How Do You Trade Your Time?

All of us have the same 24 hours to spend everyday. Some of us trade 8-12 of those hours working for wages. I don't think that's wise for several reasons:

• You get paid only 1 time for your efforts
• Working for wages doesn't afford you any extra time to do what you enjoy.
• You are paid with currency which loses value over time. Currency is not real money.
• If for any reason you can't work, you don't get paid
• There is a limit to your hourly value, and that limit is generally determined by someone else.

Instead, trade as much of your time as you can building assets. Here's why I think that's wise:

• You get paid over and over again for your efforts
• The more assets you build the more time you will have to do what you enjoy.
• Assets continually throw off cash over time. You may spend that cash immediately, or use it to acquire more assets.
• Whether you work or not, assets will continue to work on your behalf.
• Assets leverage your hourly value, and that value will grow over time. You determine how high.

And that, in a nutshell is why assets will make you wealthy, while wages never will.