The way we see time can be the major turning point we need in our life most people normally believe that they don't have time, We have so many people who are trying to speed up time, but at the end of the day, they do not achieve anything just because when they are trying to rush and speed off time, they do not build well, which ends up in gaining little or nothing down the line and which results into a waste of time.
We can easily relate this to finance because most people believe that they don't have enough time to invest or save money or even start a business and at the end of the day they end up doing nothing with their time and money which only results for them into waste of resources over the years and waste of their time and having been they put their money into good use and not thinking about whether they have time or not they could have a better result.
The greatest investor in history Warren Buffet understands the power of time
Warren Buffett's extensive experience in investing since the age of 7 has given him a deep understanding of the power of time. Despite this, many young people today are dismissive of investing or compounding their money due to a perceived having enough time, while others nearing retirement may feel it's too late to start. Unfortunately, this mindset often leads to missed opportunities that could have positively impacted their lives. Recognizing the importance of time in relation to finances is a crucial turning point for anyone looking to secure their financial future.
apart from the fact that you have to know when to buy or when to sell and also the kind of project you want to put your money into, saving money for more than 70 years or compounding it will make anybody a millionaire if not a billionaire but most people will not do this because it takes commitment to start something and also consistency to keep going. there are so many people who understand how finance works but are not committed to it, they are committed to enjoying life and doing some other activities instead of using the power of time.
It is never too late to start or too early to begin
I believe the main reason why most people can use the power of time is because they want an instant result, nobody is ready to build long term people that are young believe they need something now that they can use to enjoy their youth and people that are old believe they need something now that they can use to secure their old age. this is the main reason why we wasted years building what don’t last and end up with nothing at the end of the day. Not having enough time is an illusion that will only end in tears because it mostly results in waste of time and regret. We must learn to see time as our friends not the enemy.
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Thanks for your time.
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