money

Money is how we transfer time and wealth. - Naval Ravikant

Analogy: Money is like Freedom points

Money can be seen as freedom points. We at times do things that we don't want to do to gain these points. Once you have enough freedom points you have the freedom to do what you want to do.

Once you gain substantial amount of freedom points the following becomes highly true:

  • Trading freedom points for time is a good trade.
  • Trading time for freedom points is a bad trade.

Be very careful trading time for money

Make sure money does not deviate you from your Goals

  • Have Clear Goals and make sure money does not deviate you from them.

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