Time & Money

Do not squander time for that is the stuff life is made of - Benjamin Franklin
We have heard this before - Time is money. Your most precious resource is your time. But lot of us struggle - what to do with our time? We always think our Net worth in terms of money rather than time. There are millions of articles on - "How to save money?" but is that the case when it comes to time - "How to save time?” No I am not talking of time management. I am talking of investment. We always focus on - Where should we invest our money? Do we really think the same when it comes to time? One of the smartest things you can do is so start investing time in places which matters most to you. This also helps us getting ready for the opportunity when it knocks our door. The grass is always greener on the other side When we are young, and we have lot of time on our side to become what we want to - we tend to ignore that and start chasing money. Our success criterion is how much money we can have as soon as possible. We are impatient as we don't value time. The whole philosophy is - "If we can’t get what we want and we can’t get it right now, then that’s just not good enough." We love momentum. That is why - you will see very few 30 years old value investors. Please note - I am not suggesting momentum is bad, and Value investing is nirvana. When we become old, we suddenly start valuing time. This is the period when time becomes the most important aspect. Patience becomes the key. Value investing becomes the key. We will always seek what we need while the debate may continue on time over money. I am also confused on the subject that what should be the priority - time or money. But it's an important subject to think over. Anyways - Time is precious and we should always try to make best use of it by spending it in places which we can cherish later. Good memories can be great source of energy. So, one should not get too much obsessed with saving money. It's alright to spend occasionally on stuff that can buy you great time. "It's better to waste money, than it is to waste time. You can always get more money." - Hal Sparks.