Tuesday, August 28, 2012

Year One (1); Budget your time & money


Today's Tip – Year One (1); Budget your time & money -

One of the top important aspects of success, Budgeting your time & money. Time comes around once and vanishes. It is literally a priceless commodity that can never be replaced. Our time, as humans, is worth an incalculable number. Sometimes people place a value on that time. What is yours? $9 an hour? $23 an hour? $200 an hour? The truth is, you are worth billions an hour for your time. You have a skill, it is in you, even if you have not found it yet.

Money, now money comes and goes. It, being our currency almost has no value since it can be here one day and gone the next. Money is different from wealth. Wealth by definition is an abundance of cash, assets, land, etc in a person(s) possession. Think of wealth in another sense of the word. Wealth is the amount of time you can go without ever working to earn more wealth.

If you work hourly to gain money to survive, then you are not wealthy. You are recouping money. To trade your time for money over earning wealth, which gains you financial freedom, is like trading a priceless commodity for the value of money. Learn to budget your money into wealth through investments so you can have your personal time back. Think of your skill to budget money as a trade off to buy back freedom of time.

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