Would you say time equals money?

Time is money…..any professional will tell you that.

That is indeed a flawed way of thinking…because it reduces the importance of one’s Life to make it focus primarily on the material/physical aspect, from which it derives it’s purpose for it’s existence.

Back in the day, when what we had was time, a lot of it could be spent making something that didn’t necessarily have vale beyond its beauty or usefulness. But once we started monetizing Time, it’s as though we are compelled to count the pennies that could be made each minute, feel guilty if we’re not monetarily productive for each of them, and even change our definition about what, in fact, is a waste of time. We’re optimizing for different things than we used to.

I also think that people have confused “money” with “wealth” for a long enough time that people think they mean the same thing. Money can possibly buy wealth, or act as a means to more easily transfer wealth between entities, but money itself is not wealth. Money (one measurement of potential wealth) has become king, such that we sacrifice what might be real wealth in the pursuit of it, including time.

Very flawed indeed.

Time and self-determination equals well-being.

It is only said by those who put a price on everything and a value on nothing.

Time can equal money. My husband has his own business. There are jobs he could do round here but that would take him hours to complete. Those same hours could be spent working in his business and earning money, more money than it would cost him to have someone else do the jobs here. So for him, his time is worth money. If he spends his time away from his business, he is not earning. It has nothing to do with his personal values. It is simple economics.

Interestingly, it is the great anti-capitalist Karl Marx, who might have most agreed with the statement. According to his labor theory of the value, the worth of something derived from the amount of labor-time that goes into its manufacture.

Money is power. Power, in quantity, can affect anything.

Time is only money if you grossly undervalue time.

Tell me how much your last minute of life is worth to you, and I’ll tell you all minutes are the same.

@Nullo – I disagree that money is power. The wealth that money can buy, now that’s power. Money only has as much power as people are willing to accord to it.

Example: Ten economists, each with a million dollars in cash, are stranded on a desert island. Which one of them has power? I’m guessing the one with knowledge about how to build shelter, harvest coconuts and fish, etc. – the million dollars makes no difference at that point, except perhaps as kindling.

That illustrates my point about money not being the same thing as wealth. On the island, knowledge is wealth and power. And even time, which isn’t worth any money there, is plentiful. ;)

It’s flawed to in the sense that time equals money, the idea that you work hours in order to make a certain wage. I’ve learned the best way is instead of trading time for money, trade money for money. Investment is the way to go.

Flawed or not, it is the law. I am required to only bill clients for the time I spent on their project.

Unless you are talking about the time dedicated to work, it is totally false.

The Federal Government is running out of time, in order to balance or repair the federal budget. This is a good example to answer your question.

In this case, if the Feds do not increase the federal debt ceiling, then federal money owed to the people in Soc. Security and Medicare could lose money.

Time is money lost.

Definitely not. Unless you have the skills to spend that time doing something that someone will pay you for, time is worthless (from a monetary perspective).

So considering how much time I spend on Fluther…somebody owes me a butt load of CASH!

Ben Franklin said this:

Dost thou value life? Then value time, for that’s the stuff life’s made of.

Time has way more value than money. You can always make more money but time cannot be regained.

It’s just an expression to illustrate that productivety requires time and energy. But time is time and money is money. They do not equal each other. Like @woodcutter says. You can always make more money, but when time is gone, it is gone for eternity.