Mad_About_Money_final Mad About Money_Dec 2016 | Page 20

MadAbout

MadAbout

Money

Money

P
While growing up,
we all were lied
to. We were told
the misconception
that if we follow
the conventional
career path that
requires us to
work 50 hours per
week, then we
can get a stable
salary. In other
words, if we get to
office early, stay
till late, and even
come to office on
weekends, then
maybe our salary
will increase
one day.

Stop trading
time for money
and start trading
VALUE FOR
MONEY
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lus, if we work for
long hours, we
would be able to
save a sufficient amount
of money and retire at
the right age. However,
you must know that all
this is a fallacy. Who said
that we need to trade our
time to earn money? In
fact, it is one of the biggest hoaxes of society.

Why you
should stop
trading time
for money?
Time is really important
and no money can
replace our time. If you
believe that by trading
your time for money, you
can lead a happy life, then
let me tell you that you
are wrong. Have a look at
some of the reasons as to
why trading your time for
money is not good.
1.

You have limited
time
If you trade time for
money, your earning will
constantly be limited.
This is because each day
has only 24 hours that
you can devote to pursue
money. And, in these 24
hours, you need 2 hours
to travel to and from
work, 8 hours to sleep,
and 4 hours in total to
eat, cook, relax, tend to
hygiene, and spend time
with family and friends.
This means that you are
left with only 10 to 12
hours to trade for money
and that is it.

Spend your time wisely by
dividing it equally between
your work and personal life.

2.

Promotion is not
necessary
And, even when you
devote a lot of time
working, it is not
necessary that you will
get that promotion at
all. Maybe someone is
more deserving of that
promotion. This means
that you will wait for
years to obtain that job
promotion and at the end
you may not even get it.
3.

You will pay more
taxes
When your income
increases, you have to
pay more taxes on it,
which limits your income.
This means that the more
money you make, the
more you will lose it in
the form of taxes.
4.

No fun time or
contribution to
the society
When you constantly
trade your time for money
throughout your life, you
get limited time to pursue

the things that you love
to do, such as a hobby or
giving back to the society.
This means that you will
not be able to contribute
your share to the world.

How to trade
value for
money?
With all these reasons,
you can know that it
is high time that you
stop trading your time
for money. Instead,
you should get onto a
sustainable path in order
to spot trading your time
for money. Some of the
things that you can do to
trade value for money are:
Change your mindset
that you need to trade
your time to make money
Become an expert in
your field
Build your authority
around your expertise, so
that people can discover
your proficiency.
These are some of the
ways through which you
can trade value for money.

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