The Investment of Time Assets

The world runs by measurements of time. We are paid salaries based on how many hours we work or what the time commitment is. We travel to different countries and adjust to the standard time zones of the area. Orders and deliveries are tracked in hours or days they will take to be fulfilled. Estimated time of arrival and other durations are all tracked in time. We all have ages and years of experience based on the time we have been on Earth. We have 24 hours each day. Time runs the world.

Controlling our own time is one of the single most powerful parts of life we can own. Anything that saves us time in the future is called a “time asset.” If we say no to a meeting, we have more time in the future to look forward to and utilize. If we spend time now to automate a perpetual task, we have more time in the future to look forward to and utilize. If we do the job correctly the first time, we have more time in the future to look forward to and utilize. Time assets are an investment. The more of these investments we have, the more free we will feel and the more ability we will have to do more.

Choices that must be repaid via future allocations of time are called “time debts.” If we say yes to a meeting, we now have less time in the future to look forward to and utilize. If we refuse to automate a perpetual task, we now have less time in the future to look forward to and utilize. If we take shortcuts and do work that will need to be redone, we now have less time in the future to look forward to and utilize. Time debts are an expense, an expense that takes away from one of life’s most valuable commodities.

When discussing our time, we should aim to secure the most assets possible. We should treat our time like money and aim not to be in debt. We should feel empowered when we decline events or invitations that we feel are a “debt” to our time. By choosing our time assets in a deliberate manner, we are able to compound our investments to receive future returns.

Time is powerful. Time is money. Time is freedom. Use it to your advantage.