day as a dollar, granting you a daily budget of 24 dollars. The key is to INVEST this dollar wisely every hour.
Investing, unlike spending, has a long-term focus. While investing in stocks may not yield immediate returns, it can prove beneficial over time.
In contrast, spending, is like consuming a burger, provides short-term satisfaction but lacks long-term benefits.
These subtle word changes but alter your perspective in a crucial way.
Now how you invest your dollar depends on you: sleeping, mindlessly scrolling, spending time with family, binging Netflix or learning new skill.
Sleeping is important and are good investment because it improves focus, spending time with family provides fulfilment and better mental health, this all things aren’t a bad investment don’t compromise in such things.
If I invest in learning new skill, I know that if I become proficient in it, I would have to invest less time in future for earning money and instead I would invest that time in things I find meaningful like traveling, spending quality family time, etc.
I had two choose, either I watch Netflix or write this article, I choose to invest in writing this article because I know ones I get good at writing and have little followers I can built a brand on it. And in the future, I would earn money by doing things I enjoy. I know I am investing in right thing because it is taking me closer to my GOALS.
I have some great tips on time management, but that’s for another day (;
I am eager to hear your thoughts on this unique approach to time management. Let’s keep the conversation going, and here’s to a more productive you! 🚀