Recently I have been thinking about one thing, how valuable is our time? How valuable is your time?
Hello everyone, I'm Charles, have you ever asked yourself this question? Constantly working hard for life, but feel that I am always in the mouse circle, endlessly running around for life.
I still remember the day of the middle school graduation ceremony. My classmates were embracing each other, wishing each other well, and talking about leaving the campus or studying in Taiwan. Although I also hope to study in Taiwan in my heart, but that day I chose to go straight to the job that I applied for successfully the day before, and just started my part-time career... From that day on, there was no moment of stopping, because the goal was still not achieved. In order to achieve the so-called goal, I indirectly sacrificed many people and things along the way. It is not until today that I realize that if a person does not recognize the relationship between time and money, no matter how hard he tries, life will not be perfect. any breakouts.
A Course That Is Neglected-【Financial Quotient】
Why is it so easy for someone to make money? Some people need a lot of hard work to make money? Because most people lack understanding of money and lack of financial quotient. You might say, I understand financial quotient! I want to say that understanding and comprehension are two different things.
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Although in many cases, even if we really want to jump out of this thinking box, the helpless thing is that the children cultivated by the school today are still batch after batch of employee thinking. Unless you personally have a strong thirst for knowledge and want to change, otherwise It is not easy to change the current situation.
It is undeniable that most people are very hardworking and will do anything for their loved ones and precious families. The most typical example is leaving your hometown and working abroad, such as Singapore, Australia... Willingly allow the other party to use your precious time, energy, and physical strength, and what's more, you may lose your dignity for the sake of life, but you dare not Speak up lest you lose your ability to make money. Now that you already know that this is not the most efficient way to make money, why can't you extricate yourself and continue to make money in this way? I believe the most likely reason is that there is a lack of people around who understand how to make "money".
Some people trade time for money, while others trade honesty for money
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It’s no wonder that the vast majority of us have such a big difference in understanding of money, because the environment we live in is people who exchange time for money. People who really understand money are very clear that money is not their ultimate pursuit, and they will not blindly exchange time for money. They understand very well that money is a carrier, a measure of material value, and its essence is credit. A "product" that is traded, increases in value and depreciates in value as the financial system balances demand among central banks, like your car, cell phone, etc. People who really understand money will spend time building integrity, developing projects, using integrity to exchange for this "product", and after building assets, use the money earned from assets to pay for their own living expenses. So when a person lacks the product of "money", the most valuable thing in you is your integrity. When you have no money, as long as you have enough integrity to be trusted, money will come to you.How often do you hear that statement, if I have money, I can start a business, if I have money, I can travel the world, but is it true? Most of the rich people you and I are familiar with, such as Elon Musk , Jeff Bezos , Jack Ma Jack Ma , started their business by borrowing money in the early stage of their business (it sounds like financing), because they all know very well , Money is just a tool for them to achieve their goal of creating assets, especially Jeff Bezos. If you also have investment, you will definitely find that Amazon has been operating at a loss for many years, but it has still been able to raise funds successfully many times. why? Of course, I am not encouraging you to pledge your integrity to borrow money from your friends. Your friends are not the object of your loan, but the object of your integrity is the bank or investor.
Solution
In the current world of the money game, a bank is a tool that can help you create wealth. The scale of financing is regardless of size. In order to successfully obtain financing, in addition to having a highly feasible project, the bank still values your repayment ability the most, so you need to provide assets that can be mortgaged. The type of assets can include your real estate , stocks, term, bonds, etc.
Maybe you will say, if I have this money, I don't need to borrow it! I can only say that it is precisely this kind of thinking that distinguishes ordinary people from rich people. People who really understand financial intelligence will not use their own capital to start a business. Instead, they will use their hard-earned money for loans/mortgages.
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do you know? A company as big as Apple has a cash reserve of 230 billion U.S. dollars. However, due to taxation and other reasons, today it continues to raise funds from the outside through bank loans, bond issuance, etc., and repurchase its own stocks. In the simplest way, directly use your own cash reserves, why? A company with 230 billion in cash has more than 50 billion in liabilities. Did you find anything? To put it bluntly, you can use borrowed money to develop your business while continuing to keep the money you have worked so hard to earn back! When you fully understand the meaning of this aspect, you will find that the time you are currently using to work is very valuable, so even if you can earn income from work, you cannot spend it at will. On the contrary, it should be based on alternative currency The reason for value preservation is to put the money earned in a place where value can be preserved, and wait for the right time to play a role. If you can't keep your money safe, it will be disastrous, especially this year, the inflationary pressure is intensifying. In the United States alone, the inflation rate has reached 8%. What about Malaysia? How much will your money lose in value?
Summarize
For a long time, I have been working hard, but I ended up approaching the topic of money with an average person's thinking. So today, no matter whether you are working across the ocean or locally, you need to make good use of your time to build your personal brand without a lot of investment. In the future, when you are ready to start a business, you will There are all benefits and no harm. In this regard, you can refer to the following articles.When you understand these things, you will find that you are really valuable. I was not so lucky, there was no one around me who said these words to me back then, but today I hope my experience can help you who are thinking about this issue.
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In the next installment, I will share should you start investing in virtual currencies? What is the underlying logic of investment? How to invest in virtual currency safely? Thanks again for your subscription and attention. See you next time👋
