We listen TIME IS MONEY so often that we forget what it means. we usually mean that those who save time will save money when we say “time is money”. Work takes time that is why “Time is money”. But if time is equal to money, those persons who own money own another person’s time also.
Indeed, as employees, for money in return, we agree to offer our work and time. We earn a certain amount of money as we offer our time in return. Saved money is saved time because time equals money, earned money is earned time and lost money is wasted time.
Today how much time did you lose?
In return for electronic trust, people have spent their saved time as Buying Bitcoin. The higher the value of Bitcoin if more people spent their saved time, as it amassed the time from its investors.
For the early investors, their one day magically turns into 19 days. The Bitcoin body started to lose time as people started selling their Bitcoin. In consequence, they started to lose value for the saved time who purchase late.
You lost half of the time you invested if you bought bitcoin at 15 thousand and sold it today. Someone else now owns our time better than us. Because they performed better than us.
Value
The trick is here: The market value is not the same for everyone’s time. The more we get per time unit according to our better performance.
The time we worked is not only represented according to the amount of money we have in our pocket, but also the market value of our time. If our work doesn’t accumulate other people’s time then our time is less valuable. The higher is our performance if more time from other people we can gather with our time.
Those who own money own other people’s time if time is equal to money. The richest man in the World, Jeff Bezos, owns $110,000,000,000 and Per year an average American earns 60,200 Dollars. Jeff Bezos has 1,828,635 years of the average American’s life if time equals money.
Quality
Saving money in the short term can waste our time in the long term. Bad quality is expensive, in the long run. A molded watch may appear decent and cost a fraction of an original watch, but there are more chances that it smashes in a couple of years and we need to purchase a new one.
We lose money by purchasing poor quality. We wasted money and, as we now understand, that means we wasted time, in the end.
If we invest in quality, we can save money by investing time. For selling luxury, handcrafted goods and brand merchandise, this is a commercial argument. We will own it much longer if it is more expensive.
Unfortunately, not every time a more expensive thing will last longer. We just pay for the brand sometimes. Infrequently to trick us into believing that the product is of superior quality the producer sells it more expensive but it’s a mix. Before we spend money it is worth investing our time or attention and care can save time.
If we care and provide attention to find quality also applies to time itself. The quality time we invest in people we care about, at work or home, doesn’t convert it into money.
Don’t be stultify. Everything not is weighable, measurable or countable and not convert into money. Our life is not measured in terms of money spent or saved, but in years spent well. The most valuable possession we have is our time, no matter how much we earn, no matter how well we perform compared to Jeff Bezos. Time is money, Power doesn’t equal knowledge even if knowledge is power.