Friday, February 23, 2024

Relationship between Time and Money

The relationship between these 2 things is interesting:
The middle class and poor, value money more than time and give their time to earn money.

The business class and the rich, value time more than money and spend money to save time.

The middle class and the poor, dont know many ways to make money apart from trading their time to earn money with the particular set of skills they have.

For the business class and the rich, know that there are multiple ways to make money, but time is limited. They have seen their money and wealth go up and down many times and understand it much deeper. They sometimes have connections (trust from customers, suppliers, associations, bank credit, mortgaging assets) they can leverage to get back from a bad position.