"Everyone has the same 24 hours" is a lie
"Everyone has the same 24 hours" is a lie.
Some people use money to buy time:
- Fly or Uber instead of driving
- Autopay all bills
- Buy a fast computer & internet
- Pay for services (mowing, housekeeping, delivery, restaurants)
Great news: As technology progresses, buying time keeps getting cheaper.
It wasn't that long ago we had to:
- Wash clothes by hand
- Ride a horse to travel
- Send messages via letter
Today, a washing machine, car, and email are broadly attainable luxuries that buy us time.
As technology progresses, those who can afford to buy more time will continue to have an advantage.
That's why living beneath your means is a strategic advantage. Doing so allows you to buy time. That free time can be used to add more value for others.
A virtuous cycle.