Charles H. Miller
You have most certainly heard the saying that time is money. This article won’t confirm that — quite the opposite, we want to prove that time is worth much, much more. Cause at the end of the day, we only have one life to live during which we can earn virtually infinite amount of money.
Here are the reasons why we think time is worth more than money…
1. Time is finite
Unlike money, time is finite. You can always push harder and earn more money, but you can’t do the same with time. The best thing you can do is exercise regularly and eat healthy food, hoping that it will extend your life for another 5-10 years. There are no guarantees of any kind, mind you.
In contrast, you could master some in-demand skill and sell your knowledge at a premium — to earn more money. This is worth remembering when you’re having fun with your friends and family — money can’t buy that.
2. Time helps you create memories
Money can help you travel the world, and sure — you will remember some of those experiences for life. But guess what? Time can do the same.
In fact, chances are that the best moments in your life stem from the days when you didn’t have much to spare. I’m talking about your middle or high school days when you were just hanging out with friends in a park.
During my high school days, I remember fantasizing with friends about what lies ahead and the meaning of it all. Those were some of the best moments and best memories of my life. I wouldn’t change them for the biggest pile of money, ever.
3. Money requires time
Now, this is a concept. Just imagine yourself working round the clock, day in, day out. Your account is looking better with the day and your savings are through the roof. Now what?
If you don’t have time, you can’t spend that money. What’s the point of having all the money in the world when you can’t enjoy it? You may want to travel the world, visit some country across the pond but with no free time at hand — you can’t do that. Remember that you need time to spend money. Without it, it is just a number on you bank account.
4. Old people crave for more time, not money
Don’t take it from me — take it from the people who’ve “been there.”
It is hard to imagine someone on a dying bed asking for an additional million. Instead, presuming they are healthy, old people crave for more time and tend to be grateful for every additional day they get on this planet.
Typically, people say “If only I’d had more time” as opposed to “If only I’d been a millionaire.” There’s a lesson there. Think about it next time you decide to work extra hours instead of spending time with your friends and family.
5. Time is priceless
The saying goes that “time is money,” but that’s not true. As noted above, you can’t buy more time — making it priceless.
In contrast, the value of money changes with the markets. You can’t buy happy moments with your family or a friend you haven’t seen in a while. You don’t even need to spend a single dime on this, but these moments are precious. It’s what life should be all about. To hang out with people, socialize and create joint memories.
So what’s the point of this article? We at Wallet Weekly are all about saving and making money. At some point, we need to pause and reflect on what life is all about. We think saving and making money fits into the same narrative, just — I guess — we need to put some thoughts into it and realize why are we doing what we’re doing. At the end of the day, all of us have just one life to live. So let’s make it count.
