What do you value time or money? Make a choice and start living frugally today and buy yourself time.
Time Vs Money. When you were young, you wanted to grow up and work to earn money for yourself. You wanted to buy your own food, live in your own house and drive your own car. You strive and worked so hard just to get into where you are now – which can be a very rewarding feeling for you. However, as you work hard on your way to the top, there are things you might have overlooked along the way. This will make you think “If I could only turn back time.”
The thing is, time is only the thing you can’t get back in this world. This is why a philosopher once said, “Make the most of your time, for you are young only once.”
Time Vs Money – The value of time
The value of time is definite. You only have 24 hours a day, and there is no guarantee what tomorrow could bring. Valuing time is very important in all aspects in life. Now that you have your own job, you would use this time to buy what everything that you wanted –without thinking of saving for the future.
The thing is, those stuffs you buy today in high price such as your new phone, bags, luxury items, a car, appliances, etc. will depreciate in value over time. Look for a greater value in time when you buy. Smartphones tend to change and upgrade once in a month and there is no guarantee that you latest phone today will still be new with the same value by tomorrow.
Time Vs Money – Living frugally
There is nothing wrong if you buy the things you need or you want – as long as they are within your means. Time will come that all those new items will be replaced and you’d probably want more, as it is the nature of man – to want more. However, as we are too engrossed with those advertisements, we tend to forget what is really necessary. Saving for your future and the time you will not be able to work should be one of your priorities right now.
Time Vs Money – Saving for emergency
Everyone does not hope for emergency situations to happen. But they happen. And when you are not prepared, it will be a great challenge for you and your family. This is why it is very important to have an emergency saving for these purposes.
The value of time cannot be equated with the value of money. As the money can be earned and will depreciate over time, but time is something you can’t get back. Choosing time to be more valuable will allow you to think of the future and plan your priorities. It will also enlighten your way about which things are of value when the time of need comes.
Don’t waste your time buying and valuing more for money. Live frugally and maximize the resources you have today. For time will come that you would regret not saving.
On your journey to financial freedom also see:
Debt Free Life Pathway Towards Freedom Taking Ownership or Spiral into Debt Australian Housing Market Renting Vs Buying