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Lifestyle = Time + Money?
What am I talking about? Have I lost my marbles?
In fact if this is something new to you then get prepared to view life in a whole new way...
Lifestyle
What is lifestyle? Rather than bore you with dictionary definitions I am going to give you my own run down.
Lifestyle is the way you live your life, it is a reflection of everything that you own, the way you spend your time, the people you associate with, you hobbies, habits and income.
Good lifestyle would mean plenty of what you like AND the time to enjoy all your toys.
So the secret formula is Lifestyle = Time + Money
You need both money and time to enjoy your life and create a good lifestyle.
Money
Money is great. It buys you the things you want, lets you travel the world, relieves stress, it is other peoples show of appreciation for what you do - in modern society, like it or not, it is a reflection of your worth to society.
What good is it having tons of money but you are working 80 hours a week? You'll end up with a heart attack, kids that do not know you and regrets at the end of your life - on their death bed no one says "Gee, I wish I had worked more".
Time
So time is also an essential ingredient in having a good life(style).
But again what good is time without the money to enjoy it - look at homeless people - all the time in the world, yet nothing to do as they cannot afford to do anything.
Again not an ideal lifestyle.
So the secret is to make sure you have both time and money to fully enjoy your life.
How To Get Time And Money
This is the interesting part.
Most people take their time and sell it by the hour for a set number of hours per week, this is also called a paycheck.
The problem with this is that you can only sell so many of your personal man-hours in a week.
The other problem with this is that even if you manage to climb up and earn $100/hr you still have to go to work. You HAVE to. ie You are not free to make the decision. You stop turning up at work and sooner or later (usually sooner) the paychecks stop coming.
Hey! Guess what?
Welcome to being a wage slave.
You are forced to go to work whether you want to or not, sure you can take a few sick days and a small amount of leave at the end of the year but overall you are contracted to turn up and if you don't the bank, the credit card companies and your wife get really mad.
What you need to do is find a way to LEVERAGE your time to make your man-hours more productive. You can do this by starting a business and using other peoples man-hours (time), you can build a residual income (book royalties, song royalties, internet business, housing rent, etc).
You need to put your money and knowledge to work for you so that you don't have to.
To gain a good lifestyle you need to work a way where you have both plenty of money to enjoy life and plenty of time to enjoy your life.
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