Time Is Your Most Valuable Asset

What is your most valuable asset? Your home? Your stock portfolio? Your business? I say it’s your time. With only 1,440 minutes per day, how we choose to spend our time and where we focus our attention deserves the same rigorous budgeting that managing money does, perhaps even more so. Money is a resource; there can always be more of it. But time is finite, and there is no getting back once it’s gone… or is there?

There’s a well-known quote by American author H. Jackson Brown that goes, “Don’t say you don’t have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michelangelo, Mother Teresa, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein.”

But I want to challenge the notion that we all have the same amount of time each day. Think about it like this: I doubt Michelangelo had to mow his yard. I bet Thomas Jefferson didn’t spend much time in traffic. And when Einstein showed up to the restaurant, they probably made a table available for him.

My point is this: though time is finite, it can still be bought and sold. Millions of Americans sell their time every day, usually in the form of an hourly job. Quite literally, they are paid to sell their time and talents. Likewise, time can and should be bought, whenever available. I pay someone to clean my house, not because I don’t know how to clean, but because I get to spend time with my family instead of dusting and vacuuming.

This fact was understood by those listed above. Anytime spent away from their unique pursuits was wasted. You don’t have to be wealthy to buy time. You don’t need to hire a staff of assistants to pick up your groceries, do the laundry, and tend to the garden. But what little changes can you make to buy some time?

1. Avoid social media

These platforms are valuable for staying connected to a point. Be careful how often you engage.

2. Consider your commute

Denver traffic is stressful! With modern technology, working remotely is the new normal. Is this something you can consider?

3. Mommy carpool

It takes a village. Sports schedules can get overwhelming. Rely on help from those you know and trust to help shuttle the kids around.

4. Outsource what you can

Hate doing your own taxes? Hire a professional. The money is worth the lower stress level.

Time is your most valuable asset. And though time is technically finite, there are ways to improve how you spend your time. Take a look at how and where yours is spent and remember, money is a small price to pay for time with our loved ones.

Nelisha Firestone
Author: Nelisha Firestone
Nelisha Firestone is a Wealth Advisor with Fusion Financial Group, an independent financial planning firm and fiduciary based in Denver, CO. With over 16 years of experience, Nelisha is passionate about guiding women to live their best lives by crafting their road map to financial independence. Her drive to help women comes from watching her grandmother, who was widowed at the age of 49, struggle financially after her husband died. Nelisha recognizes that if her grandmother had someone in her life to offer her sound financial advice, she would have lived a much better life. That’s why Nelisha specializes in serving business owners interested in exiting their business and single women with comprehensive financial planning and wealth management services. She recognizes that women have unique challenges, and she partners with her clients by educating and empowering them to make the best financial decisions possible. Nelisha has a bachelor’s degree from Kansas State University and is married to a Colorado native. Nelisha and her husband have two beautiful daughters, Addison and Eden, and love to spend time in the great outdoors hiking, skiing, and camping—to name a few! To learn more about Nelisha, connect with her on LinkedIn.