First lesson time is money and money is time

Time is money and money is time: One of the most important mistakes people make when they start to invest or become interested in the topic does not understand the notions of time. Many people believe that it is a simple matter of putting some tickets somewhere and the next day will be the most sophisticated investor in the world and never have problems in your life.

Well, let me clarify that this is not true, in a large part. Managing money and investing whether to be an entrepreneur or simply an investor, is like getting on a plane full of passengers and trying to learn at that moment to fly. If he manages to take off the plane we will really congratulate him, but there is still to learn about the dashboard, flaps, landing gear, alarms, and autopilot, keep the plane firm and then take it to the destination to land. Pretty complex, no?

Time is money

We heard this phrase several times but we have had 2 different points of view, one with my poor mind and the other with my rich mind. With poor mind we imagined a greedy and lustful businessman who tormented his employees with whips while shouting “work faster, time is money”, a terrible exploitation postcard that in several cases to this day is still standing; except that they have changed the whips for other torture contraptions

We discovered that my rich mind saw something totally different. With this mentality, we imagined a person who takes the time necessary to learn how to better manage their personal finances and learn to use all the possible tools to improve their quality of life. This person, in turn, knows that the money he has standing is a bad investment and that is why he understands better the phrase “Time is money.” Understand that this phrase means that your money must be in motion and for this reason begins to invest.

While you can be an excellent employee, you start investing because you know that this activity is going to give you a more precious asset than money, TIME.

We also see many people who have decided to start investing their most precious asset, time, in making money and for this reason we say that the best quadrant is not the employee’s of the self-employed, because the time we invest is recovered in money, in a lower percentage than we could generate in other quadrants.

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