Have you ever considered what money can buy apart from the material goods that we always feel that we don’t have enough of? Be it a new bag, a new watch, wallet or even a new car! Money however, can buy us much more than that. They say “Money can’t buy everything”, but not having money promises that you cannot buy even more things! Some things although not tangible, can be bought with money, so do what you can accumulate money to enjoy these things!
Have you realised that most of the things you want to do or pursue comes with a price tag? Freedom to choose how you want to live, what you want to do, and even how you want to do something requires you to pay a price. Sometimes it’s in monetary terms, and sometimes it’s in some other form of price that you would have to pay.
Freedom comes at a price, discipline. Nobody likes to be caught in a situation where he/she is too broke to enjoy themselves, feeling poor and having an attitude of poverty hanging around you all the time. Realise that you can change that with the discipline of saving! It’s also the method that doesn’t require cash outflow, just plain old discipline.
Don’t save for the sake of saving, there’s always a reason why people save and you simply have to find yours. Is there an interest you wish to pursue but cannot afford? Or an item you want to buy but it seems so out of reach? Let that be your motivation to start saving, because if you don’t begin now, you never will be able to afford it, even years from now because you have not started at all!
2) Investment / Opportunity
You’ve been hearing about how important it is to invest, and know that you should invest, but have not started because you don’t have that capital to even begin with. Investing can be extremely rewarding, and it has and will continue to make many very wealth because of it. It all began when they had the money at the time the opportunity was presented to them to make that investment. It’s not too late, and it never will be. Start now so that when the next opportunity comes your way, you’ll be in the perfect position to take advantage of such an opportunity! Keep procrastinating and you’ll miss the next one, and the next one, and the next one. You get it, you’ll never be able to take advantage of that investment opportunity you’ve been waiting for.
Does a farmer begins planting his seeds only when he is caught in the rain? No! They always plant before the rain so that when the rain comes, his seeds are all well-planted and he can take full advantage of the rain and allow all his seeds to grow and flourish. So likewise, if you don’t start now, you may miss the opportunities that are coming your way!
If you haven’t already noticed, most people are trading their time for money. Only those who truly understand the value of time would trade their money for other people’s time to build their business. Think time as a finite resource, eventually you will run out of it. When you are able to buy other people’s time to do what you need to get done, the time that is yours then is then free for you to spend it however you like! Now, the key is to have an asset that will be able to consistently generate income to buy other people’s time. It could come in many forms: Stocks, Bonds, Business, etc. Find one that suits you and one that you enjoy doing.
If you don’t spend the time to create an asset to buy other peoples’ time, someone else will buy your time eventually, because they have what you need, money.
Far too often we place our emphasis for having money on getting ourselves material goods that we fail to realise that money can buy us much more. Freedom, Opportunity, Time, these are things that are intangible yet we aren’t actively working towards them. Rather, we save up for that watch or wallet or bag that end up as just another collection. Expand your mind and see what money can really buy you! It can buy you much more, if you are buying the right things with it.