Thursday, April 13, 2006
Time And Money
Because I haven't been given permission to use the names of the people affiliated with this story, I'm going to just tell the story and substitute some names instead. What I can tell you is that this is not a fourth-party story. I know the gentlemen involved personally and it wasn't a "brother's-cousin's-sister's-friend's-dog's-old Aunt Nancy" thing.
John and Ed are both involved in the opportunity and ended up awake late one night, talking to John's uncle. John's Uncle, who was 57, was already a successful businessman, owning boat companies and such, consistently keeping his nose to the grindstone. He related his story to John and Ed, telling them about the fact that he loved his wife so much that his plan had been to work 12 hour days, six and sometimes seven days a week so that he could amass enough of a nest egg, so that at 55 he and his bride could live out the next 25-30 years in style. Going where they want, doing what they want with no financial worries.
Then the Uncle paused and said, "the only problem is that she passed when I was 54." He followed by saying, "there are only two words to describe all the effort I put out - wasted time." He told Ed that if he had an opportunity to create time and money for himself, that he needed to take advantage of it now and as quickly as possible.
I don't know what most of you do for a living, but if there is any worthwhile advice that can be given, it's to find something that will help you create more passive income. Money isn't everything, but neither is being broke. The income is necessary to be able to live the way you want to live, but if you're just trying to accomplish it working 40 hours plus overtime for another person - it isn't going to happen.
John and Ed are both involved in the opportunity and ended up awake late one night, talking to John's uncle. John's Uncle, who was 57, was already a successful businessman, owning boat companies and such, consistently keeping his nose to the grindstone. He related his story to John and Ed, telling them about the fact that he loved his wife so much that his plan had been to work 12 hour days, six and sometimes seven days a week so that he could amass enough of a nest egg, so that at 55 he and his bride could live out the next 25-30 years in style. Going where they want, doing what they want with no financial worries.
Then the Uncle paused and said, "the only problem is that she passed when I was 54." He followed by saying, "there are only two words to describe all the effort I put out - wasted time." He told Ed that if he had an opportunity to create time and money for himself, that he needed to take advantage of it now and as quickly as possible.
I don't know what most of you do for a living, but if there is any worthwhile advice that can be given, it's to find something that will help you create more passive income. Money isn't everything, but neither is being broke. The income is necessary to be able to live the way you want to live, but if you're just trying to accomplish it working 40 hours plus overtime for another person - it isn't going to happen.
