Treat your time like money in the bank. What do you spend it on? Don’t waste your time. Use it correctly. Every day that passes is like an amount of money that you drew from your account. If you are careful with your money, you should be also careful with your time. Spend it on something that helps you, adds value to your life, gets you somewhere, and helps other people.
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Use the Realized Income Methods to calculate the value of your time. It is based on the income you received and will help you make better decisions on how to spend money day-by-day. You need two numbers for your calculations.
You work thousands of hours to make a certain amount of money. And then, you can drop it all on a new car, luxury vacation, watch, or anything else that you desire.The easiest way to grow your bank account is NOT to spend it all. It’s solid advice. The ancient Stoics knew about this too.
Measure the total amount of time you invest each year to earn money. It includes the time you spend to commute to and from work, and time spent working on a side hustle or dropping your kids at daycare.
If you're unsure how much time you spend working, use 2,500 hours per year as a starting...
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