Tick…Tick…Tick…This sound is a daily reminder of our most valuable asset slowly slipping away one tick at a time. When we normally think of wealth we think of the almighty dollar and forget about our most valuable asset which is time.
Unlike money time cannot be replenished, replaced, borrowed or traded. Time is also a trickster as it fools us into thinking it is an unlimited resource. especially when we are young ambitious men we believe we will never be the one who's life is snuffed out too early, that only happens to other people, we foolishly tell ourselves. Time is a finite supply that each of us have be nobody knows how much of theirs they have spent. Time is a great indicator of what we hold most valuable. Do we work 24/7? Play 24/7? or just spend our time on meaningless activities never being productive or enriching the lives of those around us? It is interesting that we use the phrase “spend our time” without realizing that we are truly spending it.
When we look at our lives and how we spend our time we need to think about the following questions if we want to be good stewards of the time we have.
1) Am I investing my time wisely? While watching an episode of Bizarre Foods is enjoyable it isn't the best use of my time to watch an entire season in one weekend. whether we realize it or not, how we spend our time each day shapes our future. You need to ask yourself if you are getting or will you get a good return on the time you are investing now?
2) Will I regret my purchase? We can look at how we spend our time as transactions. If I play video games instead of doing homework i am getting pleasure from the games and camaraderie with friends but if I don't excel in school will I regret this time purchase down the road?
3. How do I become time wealthy? I think the answer to this question varies person to person depending on our goals but there are commonalities. Will the time you spend today create opportunities for you in the future to do what you love, and spend time with those you love? If the answer is “yes” then I think you can consider yourself time wealthy. If not, then you have work to do.
So the next time you hear the familiar tick use it to remind you to continually be focusing on being time wealthy above any other kind of wealth. Use it to invigorate yourself to be making good investments so your returns will yield the truly wealthy life you desire.
- Matt King, Co-founder