Thursday, May 22, 2014

BUY yourself some TIME

I know most people would agree with me when I say TIME is more important than money. But I am saying this not because I don’t have money. Most people say this because time is all they have. Not money. I’m saying this because I always want to BUY time for myself. I love being with my girlfriend. Our time is so precious and sometimes I don’t want it to end. I love spending time with my family, drinking some brandy, talking to each other, talking about stories we encounter. I love writing things up. Those are the things that I want to spend my time with, and not spending 10 hours of my time on work every day making other people rich. So how do I buy some time?

Buy other people’s TIME

We may not recognize it buy we often buy other people’s time. We buy other people’s time when we eat dinner on a fast food and restaurant; when we pay for a Laundry; when send gifts to our loved ones faraway using services like LBC. We pay for the service they render to buy us some time. Fast foods and restaurants save our time cooking for dinner. Laundries save our time washing our own clothing. And services like LBC save our time traveling to connect us from someone we love. We pay for other people’s time to buy us some time to do things like being with our family longer. By using other people’s time we can do so much more with our life. We can do things like playing around, reading some novels, doing what our heart desires. But as you can see those can only be done using money. Time is our most important asset but money is still a necessity to make that time long enough. So how do we make our time so much longer?

The ticket to the chocolate factory is a Passive Income

So what exactly is a passive income? A passive income is a source of money that does not necessarily need your presence to be able to generate money. It usually is a business. Many think that it is so hard to work on a business. Often times we hear “it’s too much of a hustle to learn how to do business” or “I don’t really need money so I don’t need a business”. But often times the people who say those lines are the ones who suffer a great deal of stress because all their time was spent on someone’s business. Their time was being bought by someone else capable of making their time longer. Their time shortens and the ones paying them gets the longer time. Little do they know that their lives are getting miserable because they are too lazy to take time to study business. Having a business is really a hard work. But when you work hard for it and it succeeds, it will give you all the time in the world to spend with what your heart desires. So what do I recommend for a business?

I won’t recommend any type of Business, but I recommend this,

I do business and I would not tell anything about it but I will tell you how I acquired a business. It’s not really rocket science. It’s just about common sense. One day I spotted a car that costs Php 50,000. I said aloud, I’m going to buy that car in 3 months time. It’s a very nice car; the thing is it’s not brand new. It’s an old model Mitsubishi Lancer hotdog. My co worker heard what I said and he said why not buy a new car. Well, I did not say anything to him at that time but I was thinking if I bought a brand new car that costs Php 800,000, that would make me suffer for 5 years time because a brand new car initially costs Php 90,000 and every month I have to pay Php 10,000 to Php 12,000 for it for 5 years. It is not what I aspired for. At that time I have Php 140,000 in investments. I have acquired it by saving money and investing that savings to a business. I don’t have much monthly payments because I don’t have many debts and that is the reason why I have that much money. I only spend money on buying other peoples time like paying for a laundry, eating on fast food or restaurants. That investment gave me a business that gives me almost 50% ROI every 2 months. I can use that money for the brand new car payment but I never did. What I did is I invested that money on my business. And In 3 months time I will be able to pay for the old model Mitsubishi. The lesson I am portraying is most people tend to bury themselves on debt. When you buried yourself in debt you will lend most of your time to other people who can BUY your TIME. And that is the start of your miseries. Simple and is not a rocket science.

2 comments:

  1. Thanks for sharing your knowledge and experience. YOU WATCH YOUR BACK! I'll be next to you! hahahahaha. But could you support us until we can stand on our own? I'm counting on you BOSS! hahahaha. <<"Beat the Inflation">>

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