Don't Trade One More Second Until...
This is making your life much harder
(Listen to audio version of me reading👆)
The 3 factors you MUST know to understand money and wealth.
Wealth is your economic time and energy.
We measure our wealth in time.
Money is the container for which we store that time and energy.
Not knowing these simple things makes our lives much harder as evidenced by people all at each others throats.
I have all the evidence I need, look around the world and then look at the wealth inequality gap and the currency printing…
Wouldn’t it be prudent to ask why we do not teach basic money principles in schools?
Why don’t we teach anything of real world value pertaining to money?
Why don’t we teach about the brain and personal development; the science of success?
We constantly challenge the status quo here and group think, that is our job and I believe our duty as humans.
We are not animals, we are God’s highest form of creation.
Why is that many of us acknowledge problems like going to school; to memorize, to comply, and follow orders for decades, and one seemingly no one wants to do a thing about it.
We just go on with our lives whistling by the graveyard and then we look up one day only to ask ourselves why the country is burning itself down, or why we having nothing in our bank account, or why our leaders constantly sell us down the river or board us up in our homes?
As long as we have that football game on or that Netflix show we can binge on we will be A-OK, right?
Think of al the human creation and invention that has been lost due to apathy indifference.
Wealth is your economic time and energy.
We trade finite time of our life to go to work away from our families.
We hope to trade it for something of equal value.
Most people accept pieces of paper, or claim checks (IOU), for that time and energy spent away from loved ones.
Time you can never get back or get more of.
Most trade it for something infinite; pieces of paper or digits in a computer.
That would be like having the only Babe Ruth rookie card and then Topps calling you and saying, “hey, we are going to print a trillion more.”
You would lose your mind. You just lost all the value of your card.
This is what happens to the pieces of paper we hold.
Dollars get devalued to the point where it has lost 95-99% of purchasing power in the past 100+ years since the Federal Reserve started.
We measure our wealth in time.
As Robert Kiyosaki says, “your wealth is how many days you can last with no income.”
Pieces of paper mean nothing as we know.
That is a derivative, it is not primary assets or primary wealth.
Your wealth is measured in time because you could make $10M a year but if you spend $11M you are underwater.
How long can you last if your earned income stops?
This is your TRUE wealth.
If you have $100,000 saved but you spend $5,000/mo with no income coming in, you have 20 months of wealth.
You will survive 20 months with no change in lifestyle.
If you have passive income and it is $6,000/mo coming from your assets and your expenses are $5,000/mo then you have a positive cashflow of $1,000.
You can last in perpetuity with no earned income coming in.
Money is the container for which we store that time and energy.
If you have a fiat currency, it is leaking and through that container through inflation.
If you have a finite container like bitcoin, then your monetary premiums or wealth is never leaking out.
Money should not be something that is moving all over and leaking your wealth.
Holding your wealth is the ONLY thing it should be doing.
Transferring value across time and space.
Fiat currencies - value through space, but not time.
Gold/silver - value through time, but not space.
Bitcoin - value through time AND space.
Make the only fair trade which is trading your finite time and energy for a finite asset.
Why trade your finite time for infinite pieces of paper or blades of grass?
Stay strong,