Page 1 of 2 12 LastLast
Results 1 to 15 of 16

Thread: Name the asset

  1. #1
    Rude and Vile Master Greebo's Avatar
    Join Date
    May 2008
    Location
    Baltimore, Maryland
    Age
    43
    Posts
    8,243
    Post Thanks / WTG / Hug
    Rep Power
    71

    Default Name the asset

    Every one of us here has this asset.
    None of us know exactly how much of this asset we have.
    None of us will ever have more of this asset than we do now.

    What is it?
    If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.

    Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"


    Greebo
    (Nerd Spender): Loving and extremely patiently tolerated husband of ceashels.
    WARNING: Y Chromosome behind the keyboard. Adjust your listening filters appropriately!

    Three
    Two mortgages, two one no car loans, one no credit cards, and a partridge in pear tree!

  2. #2
    Registered User tervsforme's Avatar
    Join Date
    Dec 2005
    Location
    Ann Arbor, Michigan
    Posts
    2,844
    Post Thanks / WTG / Hug
    Rep Power
    25

    Default

    Hmmm, time?
    ~Kim~
    Mom to 2 dogs and 1 cat - Sere, Blue and Shadow

    2012 Fling Things - 275/2012

  3. #3
    Rude and Vile Master Greebo's Avatar
    Join Date
    May 2008
    Location
    Baltimore, Maryland
    Age
    43
    Posts
    8,243
    Post Thanks / WTG / Hug
    Rep Power
    71

    Default

    Got it in one!

    Now - when you think about your time in that manner - what does it make your time worth?
    If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.

    Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"


    Greebo
    (Nerd Spender): Loving and extremely patiently tolerated husband of ceashels.
    WARNING: Y Chromosome behind the keyboard. Adjust your listening filters appropriately!

    Three
    Two mortgages, two one no car loans, one no credit cards, and a partridge in pear tree!

  4. #4
    Registered User tervsforme's Avatar
    Join Date
    Dec 2005
    Location
    Ann Arbor, Michigan
    Posts
    2,844
    Post Thanks / WTG / Hug
    Rep Power
    25

    Default

    In my humble opinion, you can't put a value on time. I never seem to have enough of it though. I'm trying to manage my time better so that I can accomplish all that needs to be done on a daily, weekly, etc. and have some left over to do things that I enjoy as well. It's a constant struggle for me.
    ~Kim~
    Mom to 2 dogs and 1 cat - Sere, Blue and Shadow

    2012 Fling Things - 275/2012

  5. #5
    Rude and Vile Master Greebo's Avatar
    Join Date
    May 2008
    Location
    Baltimore, Maryland
    Age
    43
    Posts
    8,243
    Post Thanks / WTG / Hug
    Rep Power
    71

    Default

    Quote Originally Posted by tervsforme View Post
    In my humble opinion, you can't put a value on time.
    Pretty much every employer in the world disagrees. Since they are the employER, and not the employEE, I think that's something that bears thinking about.

    I never seem to have enough of it though. I'm trying to manage my time better so that I can accomplish all that needs to be done on a daily, weekly, etc. and have some left over to do things that I enjoy as well. It's a constant struggle for me.
    Not an uncommon struggle.

    A concept I've been thinking about lately is the idea that "time is money" - and how can I spend money to buy more time. By that I don't mean a longer life (though I keep watching the tech news for rejuvenation machines...) - but how can I put my money to use in ways that will mean I don't have to spend time doing what I don't want to do later?
    If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.

    Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"


    Greebo
    (Nerd Spender): Loving and extremely patiently tolerated husband of ceashels.
    WARNING: Y Chromosome behind the keyboard. Adjust your listening filters appropriately!

    Three
    Two mortgages, two one no car loans, one no credit cards, and a partridge in pear tree!

  6. #6
    Registered User
    Join Date
    Jun 2009
    Location
    Stuttgart, Germany
    Posts
    224
    Post Thanks / WTG / Hug
    Rep Power
    4

    Default

    Quote Originally Posted by Greebo View Post
    A concept I've been thinking about lately is the idea that "time is money" - and how can I spend money to buy more time. By that I don't mean a longer life (though I keep watching the tech news for rejuvenation machines...) - but how can I put my money to use in ways that will mean I don't have to spend time doing what I don't want to do later?
    Answer: Make your (expendable) money grow faster than your estimated time left is decreasing.

  7. #7
    Rude and Vile Master Greebo's Avatar
    Join Date
    May 2008
    Location
    Baltimore, Maryland
    Age
    43
    Posts
    8,243
    Post Thanks / WTG / Hug
    Rep Power
    71

    Default

    Quote Originally Posted by a.nonymous View Post
    Answer: Make your (expendable) money grow faster than your estimated time left is decreasing.
    That's a what, not a how.

    A GOOD what, but it's just a what.
    If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.

    Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"


    Greebo
    (Nerd Spender): Loving and extremely patiently tolerated husband of ceashels.
    WARNING: Y Chromosome behind the keyboard. Adjust your listening filters appropriately!

    Three
    Two mortgages, two one no car loans, one no credit cards, and a partridge in pear tree!

  8. #8
    Registered User tervsforme's Avatar
    Join Date
    Dec 2005
    Location
    Ann Arbor, Michigan
    Posts
    2,844
    Post Thanks / WTG / Hug
    Rep Power
    25

    Default

    Quote Originally Posted by Greebo View Post
    A concept I've been thinking about lately is the idea that "time is money" - and how can I spend money to buy more time. By that I don't mean a longer life (though I keep watching the tech news for rejuvenation machines...) - but how can I put my money to use in ways that will mean I don't have to spend time doing what I don't want to do later?
    As I posted on another thread, I work 5 hours of overtime a month so I don't have to spend 12 hours a month mowing my lawn, it gets done quicker and better than if i did it and I really don't like to do that anyway. It give me an additional 7 hours a month to do things that I want to do.
    ~Kim~
    Mom to 2 dogs and 1 cat - Sere, Blue and Shadow

    2012 Fling Things - 275/2012

  9. #9
    Rude and Vile Master Greebo's Avatar
    Join Date
    May 2008
    Location
    Baltimore, Maryland
    Age
    43
    Posts
    8,243
    Post Thanks / WTG / Hug
    Rep Power
    71

    Default

    Quote Originally Posted by tervsforme View Post
    As I posted on another thread, I work 5 hours of overtime a month so I don't have to spend 12 hours a month mowing my lawn, it gets done quicker and better than if i did it and I really don't like to do that anyway. It give me an additional 7 hours a month to do things that I want to do.
    I'm not knocking that - but it still means spending 5 more hours doing something I don't want to do in order to avoid 12 hours of something I don't want to do...

    I'm more looking for things I can spend X hours doing so I never have to do those X hours again...
    If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.

    Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"


    Greebo
    (Nerd Spender): Loving and extremely patiently tolerated husband of ceashels.
    WARNING: Y Chromosome behind the keyboard. Adjust your listening filters appropriately!

    Three
    Two mortgages, two one no car loans, one no credit cards, and a partridge in pear tree!

  10. #10
    Founder Sara Noel's Avatar
    Join Date
    Apr 2001
    Location
    Michigan
    Age
    42
    Posts
    18,922
    Post Thanks / WTG / Hug
    Blog Entries
    10
    Rep Power
    10

    Default

    Delegate and outsource tasks or invest for the future. Not sure what else there is.

    Or invest into a business that requires less time/energy than a typical job (passive income). For example, I don't know..self serve car wash or vending machines.

    [ame="http://www.amazon.com/4-Hour-Workweek-Escape-Live-Anywhere/dp/0307353133/ref=sr_1_2?ie=UTF8&s=books&qid=1252602296&sr=1-2"]Amazon.com: The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich (9780307353139): Timothy Ferriss: Books[/ame]
    If you'd like to help support Frugal Living by Sara Noel, my syndicated column, e-mail, write, or call the managing editor at your local newspaper and ask them to publish it in print or online. It's internationally syndicated through Universal Uclick. Thank you for supporting Frugal Village.

    Follow us on Twitter!


    Follow me on:
    Pinterest

    Become a Fan of Frugal Village on Facebook!


    Family blog: Sign Saga!


    “A monumental event can happen any day." --Peale
    "Leap and the net will appear.” --John Burroughs

    Would the child you once were be inspired by the adult you've become?

  11. #11
    Founder Sara Noel's Avatar
    Join Date
    Apr 2001
    Location
    Michigan
    Age
    42
    Posts
    18,922
    Post Thanks / WTG / Hug
    Blog Entries
    10
    Rep Power
    10

    Default

    or take care of your health, so you have higher potential for a longer life (more time).
    If you'd like to help support Frugal Living by Sara Noel, my syndicated column, e-mail, write, or call the managing editor at your local newspaper and ask them to publish it in print or online. It's internationally syndicated through Universal Uclick. Thank you for supporting Frugal Village.

    Follow us on Twitter!


    Follow me on:
    Pinterest

    Become a Fan of Frugal Village on Facebook!


    Family blog: Sign Saga!


    “A monumental event can happen any day." --Peale
    "Leap and the net will appear.” --John Burroughs

    Would the child you once were be inspired by the adult you've become?

  12. #12
    Rude and Vile Master Greebo's Avatar
    Join Date
    May 2008
    Location
    Baltimore, Maryland
    Age
    43
    Posts
    8,243
    Post Thanks / WTG / Hug
    Rep Power
    71

    Default

    Quote Originally Posted by Sara Noel View Post
    Or invest into a business that requires less time/energy than a typical job (passive income). For example, I don't know..self serve car wash or vending machines.
    That's what I'm doing. I didn't mean to give the impression that I was without answers - I was just trying to convey the kinds of things I'm thinking about and why.

    Quote Originally Posted by Sara Noel View Post
    or take care of your health, so you have higher potential for a longer life (more time).
    THat's always a good idea, but never a guarantee.
    If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.

    Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"


    Greebo
    (Nerd Spender): Loving and extremely patiently tolerated husband of ceashels.
    WARNING: Y Chromosome behind the keyboard. Adjust your listening filters appropriately!

    Three
    Two mortgages, two one no car loans, one no credit cards, and a partridge in pear tree!

  13. #13
    Founder Sara Noel's Avatar
    Join Date
    Apr 2001
    Location
    Michigan
    Age
    42
    Posts
    18,922
    Post Thanks / WTG / Hug
    Blog Entries
    10
    Rep Power
    10

    Default

    I was just tossing things out there. I wasn't sure if you wanted suggestions, comments for discussion or if it was another riddle. :p
    If you'd like to help support Frugal Living by Sara Noel, my syndicated column, e-mail, write, or call the managing editor at your local newspaper and ask them to publish it in print or online. It's internationally syndicated through Universal Uclick. Thank you for supporting Frugal Village.

    Follow us on Twitter!


    Follow me on:
    Pinterest

    Become a Fan of Frugal Village on Facebook!


    Family blog: Sign Saga!


    “A monumental event can happen any day." --Peale
    "Leap and the net will appear.” --John Burroughs

    Would the child you once were be inspired by the adult you've become?

  14. #14
    Rude and Vile Master Greebo's Avatar
    Join Date
    May 2008
    Location
    Baltimore, Maryland
    Age
    43
    Posts
    8,243
    Post Thanks / WTG / Hug
    Rep Power
    71

    Default

    Stream of consciousness posting I think...
    If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.

    Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"


    Greebo
    (Nerd Spender): Loving and extremely patiently tolerated husband of ceashels.
    WARNING: Y Chromosome behind the keyboard. Adjust your listening filters appropriately!

    Three
    Two mortgages, two one no car loans, one no credit cards, and a partridge in pear tree!

  15. #15
    Founder Sara Noel's Avatar
    Join Date
    Apr 2001
    Location
    Michigan
    Age
    42
    Posts
    18,922
    Post Thanks / WTG / Hug
    Blog Entries
    10
    Rep Power
    10

    Default

    Me or you? LMAO I think both. haha Total lack of sleep over here.
    If you'd like to help support Frugal Living by Sara Noel, my syndicated column, e-mail, write, or call the managing editor at your local newspaper and ask them to publish it in print or online. It's internationally syndicated through Universal Uclick. Thank you for supporting Frugal Village.

    Follow us on Twitter!


    Follow me on:
    Pinterest

    Become a Fan of Frugal Village on Facebook!


    Family blog: Sign Saga!


    “A monumental event can happen any day." --Peale
    "Leap and the net will appear.” --John Burroughs

    Would the child you once were be inspired by the adult you've become?

Page 1 of 2 12 LastLast

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •