Money can’t buy you time?
Many people always say that time is finite and is more precious that money where the governments can print them at will. Money is infinite since it’s just something artificial created by the government. As for time, it’s finite, only 24 hours a day, human lifespan is also limited. Hence, money cannot buy time.
But is it true that money really cannot buy time?
Future Value of Time
People tend to over-estimate how much time they will have in the future and undervalue their own time. But the truth is no one is immortal. What if tomorrow never come? What if later never come?
Many people are spending all their precious time to work, to earn money because they need money for almost everything in life. But the fact is you are using your time to exchange for a pay check.
Many people don’t realised that they spent majority of their waking hours, s working long hours just so they can afford luxuries like long vacations or new iPhones; while this may be fun in the short term (especially when traveling), over time these activities it’s just a way to escape the grinding days of your 9 to 6. Should you earn more or save more to get your time back?
Time or money more valuable?
Let’s talk about Time VS Money first.
Most people argue this:
- Time is more valuable than money because you can’t buy time back, no matter how much money you have. If you lose an hour, it’s gone forever and there’s no way to get it back–even if you wanted to do so (which would be impossible).
- Time is also more valuable than money because there are only 24 hours in a day and 7 days in a week; there’s no way to make more hours or days for yourself.
- Money also can’t buy a dead person to be alive again.
- Hence, Money can’t buy you time.
However, contrary to most belief, money still can buy you “time”, to buy it more appropriately, money can help you get more time back. Confuse?
Money can’t buy you time, but it can help you get more of it
Money can’t buy you time, but it can help you get more of it.
Money is a tool that allows us to work less, earn more, and enjoy our lives more once you have lots of it. People with money has more options than people with no money.
The key is knowing how to use this tool properly in order to get what we want out of life.
While it is true that money cannot literally buy time or add more hours to the day, it can certainly provide opportunities and resources that can indirectly save time or enhance one’s quality of life
While it is true that money cannot literally buy you time or add more hours to the day, it can certainly provide opportunities and resources that indirectly save time or enhance one’s quality of life.
Money is a tool to buy time.
For example: if you have enough money to hire someone else to do your laundry, then that frees up more time for yourself (and also helps keep things clean). Alternatively, if you have enough money to purchase a washing machine of your own instead of relying on communal facilities at work or school, then again there will be less waiting around while clothes get cleaned–and maybe even some extra space saved in your apartment!
For example, Money can buy you the following:
- 1. Private car that save you time from communute
- 2. Education and learning: Money can be used to invest in educational opportunities or specialized training. By doing so, you can acquire knowledge and skills more efficiently, potentially reducing the time it would have taken to learn through self-study or trial and error.
- 3. Medical care: Access to quality healthcare services, which often requires financial resources, can facilitate prompt medical attention and treatments. This can potentially save time in terms of waiting for appointments, obtaining specialized care, or undergoing necessary procedures.
- 4. Buy back time that you have sold to your work to get paycheck.
Use Money to buy back time
While Time is more important than money, Time is limited but Money is not. We should always aim to use your money to buy time when you have lots of money, that’s what a lot of rich people does!
While most has no choice but to exchange time for money (work) instead on spending on things that you love but limited time left (example your young kids and old parents), always aim to reach this level one day where you can use money to buy back time.
Good articles that you should read!
People are drawn to dividend investing.
Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.
I always write and share articles, especially on dividends which many people love them. Do read them!
- Simplified Guide to the Key Gist of Grant of Probate and Estate Planning
- Cheapest and best way to trade Singapore Stocks with CDP
- Mastering Dividend Investing: 5 Evergreen Investment Principles
- Unlock Lucrative Returns with IAPD: A High-Yield ETF Providing 7% Annual Yield and Quarterly Payouts
- Unlock Lucrative Returns with SDIV: A High-Yield ETF Providing 11% Annual Yield and Monthly Payouts
- If I am a dividend investor, this is what I would do….
- 7 Things to consider before buy a dividend stock
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- 5 Best Counters for Passive Dividend Investing
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- Ultimate Strategy of buying REITS: XXX instead of X000?
- Ultimate Free 2 Days Reit MasterClass: Exclusive at Careyourpresent.com only!
Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!
Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.
CAREYOURPRESENT
Money just buy you the chance of freedom.
When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.
Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?
We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.
We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.
I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:
- The Best Advice to Parents and Child
- What if Later never come?
- What will you bring with you on your last day on Earth?
- Time is the ultimate currency, not money
- Our Life only have 5 short Days – we should live the best for every day
- Truly understand Living in the Moment now
- 11 Important Unexpected Life and Money lessons to learn from Your Children
- The days are long but the years are short
- Ditch your mobile phone to build real life
- Careyourpresent: Time is the most important
- Careyourpresent: What is your purpose of life?
- Careyourpresent : Greatest Regrets in life
- Careyourpresent : You might not believe it. It’s little unexpected things that make up a real life
- Careyourpresent: Something only happen once in life, if you missed it, it’s gone forever…
- Careyourpresent : Why is Gold useful?
- Careyourpresent: Frozen. Let it go!
You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.
REMEMBER:
Love your life daily.
You have one less day with your spouse, parents, children and yourself.
Time is ticking away.
For each passing day,
Enjoy and Treasure your Life!
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