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.
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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