The Money Cycle - Deepstash
How To Live A Long Life

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The Money Cycle

Earning lots of money to lead a better life in the future is one of the biggest mistakes many youngsters make, as once they get enrolled in a promotion/incentive mechanism, their focus becomes earning more and more.

We need to stop being too wired in just one direction and incorporate more time for social relationships, hobbies, fitness and sleep, but we seldom are that ‘time-smart’.

77

293 reads

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Time Is Infinitely More Valuable Than Money

  • We often hear that time is money, but comparing something precious, finite and uncertain as Time to a man-made commodity like money is a mistake.
  • Time is infinitely more valuable than any other resource.
  • Everyone has learned that earning money and being productive is the key ...

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1.14K reads

The Easterlin Paradox

The Easterlin paradox explains the perplexing situation when our income is no longer an indication of our happiness. More money then starts to diminish happiness.

Happiness often eludes wealthy people as there are more problems, more comparisons and more keeping up with the Joneses.

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192 reads

The Instability Of Our Times

The present world is full of uncertainty and instability even if one is employed, having money in the bank. 

The constant anxiety to be productive persists in most people who would do second and third jobs to keep the money pipe from going dry.

  • To decrease this constant time-anxi...

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177 reads

Doom Scroller In Our Pockets

Though we have relatively more time due to technology, and the gig economy that outsources our food, laundry, commute and other stuff, we don’t use that time well. The smartphones in our pockets blur our work and personal life, making us time poor and with conflicting goals.

Example: Go...

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220 reads

Accounting For Time

Just like money-based accounting, we need to account for our time, writing where we spent our day, and how nourishing and time-affluent the activities are.

Ironically, the amount of time we waste has increased, as useless activities like doom scrolling on social media or looking for the bes...

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181 reads

Time Vs Money

Money is concrete, tangible and countable, with an added advantage of being more valuable in the future due to compounding. Time, on the other hand, is abstract and hard to count.

We are usually not able to imagine what we would do with a lot more time, and also mistakenly expect to have pl...

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183 reads

People Only Understand Money

Even saved time and how much value it really has to be converted into money value to make people understand it better. Shifting our mindset from money to time makes us happier at a money value of USD 4400 per year.

People earning a per-hour rate feel the value of time, and ...

65

181 reads

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gianrad

Allergic to Brazil nuts. And BS.

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