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How do you invest your time?
Tips to make sure you are getting the return you want
As I enter my mid-30s I’ve realized that the most important resource I have is time. Not money or status but the ability to dictate where and how I spend each day.
However, if time is the most important resource I have, then why am I spending my days pursuing longer hours at work, attending various family commitments, or staying connected with close friends? Wouldn’t the best path be to free yourself of all responsibility? To endlessly watch sports until your time on this earth is done?
In a recent Wall Street Journal article a concept was explained that made me understand why I choose to place all of these constraints on my time. Instead of spending my time, I am investing it in hopes that where I allocate my time today will ultimately pay off later in life.
To briefly summarize the article. With any investment, there is a hope that the money you put in will ultimately grow and be worth more when you need it. Your investment grows based on the health of whatever security you purchase for your investment. Alternatively, you could just spend your money but have nothing saved and no opportunity to have your money grow and earn more.