TIME AND WEALTH

Be selective with who you invest your time, wasted time is worse than wasted money. Unknown

Everybody has equal measure of time, but everybody does not have equal measure of wealth.

Wealth is always a function of time. time wasters therefore, can scarcely be wealthy.

I have taken some time to observe and study men and women we can label as wealthy and one of the things I have discovered about these people is that they are very strict with the usage of their time.

Many argue and complain that it is difficult seeing or connecting with wealthy people. As true as this statement sounds, I also know that wealthy people know the things they dedicate their time to.

If you are worth the time of a wealthy person today, I can assure you that the connection will happen sooner than you expect regardless of the venue of the meeting and the amount of time to be spent.

My point is clear, no wealthy, time-conscious person will spend his/her time with someone or something that is not deserving of their time.

Except it is valuable, it is not deserving of time.

Many are not wealthy today because they spend their times on things that inadvertently take away wealth from them. The wealthy on the other hand spend time on things that add wealth to them.

Let me give you some few examples.

Before now, I used to spend hours watching professional football including the English Premier League (EPL), Spanish La Liga, French League 1…etc

Sometimes at a sitting, I confess that I spend up to four (4) hours, tuning from one major derby to another.

If I am with my friends seeing the match together, we are likely going to spend another 1 to 2 hours arguing and debating on how the match went, issues with players, coach and referees and the likes.

At the end of the day, I would have spent say six solid hours (a quarter of a day) watching and arguing on football matches that does not add a dime to my pocket, knowledge to my career and business but rather drains my emotional energy and sometimes saps my appetite leaving me incapable of taking my necessary food.

With the benefits of hindsight and timeless wisdom, I consider this type of wasteful time escapades as useless and meaningless.

Unfortunately, many people are still trapped in such meaningless, senseless time-wasting adventures.

For some others, their time-wasting traps come from addiction to seeing movies and non-ending soap operas.

Once you get trapped in any of these cycles of addictions, they offer you valueless entertainment but they take your invaluable time which could have been invested into more reasonable ventures. I am sure you understand what I am talking about.

Believe me, great wealth controllers are great time managers.

Time has more value than money. You can get more money, but you cannot get more time. Jim Rohn

How true!!!

All those hours I had spent arguing, watching films, sports…etc which has not added anything positive to me, cannot be got back. Those precious times are gone.

I like the way Napoleon Hill puts it: Time is valuable, and when it is gone, it is gone. Time is wealth, and unlike money, when it is gone, you cannot replace it

Tell me about your wealth status, and I should be able to predict safely how you have spent your time.

Let me close this session by leaving you with one of the wise, timeless statements of Michael Leboeuf:

Waste your money and you’re only out of money, but waste your time and you’ve lost a part of your life.

My advice: Don’t waste your money, don’t’ waste your time as well.

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