Time is Worth More Than Money — The Savvy Life (2024)

I’m taking the weekend off! I mean, really off. No chores. No errands. No must dos.It’s a weekend based only on want-to-dos.One of the greatest lessons I’ve learned in the last few years is that time is more valuable than money. You can always earn more money, but time is a finite resource.I’ve also learned that if you don’t protect your time, it will get filled, beyond capacity, with no room for you to relax or play.I confess that I relearned that lesson over the previous four weeks…Keep in mind that I absolutely love what I do. I love working with clients to help them with their day-to-day finances. I love speaking to audiences to teach them about Savvy Living. I love writing about Savvy Living.Being so passionate about the subject is the reason I’m at my desk at 6am and work until 5pm or later. It’s the reason I often put in another 8 – 16 hours on the weekend.On top of my day-to-day schedule, over the last four weeks I had 8 speaking engagements in 4 states. It was fantastic, but wreaked havoc on my schedule, on Paul’s schedule, on our house and frankly, on my health. I was exhausted.As I said, lesson relearned. I’m just glad I had the presence of mind six weeks ago to block this weekend out on my calendar.To ensure I don’t put myself back in the same position again, I've decided to put together some guidelines around how I manage my time.Just a few of the things I’m including in the guidelines:

  • No more than one overnight business trip per month.
  • Monday thru Friday from 6am – 5pm, focus only on work. No surfing, unless It’s for research or Facebook unless it’s to post something for The Savvy Life. That way when I shut off my computer at 5pm, I'll do it knowing I put in a solid day's work.
  • Be home, relaxing on the couch by 7:30 pm every night.
  • No more than four hours of work on a Saturday or Sunday - preferably while Paul and Dante are still asleep.
  • Take at least one full day off a month that doesn’t include travel or a must attend event.
  • Take at least one full weekend off a quarter that doesn’t include travel or a must attend event.

I specifically used the word "guidelines" for my list and not Rules. I do that because I don’t want to set myself up for failure. I know that at least one Tuesday a month I’ll be at a PTA Board Meeting past 7:30 pm. I also know that if an extraordinary speaking opportunity lands at my feet I’ll take it, even if I’m already booked that month. It has to be really, really worth it though.If you can relate to the lesson I relearned over the last four weeks, I encourage you to set up your own Time Guidelines and start reaping the benefits of working so hard.

Time is Worth More Than Money — The Savvy Life (2024)

FAQs

Who said time is worth more than money? ›

Quote by Jim Rohn: “Time is more value than money.

Why is time more valuable than money? ›

Simply put: You can't make more time. The funny thing is when you think about it, it's a bit ironic because you can use your time to make more money, but you can never turn around and use that money to buy more time. There will always be more money out there to earn, but as for time, it runs out for us all eventually.

Is it better to have more time or money? ›

Multiple surveys have found people who value time over money—by working fewer hours, living closer to work or in other ways—feel happier than those who value money over time.

Why is time as important as money? ›

It is because once you lose time, you will never get it back, not even a second of it. Time can be used to make money but money cannot be used to make more time. Thus, all the money in the world does not matter if you do not have enough time.

What did Mark Twain say about time? ›

There isn't time, so brief is life, for bickerings, apologies, heartburnings, callings to account.

What is a wise quote about time and money? ›

Copyright © 2022 WiseNet Asia Pte Ltd. All Rights Reserved
  • “An investment in knowledge pays the best interest.” – ...
  • “Time is more valuable than money. ...
  • “It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” –
Dec 28, 2022

What is most important in life time or money? ›

Time is more significant than money. With time, you can achieve anything you want, including wealth. Money, on the other hand, can't buy you time.”

Why time is very valuable? ›

Time is valuable because it is finite. Once time is gone, it can never be recovered. Therefore, it is important to use our time wisely and productively. Many people squander their time pursuing activities that seem initially pleasurable but have little to no long-term value.

Why is time the most valuable thing? ›

If time is running out, you can't add on more days, hours, minutes, or even seconds between now and the due date. Whether it's your personal life, the life of your business, or even the life of a nation, there is only one resource we can't get back; that resource is time.

What are the three main reasons for the time value of money? ›

This is called the time value of money. There are three reasons for the time value of money: inflation, risk and liquidity.

Can time make you happier than money? ›

eople who value time over money tend to be happier, according to multiple studies. And new research in the journal Science Advances shows that this is particularly true as a person leaves college, facing weighty career choices while perhaps saddled with debt.

What is a famous quote about money? ›

Dave Ramsey: “You must gain control over your money or the lack of it will forever control you.” Thomas Jefferson: “Never spend your money before you have it.” Suze Orman: “A big part of financial freedom is having your heart and mind free from worry about the what ifs of life.”

Who said time is more valuable than money? ›

Jim Rohn - Time is more value than money.

What is the biggest difference between money and time? ›

Time and money are both valuable resources, they differ in several key ways: Limited Quantity: Time is a finite resource, meaning there is a limited amount of it. Everyone has the same 24 hours in a day, and once that time is spent, it cannot be regained. Money, on the other hand, can be earned and spent repeatedly.

Do people value time more than money? ›

Nearly one-third feel comfortable taking on debt if it buys more free time or a memorable experience. Almost 40% of Americans say saving time is more important than saving money, and that figure rises to 52% for millennials, the survey showed.

What is the famous quote from about time? ›

I just try to live every day as if I've deliberately come back to this one day, to enjoy it, as if it was the full final day of my extraordinary, ordinary life.

Who said the famous quote Time is money? ›

The origin of the phrase: Time Is Money is an aphorism that originated in “Advice to a Young Tradesman”, an essay by Benjamin Franklin that appeared in George Fisher's 1748 book, The American Instructor: or Young Man's Best Companion, in which Franklin wrote, “Remember that time is money.”

Which philosopher said time is money? ›

The first person to use the phrase “Time is Money” was Benjamin Franklin in his book “Advice to a Young Tradesman, Written by an Old One”. The point that Benjamin Franklin was trying to make is that for every moment that you do not work, this will cost you money.

What is the quote about time value of money? ›

There's more to true wealth than just money -- much more.

Time is money, spend it wisely.

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