— Leo Tolstoy
We meant to save for our retirement… We meant to stop eating so much… We meant to spend more time with our parents when they were still alive, or more time with our children when they were still little.
But we didn’t have enough time. We ran out of it.
It’s always time, not money. The richest person in the world runs out of time, just like we do.
We meant to say something to someone we cared about… but time got away from us.
We would have… we should have… we could have… But each time, we ran out of time.
Time is what gets us all. We run out of it. Everyone is running out of time. And it can’t be stretched. It can’t be printed. It can’t be saved up, stitched up, or revved up.
It waits for nobody and no thing. And all we are left with are regrets.
We wish we had used our time better. We wish we had begun saving for our retirement earlier. We wish we had taken the time to learn Spanish or how to play the piano…”— Bill Bonner
— Julia Guth
…there’s more to a genuine sense of wealth than just working, saving, and investing. For one thing, we have to define what “being rich” actually means to us. Then, no matter how much financial success we enjoy, we have to learn how to spend not just our money but also our two most precious commodities: our time and attention.”
— Yuval Noah Harari from book “21 Lessons for the 21st century”
In a world deluged with irrelevant information, clarity is power. In theory, anybody can join the debate about the future of humanity, but it is so hard to maintain clear vision. We might not even notice the debate going on, or what the key questions are. Most of us can’t afford the luxury of investigating, because we have more pressing things to do: we have to go to work, take care of the kids, or look after elderly parents. Unfortunately, history does not give discounts. If the future of humanity is decided in your absence, because you are too busy feeding and clothing your kids, you and they will not be exempt from the consequences. This is unfair; but who said history was fair?”
— Seneca from “Letters from a Stoic.” P. 4
What man can you show me who places any value on his time, who reckons the worth of each day, who understands that he is dying daily? For we are mistaken when we look forward to death; the major portion of death has already passed. Whatever years behind us are in death’s hands. …
Nothing is ours except time. We were entrusted by nature with ownership of this single thing, so fleeting and slippery that anyone who will can oust us from possession. What fools the mortals be! They allow the cheapest and most useless things, which can easily be replaced, to be charged in the reckoning, after they have acquired them; but they never regard themselves as in debt when they have received some of that precious commodity, – time! And yet time is the one loan which even a grateful recipient cannot repay.”
— Author Unkown
Imagine there is a bank that credits your account each morning with $86,400, carries over no balance from day to day, allows you to keep no cash balance, and every evening cancels whatever part of the amount you had failed to use during the day.
What would you do?
Draw out every cent, of course!
Well, everyone has such a bank. Its name is time. Every morning, it credits you with 86,400 seconds.
Every night it writes off, as lost, whatever of this you have failed to invest to good purpose.
It carries over no balance. It allows no overdraft.
Each day it opens a new account for you.
Each night it burns the records of the day.
If you fail to use the day’s deposits, the loss is yours.
There is no going back. There is no drawing against tomorrow.
You must live in the present on today’s deposits.
Invest it so as to get from it the utmost in health, happiness and success.”