A Universal Bank Account

12th October 2019

Dr Lennon’s Sunday Musings

Let’s pretend that you have a bank account that has exactly £1440 in it, no more and no less. You are allowed to draw as much as you want from this amount but there is one catch. It is that regardless of how much you draw out of it, the amount becomes ZERO at the end of the day. So it would make sense to draw out all of it (£1440) every day, wouldn’t it? It certainly wouldn’t make sense to leave any behind in the account at all for it will be forfeited at the end of the day.

We all are in possession of this special bank account. We each have 1440 minutes in a day, no more, no less. It does not matter if you are young or old, sick or healthy, rich or poor, male or female, happy or sad, we all have exactly the same bank account. So, as discussed in the above paragraph, if it were £1440, we would do our best to make sure that we extract every single penny out of it, right? Are we doing the same with our time?

We may have heard of the expression ‘Time is money’. Let’s consider it further… Is time really money? Are they the same thing? I think not. We can save money but we are not able to save time. A second gone is a second gone. We are not able to put seconds, minutes and hours into a bank account to be used later like we do with money. We can make money but we cannot make time. Time just occurs and passes. There is no technique or formula for making time like we have for making money. We can invest money (in a business, property, stocks, etc) to make more money but there is no investment for time to make more time.

With this in mind, it is obvious that time is not money. Time is way more valuable than money. If someone steals money from you, they can either the money or you can make more money to replace the money stolen. But when someone steals time from you, neither they nor you can ever replace it.

We should really consider how we use this extremely precious commodity. Are we investing it wisely to seek a return from it or are we wasting it to our habits that may not serve us. Are we living life purposefully or allowing life to live us? Do we think ‘I am who I choose to become’ or ‘I am what happened to me’?

Are we protecting our time as our most valuable asset or are we allowing others to abuse and waste it? When people steal (waste) your time, they are stealing something even more important than the most costly property you can ever own.

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