TIME AND MONEY

The True Relationship Between Time and Money on The Money Café

You Got the Money But Can You Buy Some Time?

Time is supposed to be money. In fact, time is worth more than money. If you lose your money, you can replace it with much more money. Doing the same with time is impossible, however. "Lost time," declared Benjamin Franklin, "is never found again." In this regard, money is unlimited; time isn't. Unfortunately, some people act as if the opposite were true.

Those who make the worst use of their time most complain of its shortness.
— La Bruyère 

Clearly, in today's fast-paced, stressed-out Western world, time is more precious than never before. Time, in fact, is our scarcest resource. It is a finite resource on which we place infinite demands by trying to do too much. Given that you can always get more money, but not more time, you should spend your time much more wisely than you spend your money.

Always leave enough time in your life to do something that makes you happy, satisfied, even joyous. That has more of an effect on economic well-being than any other single factor.
— Paul Hawken

Billionaire Nicolas Hayek, who reshaped the insolvent Swiss watch industry into a multi-billion dollar empire, had this to say about time: "Time is both wonderful and horrible. It is my work and life. Yet I hate time. Why? Because you cannot stop it. You cannot possess it. It's always present, but if you try to hold it, it disappears. And don't try to use personal tricks to fool time. It will always catch up with you."

Retirement: The time in your life when time is no longer money.
— Author unknown

If you want to have time on your side, you can't always fight it.
Indeed, to fight time is as asinine as to fight the law of gravity and the Easy Rule of Life. Together, the three will sooner or later put you six feet under.

You must always work not just within but below your means. If you can handle three elements, handle only two. If you can handle ten, then handle only five. In that way the ones you do handle, you handle with more ease, more mastery, and you create a feeling of strength in reserve.
— Picasso

Nothing indicates better that you are fighting time than the fact
you are always hurried. Always feeling rushed is no way to live for a prosperity-minded individual. To be sure, the objective of life is not to get through it as fast as possible.

I believe you are your work. Don't trade the stuff of your life, time, for nothing more than dollars. That's a rotten bargain.
— Rita Mae Brown

Perhaps you aren't concerned about the rapid pace of your life. The thing you should be concerned about, however, is the abrupt stop at the end it, much earlier than you expected. And you are going to reach the end of life at a much younger age if you don't learn to slow down.

Your mind can be your greatest asset, but it can play tricks on you. One such nasty trick is it makes you believe that you don't have sufficient time to do your work and still have time to lead a satisfying, balanced lifestyle that includes time for relaxation, social engagements, and other leisure activities. Perhaps you should think again! You have 1440 minutes or 86,400 seconds in a day. That's the same amont of time that everyone else on Earth has, including people who have a full, relaxed, happy, and satisfying lifestyle.

Lost, yesterday, somewhere between sunrise and sunset, two golden hours, each set with sixty diamond minutes. No reward is offered, for they are gone forever.
— Horace Mann

Putting more time in our lives is actually quite easy. Whenever you are short on time for the good things in life, you must create more time by making better use of it.

A recent research study at Penn State University indicated that what we perceive as a time crunch in large measure is just an erroneous perception. We all have enough time to do the important and enjoyable things, but we squander it. If we make excellent use of just 30 or 40 percent of our time, we shouldn't have any shortage.

For proper time management principles that will make you a lot of money, here are the Top-10 Worst Uses of Your Time and The Top-10 Best Uses of Your Time that I presented in my speech to 2,000 members of the National Turkish Congress on Quality ( KalDer ) at their annual conference in Istanbul on November 26.

The Money Cafe is brought to you by Ernie J. Zelinski, an innovator and content creator of best-selling books, creative free e-books, and websites.

Ernie Zelinski is the author of the international bestsellers  How to Retire Happy, Wild, and Free (over 125,000 copies sold and published in 8 foreign languages) and  The Joy of Not Working (over 250,000 copies sold and published in 17 languages).

 Time Management Tips:

Top-10 Worst Uses of Your Time That Will Keep You Poor

1. Doing things that bring low results.
2. Doing things that few people are interested in.
3. Doing things that everyone else is dong.
4. Watching a lot of television.
5. Gossiping and talking on the telephone.
6. Doing things that other people want you to do.
7. Doing things that have no real purpose.
8. Working at things for which you are not well paid.
9. Working on things you don’t like or aren’t good at.
10. Working at a job that you don’t like.

Time Management Tips:

Top-10 Best Uses of Your Time That Will Make You Rich and Posperous

1. Doing things that few people are doing.
2. Doing things that bring high results.
3. Doing things that will interest a lot of people.
4. Meditating and exercising.
5. Celebrating life with your friends.
6. Educating yourself about the world and your work.
7. Doing things that relate to your purpose in life.
8. Creating intellectual property — that will make money for you while you sleep.
9. Doing things that you like and are good at.
10. Working at a job that you like a lot.

Quotes about Time and Money and Time Management 

Money and time are the heaviest burdens of life, and ... the unhappiest of all mortals are those who have more of either than they know how to use.
— Samuel Johnson

Einstein's Real Discovery: Time = Money
— Graffiti

Waste your money and you're only out of money, but waste your time and you've lost a part of your life. 
— Michael Leboeuf

Time is a waste of money.
— Oscar Wilde

Time spent in laughter is well invested.
— Unknown wise person

They deem me mad because I will not sell my days for gold; and I deem them mad because they think my days have a price. 
— Kahlil Gibran

Finance, like time, devours its own children.
— Honaré de Balzac

Nothing is so dear and precious as time.
— French proverb

I believe you are your work. Don't trade the stuff of your life, time, for nothing more than dollars. That's a rotten bargain.
— Rita Mae Brown

Time is money, especially when you're talking to a lawyer or buying a commercial.
— Frank Dane

All my possessions for a moment of time.
— Queen Elizabeth I

I cannot afford to waste my time making money.
— Jean Louis Rodolphe Agassiz (nineteenth-century Swiss naturalist when asked to give a lecture for a large fee)

Time is like money, the less we have of it to spare the further we make it go.
— Josh Billings

It's not "he who dies with the most toys wins." It's 'he who has the most time to play with his toys and the most fun playing with them who wins.
— Karen Sal

Consider this carefully:
If you are working more than eight hours a day, you are in the wrong job.
Either that — or you are doing it wrong.
— from Career Success Without a Real Job

Money and time are the heaviest burdens of life, and ... the unhappiest of all mortals are those who have more of either than they know how to use.
— Samuel Johnson

Waste your money and you're only out of money, but waste your time and you've lost a part of your life. 
— Michael Leboeuf

I will not sell my days for gold; and I deem them mad because they think my days have a price. 
— Kahlil Gibran

Finance, like time, devours its own children.
— Honaré de Balzac

Well-arranged time is the surest mark of a well-arranged mind.
— Sir Isaac Pitman

A good rest is half the work.
— Yugoslav proverb

Understand the difference between being at work and working.
— Unknown wise person

Don't overdo things that shouldn't be done in the first place.
— Unknown wise person

Doing a thing well is often a waste of time.
— Robert Byrne

If you burn the candle at both ends, you are not as bright as you think.
— Unknown wise person

So little time, so little to do.
— Oscar Levant

The more you think, the more time you have.
— Henry Ford

Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michelangelo, Mother Teresa, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein.
— H. Jackson Brown, Jr.

Things that matter most must never be at the mercy of things that matter least.
— Johann Wolfgang von Goethe

Remember that time is money.
— Benjamin Franklin

It's amazing how long it takes to complete something that you are not working on.
— Author Unknown

It's simply fantastic the amount of work you can get done if you don't do anything else.
— Unknown wise person

There's never enough time to do all the nothing you want.
— Bill Watterson

Work expands so as to fill the time available for its completion. General recognition of this fact is shown in the proverbial phrase "It is the busiest man who has time to spare."
— C. Northcote Parkinson

The best way to fill time is to waste it.
— Marguerite Duras

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