Money value of time:

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Money value of time.

There’s this concept in finance called time value of money.

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It states a dollar today is worth more than a dollar in the future because that dollar today can be spent and grown into a much larger amount.

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Therefore you have to discount the dollar in the future back to today.

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Let’s flip that around.

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What is your money value of time?

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How do you value your time?

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How much?

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Put a number on it.

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A dollar.

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10 dollars.

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1000 dollars.

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How much is your time worth?

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Whatever you think it is, increase it.

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Time is the most precious asset in the world.

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Not money.

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Not success.

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Not fame.

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Not anything else.

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Time.

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If you’re a young person, you’re likely a time-billionaire.

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Let’s break it down.

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If you live 80 years on average, that’s 365 days x 80 years = 29,200.

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Times 24 hours = 700,800 hours.

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Times 60 minutes = 42,048,000 minutes

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Times 60 seconds = 2.5ish billion seconds.

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So if you’re under 40, you have over a billion seconds left.

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Assuming you don’t die young.

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For those older than us, they have way less.

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Some less than a hundred million seconds.

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What those people wouldn’t give up to get more time back.

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Ask any old person what they wouldn’t give up to get their time back.

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Buffet talked about this.

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He would trade all his money in the world for more time.

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I’m sure he would give his hundreds of billions of dollars for more time.

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More time to learn.

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More time to think.

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More time to experience this precious thing we call life.

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Don’t regret the time your time because those seconds are precious.

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Every one of them.

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Ideally you want to maximize them being happy.

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Being with people you love.

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Experiencing new things.

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Having fun with those around you.

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You don’t want to be miserable for them.

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And if you are, figure out why.

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No one can take you out of your rut.

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You have to decide every day.

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Every day you have a choice.

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A choice to show up.

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A choice to try.

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A choice to apply yourself.

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Doesn’t mean it’ll be easy, but the effort will be worth it.

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Some time is more valuable than others.

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Those moments with those you love matter more than those at your keyboard or staring at your phone.

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You need to remember - time is precious.

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It’s the only thing you can never get back.

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Once it’s gone, it’s gone.

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Appreciate it.

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Enjoy it.

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Value it.

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What’s your money value of time?

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