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Author Topic: We Talk About The Cost Of Money, What About The Cost Of Time?  (Read 196 times)
Btcdeybodi
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Today at 03:59:07 PM
 #21

Here’s is what I want to know;
How much does it affect your ability to earn or run a business and improve your standard of living?
Have you ever considered how much time you lose in a week just trying to get things done?

Time and money works concurrently, except you are someone who is lazy then that is when yor time becomes unproductive. Time spent on traffic does affect one's business because you can miss important appointments with clients while you are stocked on traffic but this issue can be solved through remote jobs that you can work at the comfort of your home. This is why digital skills are advised because they solve a lot of problems that one can encounter at the office. I don't care about how much time I lose in a week or a month because I can't have all the time and it is normal because there are even times when you have planned on a business meeting and something more important that can even cost you money can appear but it needs more attention than the business you intended to go for.

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Today at 04:06:14 PM
 #22

One thing I’ve come to realize is that when we talk about the economy, we overlook how much money we indirectly lose through the time we waste.
People that understands the true value of time do everything that they possibly can to utilize it because they know how priceless time. It doesn't matter how much money you have lost you can always find a way to recover but time is something that cannot be recovered when it is lost and this is something that a lot of people fail to take seriously.

Quote
Here’s is what I want to know;
How much does it affect your ability to earn or run a business and improve your standard of living?
Have you ever considered how much time you lose in a week just trying to get things done?
I don't consider the time I lose in a week I consider the time that I lose on a daily basis, this is how much I value my time and it's a constant reminder that I have to get things done. As someone that is into business and a lot of things I always make sure I use my time properly.

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Today at 07:30:27 PM
 #23

There are many among us who do not give any importance to time, but the importance of time is immense. And once a little time passes from life, that time is never returned. A person spends hours and hours commuting to work every day and then gets tired before returning home to spend it with his family. The cost of commuting is not the main thing here, but the time spent with his family is learning something for himself and losing mental peace.

If a person spends an hour of unnecessary work every day, but if he had used that time, he would have had the opportunity to earn extra money, then he could have gone somewhere nice with his children or eaten good food. Again, if he had used the time wasted and acquired some good skills, then the quality and type of work he did would have been better and he could have earned extra money.

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Today at 07:44:18 PM
 #24

Here’s is what I want to know;
How much does it affect your ability to earn or run a business and improve your standard of living?
Have you ever considered how much time you lose in a week just trying to get things done?

In the case of uncertainty or unplanned events, you could always try to adjust your schedules to meet up with any other thing. Just like when I do come to the forum, it's mostly during the after work hours when I'm back home.

I knew that I won't have much time during the day to be active here so I had to make plans for other times in the day. It doesn't make me unproductive, it only means I will have to spend extra time doing other things before calling it a day.

The most important thing is to ensure you get things done with in stipulated time.

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Today at 08:03:01 PM
 #25

Here’s is what I want to know;
How much does it affect your ability to earn or run a business and improve your standard of living?
It is not rocket science; if you are able to manage your time properly and reduce the time you spend on irrelevant and unproductive activities, you will have more time to focus on business to think of more creative ways to make profit.

Quote
Have you ever considered how much time you lose in a week just trying to get things done?
Some people never consider it because they are moving too fast to slow down and notice things. But you have to try and create more time for yourself as you grow into someone who can afford it. Get that housekeeper/maid to help with house chores, get a cook, get an assistant, and anything else you know that will help you save some time to have for essential things. You are not spending more money; you are saving time.

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Today at 08:33:38 PM
 #26

There are many among us who do not give any importance to time, but the importance of time is immense. And once a little time passes from life, that time is never returned. A person spends hours and hours commuting to work every day and then gets tired before returning home to spend it with his family. The cost of commuting is not the main thing here, but the time spent with his family is learning something for himself and losing mental peace.
Time is the only thing that cannot be recovered when it is gone but the problem with a lot of people is that assume that they have a lot of time that's the reason why they decide to waste it. Having that idea that there's more than enough time can actually be a distracting thought. Time is of the essence and must learn to be managed, using your time and focusing only on a particular thing while ignoring other things that are important shows that there's no balance.

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Today at 08:43:40 PM
 #27

​What you just said reminded me of what a friend of mine told me. He said,You can grind all night and day and still not make anything. So the idea isn't the time wasted the idea is how do you tend to recover from it. Like what are your plans.Just because time is something that can never be gotten again doesn't mean you making use of it outside of work is wasting it.
To me you can consider time wasted when you are either procrastinating or you are just being lazy. Best to say money isn't the only thing a person should focus all their time on. Basically it could cause you a lot of psychological trauma, which can eventually lead to desperation to make moneyand at the end of the day, folks often turn to the bad side of the world and start becoming scammers, and so on..that's all.......

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Today at 09:07:25 PM
 #28

There are many among us who do not give any importance to time, but the importance of time is immense. And once a little time passes from life, that time is never returned. A person spends hours and hours commuting to work every day and then gets tired before returning home to spend it with his family. The cost of commuting is not the main thing here, but the time spent with his family is learning something for himself and losing mental peace.

Time is a precious asset that once gone will never come back.Money can be trusted and success can be earned again and again but time that has passed cannot be regained no matter how hard you try.You have given a very good example.Money is not everything in life.Sometimes spending time with each other is the most important and necessary thing but we have also dedicated that time to earning money because our basic belief is that money is all we need to live.Although this is not true we should limit our activities and make time for our family because in the future we will remember this time we have lost.

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Today at 09:11:52 PM
 #29

There are many among us who do not give any importance to time, but the importance of time is immense. And once a little time passes from life, that time is never returned. A person spends hours and hours commuting to work every day and then gets tired before returning home to spend it with his family. The cost of commuting is not the main thing here, but the time spent with his family is learning something for himself and losing mental peace.

Time is a precious asset that once gone will never come back.Money can be trusted and success can be earned again and again but time that has passed cannot be regained no matter how hard you try.You have given a very good example.Money is not everything in life.Sometimes spending time with each other is the most important and necessary thing but we have also dedicated that time to earning money because our basic belief is that money is all we need to live.Although this is not true we should limit our activities and make time for our family because in the future we will remember this time we have lost.

After checking our schedules for the week we realize how much time is lost to transit, lines, and red tape.
​That shows how precious time is as the ultimate constraint.
To protect our time demands we must be ruthless in eliminating friction through automation and better systems, so we can share what's left with loved ones and take good care of ourselves regardless of how much we earn.

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Today at 10:36:33 PM
 #30

If you spend the time been productive,  then it is not one which I will consider a waste or something,  because it doesn't matter how you may want to see it, if you want to be or stay productive,  you will have to spend time, it is a universal currency that is always present in every transaction at all times. Sometimes we don't even spend it by choice,  we also do not even have absolute control of spending it Sometimes because you literally spend it by staying alive to spend it on other activities we call valuable.  The cost of time for me is in the value upon which its been spent,  and just like energy,  I don't think its completely lost, but its transfered from one person or form to another, it's even recycled in sime cases but never completely wasted because in one way or the other,  you gwt to spend it, only that the outcome may not be productive enough.

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Today at 10:37:10 PM
 #31

One thing I’ve come to realize is that when we talk about the economy, we overlook how much money we indirectly lose through the time we waste. Think about someone who spends so many hours in traffic or have to visit several places before getting sometime that should have been easy to access. Nobody sends that person a bill for the time they’ve lost but the cost is still there.

A worker who spend hours working has little time to rest, learn new things or take on extra work. Even small delay can sometimes become expensive when they happen every time. We usually measure economic costs in dollars, wages and price but time is also a resources and once it is lost it cannot be recovered. I wonder how much more productive people and businesses could be if less of their time is spent while dealing with unnecessary delays.

Here’s is what I want to know;
How much does it affect your ability to earn or run a business and improve your standard of living?
Have you ever considered how much time you lose in a week just trying to get things done?

You know there is a saying that time is money, and that is why if you were able to have an asset like landed property or Bitcoin when it was at a low rate some years back, you understand that time gives value to those assets, so it's appreciates after a long time. Time lost cannot be recovered, and that is why you need to manage your time properly so you won't lose out too much.

Anybody that is working and is earning from his work, is not losing time, that person is putting his time into proper use which is why he's been rewarded, this is contrary to what you said about a worker spending time to work and has little time to rest. If you are a worker you understand that there are closing times after every work, and for most companies they do compulsory leave for you to go and rest for a certain number of months.











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Today at 10:49:44 PM
 #32

You know there is a saying that time is money, and that is why if you were able to have an asset like landed property or Bitcoin when it was at a low rate some years back, you understand that time gives value to those assets, so it's appreciates after a long time. Time lost cannot be recovered, and that is why you need to manage your time properly so you won't lose out too much.

Anybody that is working and is earning from his work, is not losing time, that person is putting his time into proper use which is why he's been rewarded, this is contrary to what you said about a worker spending time to work and has little time to rest. If you are a worker you understand that there are closing times after every work, and for most companies they do compulsory leave for you to go and rest for a certain number of months.
Knowledge of the concept that time is money enables your mind to embrace a reliable approach to the building of wealth that will take many years to achieve. Acquisition of property or Bitcoins at the time when prices fall makes it certain that there will be more than one opportunity of gaining in the future without taking any action. Considering the fact that you cannot return wasted time, you have to implement life goals based on those priorities that are the most important for you. Use of daytime hours for working in an office is extremely precious as you earn money each month due to your efforts. Every office hour will always guarantee the completion of each working day so that workers may unwind in their homes.


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Iroh
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Today at 11:00:46 PM
 #33

Time is one extremly valuable thing we cannot get back so ordinarily, we ought to make the best of it whenever possible. I think time is not actually overlooked when we talk about the economy. It's actively there, noticed and also rewarded.
When you get employed and work for an employer, using your knowledge and skills acquired beforehand, and for a fee, you voluntarily give up your time to further the growth and success of the organization you work for.

A junkie mostly spends the time in pursuit of the next fix. An employed individual heads to the workplace knowing he has to put in some time at his workplace. Everyday, people spend their time doing what they consider to be important and that's why we sometimes get midly irritated or in some cases, outright angry when something or someone disrupts our time.
No one loves to sit for long in bad traffic or made to wait for ages before getting or doing something that should ordinarily be easy to do or get. But we still head out into traffic anyway because we've deemed it important.
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