Financial Friday: Time vs Money
FF: Time vs Money
What do you value more: your time or your money? How you answer that question will determine how you make your decisions. This will affect the qualify of your life as well as the condition of your finances. The answers may not be what you expect. We talk about how people trade their time for money, the different quadrants of how people make their money, and how to grow a business that is not dependent on you. We talk about how real estate is frequently labeled as passive income, but how it isn't passive like people talk about. We also discuss how many people are looking for the big windfall when taking the slow, boring, steady method can bring better and more consistent results. This episode is full of lessons that may surprise you, as a lot of people get the formulas backwards. Listen in to learn these lessons without having to make the same mistakes yourself!
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