Apr

6

Buying Time

Filed Under Finance, Vision | Leave a Comment

Fortunes are spent each lifetime on things that sustain us, and things that drain us.  But what is the ultimate sustanance of life?  If we consider ‘life’ to be the period of time that we are conscious and alive (as opposed to unconscious and/or dead), then time would be a universal currency of ‘life’.  The more time you have, the more life you have.  For example, a person that has 70 years of life would be considered to have more time than somebody who has 30 years of life.  As such, the person who has more could be considered more ‘wealthy’, if we attributed time as a currency.

Now if time is a currency, it must be able to be traded, bought, and sold.  The question is, how does one buy time?  If Walmart, Ebay, or Amazon don’t sell it .. how does one acquire more time?

For a business, a first stage of financial management is to asses the situation and identify where debts or cash outflows occur.  One can never acquire more cash if one constantly has the cash being sucked out through expenses and liabilities (unless you have a very high inflow of cash, but this is a non-efficient state).  Similarly, if time is constantly being drained, one can never become ‘time-wealthy’.  Thus comes the first step of acquiring more time:

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