That is the basic premise, is it not? Money represents a store of value that can be exchanged for goods or services. To make money, you exchange your skills, effort, and time. While the first two are important factors, time is the common element in any services rendered.
Everything takes time. It is the ingredient in all things.
Therefore, time is money – that much is clear. However, can money make time? Can you buy more time?
Many people might argue that time, especially the time allotted to each person, is limited.
It was just his time to go. He ran out of time.
If that’s the case, then we ought to spend our time wisely.
Don’t waste the time given to you. Enjoy the time you have while you still can.
I would like to argue that time can certainly be bought. If you have the means, you can buy healthier food, better healthcare, take time off to take care of yourself mentally and physically, etc. These factors can prolong the time you have.
However, the question, then, is whether the prolonged time is “quality” time. We can attribute “quality” to such abstract things as happiness and fulfillment, or friendships and laughter.
Unfortunately, for many of us, we expend so much effort trying to make and hoard money that we often forget to enjoy the fruits of our labor (the quality time part). Additionally, we often exchange money for other stores of value. We exchange our time for things that represent a trophy of time spent: a big house, a fancy car, etc.
Because those things cost so much, we have to exchange more of our time to get them. In the end, when time runs out, I wonder if those things would truly bring us happiness – if we would tell ourselves, on our deathbeds, that it was time well spent.
I would venture to guess that very few of us would rave about all the time we spent storing values.
I would suspect that most of us would remember the quality time spent laughing with our friends.
What I am trying to say is… While this time/money trade is an inevitable part of life, I hope you spend more of your earned stores of value on quality time and not on other stores of value that require more time invested.