Summary

The article emphasizes the importance of valuing time over money and suggests that creating value through solving problems is the key to financial success.

Abstract

The article "Money- Building Something From Nothing" delves into the complex relationship between time, money, and personal freedom. It argues that the pursuit of money often overshadows the more precious resource of time. The author suggests that true financial satisfaction comes not from chasing money but from providing value by solving problems. The narrative encourages readers to shift their focus from the monetary gain to the value they can offer, asserting that this approach leads to greater rewards and a more fulfilling life. The article concludes by inviting readers to reflect on their priorities and consider the benefits of creating value as a means to financial independence.

Opinions

Money is often mistaken as the end goal, whereas it is the freedom and opportunities it provides that are truly valuable.
Time is a non-renewable resource and should be prioritized over the pursuit of money.
The traditional cycle of work, consume, and rest is questioned, with the author suggesting it may not be worth sacrificing life experiences for financial stability.
The concept of value creation is presented as the core principle for financial success, with the idea that solving problems and offering innovative ideas is more important than passion or hard work alone.
The author believes that society's focus should shift from the amount of money earned to the impact and value provided to others.
There is an acknowledgment that practicality and responsibilities often necessitate a focus on income, but the author encourages balancing this with personal dreams and aspirations.
The article advocates for a lifestyle where financial worries are minimized by becoming a problem-solver and a creator of value, which in turn leads to substantial rewards.

Money- Building Something From Nothing

How To Get More Money?

How many feel like money revolves around everything that we do? There is this never-ending cycle of trying to get more money and once we do get it, it slips away like water only for us to work harder to get more money.

We trade in time and energy and utilise our finite resources of time to acquire more money hoping that more money will give us the assurance that we need. But it rarely does.

Here is what you are actually looking for:

The house
The holidays
The good life

It was never about the money in itself, it was more about what money offered, which was the freedom to live life on your terms.

The question that bugs most people is “What dreams will I have to sacrifice so that I can get money just to survive day to day? “.

Here is a new way of looking at money:

Interestingly enough the main idea is to realise that our most valuable resource isn’t money, but its “time”.

We can always get more money, but we will never always get more time.

The common theme from most finance gurus has all come down to this question that I believe many people ask but are too afraid to answer themselves:

Is it really worth it to give up a chunk of your life working, coming home from work watching television, sleeping and repeating this endless cycle until you retire?

Probably not but we do it anyway. Why? Reality kicks in. We need to survive.

We may have to put our dreams aside because people depend on us and living for ourselves seems selfish.

Some people have no choice.

Some people are okay with it.

Some people do want to never worry about money. If so, what do you do?

Here is the secret:

Don’t chase money.

Chase problems, chase ideas, chase creativity.

Use that to find solutions to problems.

Life will reward you handsomely.

Here is the hard truth

No one cares about how passionate you are about your work, or how hard you work. At the end of the day, it boils down to whether someone is better off from having met you or not. The idea is value creation and exchange of that value.

Providing something in exchange for something else.

If you provide, “x” value you get $70,000 as compensation of value.

If you provide “y” value, you get $500,000 as a compensation of value.

Lastly, find what is in demand and provide value to that solution and you will be rewarded handsomely for it.

Really hope you enjoyed this article. If you would like to read more articles or articles similar to this, consider signing up for Medium.

Join Medium with my referral link - Marcus Tan

As a Medium member, a portion of your membership fee goes to writers you read, and you get full access to every story…

marcus-tan95.medium.com