Time > Money


Ignore Gold and Bitcoin, how about Time as the new currency?

The Industrial Age taught us the only way to make money was to trade time for it. The deal was clear and has always been the same: You give me 8–10 hours of your day, and I’ll give you some money.

Most people spend their entire lives working to earn a “LIVING” while forgetting to actually LIVE.

We often lose sight of the purpose while being too busy in the process.

We live our lives waiting for the weekends; always living ahead of the present moment, assuming happiness lies in the next promotion, the next job, etc., thereby living for “weak ends”. We’re trading our happiness for sustenance. That’s a lot of time being wasted, which in turn is a lot of LIFE being wasted.

Let’s dig a bit deeper into this,

Say, you work 5 days a week to live your life for Saturday & Sunday. That means you’re trading 5/7th (or) 71.4% of your life to live the remaining 29.6%

Imagine the same thing happening for your money- it’s a whopping 70% tax-rate over the week. Do you get it now ?!

It’s even worse if you work 6 days a week.

If you work a 9–5 job, this will be the typical split-view of your day:

Work — — — — — — — — — — — — — — — — — — — — — 8 hrs.
Commuting to work — — — — — — — — — — — — — — — 1 hr.
Getting ready for work and relaxing after being tired — — -1 hr.
Sleep — — — — — — — — — — — — — — — — — — — — — 7 hrs.
Miscellaneous — — — — — — — — — — — — — – — — — — -1 hr.

Total — — — — — — — — — — — — — — — — — — — — — -18 hrs.

So in a 24-hour day, you only have 6 hours to actually Live for yourself and do the things you actually love, i.e., only 25% of your lifetime is left for you.

Hence, the tax-rate of a 9–5 job life is 75%! But, here comes the crescendo — all of this without including the precious 20-something years which you’ve sacrificed to become that 9–5 slave.

If people develop the psyche that time is the most valuable asset, they would most likely leave their jobs, or at the very least try to move nearer to their workplace to save time on commuting. I wish time was given at least the same importance as money. I’m amazed at how dirt-cheap this generation views time. “It only takes time”, they say. Spending an hour or two to drive to Walmart to save a few bucks.

If time became the new currency, then this world would need to start a whole new branch of behavioral economics to understand how people calculate ROI and Opportunity Cost.

Now imagine you’re on your deathbed, but you’re given the opportunity to extend an hour of your living, would you not give everything you have to live that extra one hour? Let’s say you earn 3000 for working 10 hours a day, i.e., 300 an hour. Now, how much is an hour of your life worth? Just 300?No, obviously. Why ?

Because Time — the basic element of living, is invaluable. We often forget that time is a highly scarce resource and tend to trade it off for seemingly “precious” things.

It’s the same reason why billionaires are trying to hack aging, “buy” time and digging for eternal life It isn’t that life is short but that we waste so much of it. It’s time we introspect how many hours of our life have we wasted for no obvious reason.

One final thought,

What’s your number ? Everyone’s got a number, where if they make this amount of money, they’ll leave their job and do what they love to do. What’s yours ?!

I’ve always wanted to hack my way out of this system where we trade our time for money. One day I will, but not yet.

Leave a Reply

Your email address will not be published. Required fields are marked *