Monday, March 17, 2008

Life Currency

When we are born, we only have one currency to barter, and that is Time. As we grow up, we barter time against knowledge, as well as increasing value of time for certain skills.

Compare someone who's been using the computer for 10 years, against someone who don't. If somebody were to offer RM5 per page typed of his hand-written manuscript, the dude who can do a 100 words-per-minute can earn a lot more as compared to the one-finger typist. That's easily a RM500 in 4 hours against RM20 in 4 hours. No kidding.

After we've so-called bartered our time against knowledge, with money which our parent's bartered their time with (or you barter your future money when you take study loan), we will start to barter time against tasks.

You apply for a job, and you say "Yo, Mr Employer sir, I'm offering you time. My skills will increase my value of time in your specific task, thus making your own money vs time invested more meaningful. So, sir, I believe my time to your task is RM25 per hour. Do you accept?" And Mr Employer, after evaluating and confirming that investing money in your time will earn him more money, will offer you the job.

That's life currency. Simple and sweet. We invest money in the bank, with time on our side and we don't do anything at all, we'll earn a measly sum back. By investing our time towards tasks needed by employers, we earn more. But if we invest time towards customers' needs, we'll barter their money (which they've exchanged for time) with our products that we sell. If you look at it from another angle, every single person in this world is trading time!

Sadly, we sometimes throw time away. This is very common in the middle of the month, where the mind is set on saying "Just two more weeks to my next pay check." We do not have unlimited time, and those who are not healthy have even less time to barter with, but still we want our only currency to waste away without trading it properly with quality. We mope at home, complain, bi*ch, etc.... throwing life currency away for absolutely no value.

I think it's time to re-evaluate the value of your life currency, and see how best to barter it with something you really need and want.

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