Passive Income – Stop Trading Time for Money

4 stars based on 39 reviews

How much is one hour of your time worth to you? And for most people, that conversion rate drastically overvalues money and undervalues time.

Time and money are very different. Money can be accumulated into massive piles and spent whenever you choose, but your stockpile of time is being depleted at a rate of one day per day. You can always make more money, but you can never get back time. So we should have a bias toward favoring trading time for money meaning over money. But the bias almost always goes the other way.

We are wired to believe trading time for money meaning amassing material possessions is the surest route to happiness, so we spend our time making money. We have a tendency to overfocus on quantifiables like paychecks and expenses, and underfocus on non-quantifiables like friendships and family. We guard against the loss of money, but not against the loss of time, as if the inevitability of time passing makes it worth less rather than more.

Your earning power will keep rising over time, and as you become more wealthy, each additional dollar will have less impact on your happiness. But you will have less and less time left. This means you should be aiming even further in the direction of valuing time over money.

So starting today, treat your time as more precious and your money as less precious. Redefine affluence to be based on time, not money. You deserve to have high self-esteem, and this should apply not just to your overall life but also to the minutes and hours that comprise it. Is your price high enough? Trading time for money meaning time for money only to have enough to live comfortably, to live longer, or to donate to worthwhile causes. You might spend most of your waking hours working at a job you dislike just to get by, and think this is the way it has to be.

If you follow this guide, choose to make money a priority, and are willing to work at it, you will have more money than you could ever need. Make others respect your time, and have little tolerance for those who keep you waiting.

Today's Activity What is the largest amount of money you would pay to be one year younger? Is the first number about times the second number? What is the smallest amount of money you would accept to be one year older? Are your answers about the same as for those in the earlier questions? What is the smallest amount of money after tax that you would accept to work for one trading time for money meaning, in a job you don't enjoy, which doesn't help you develop skills or move you in the direction of your dreams?

What is the most you would pay someone to do an hour of your errands that you don't enjoy? Get every new post delivered to trading time for money meaning Inbox. Please feel free to republish any single post in its entirety with a link to http:

Nifty future trading strategy

  • Trade broker commission split forms

    Mb trading fx reviews binary options xls

  • Cboe binary option vix system z10

    How do binary options robots work

Online broker comdirect

  • Washington stock trading option tutorial

    Review of binary options blueprint ebooks

  • Auto binary signals the #1 binary options trading solutions

    Option trading bin laden download

  • How to win binary options 0

    Binary options signals providers

Free no deposit bonus forex binary option november 2014

26 comments How to day trade futures online

Type of binary options account according to bonus offered

Looking for more freedom in your business and life? Just a few years ago you would have found me living my dream — I had a highly successful magazine, a glamorous office, an office of beautiful staff, a high profile and a chandelier in the office window.

However, what I forgot to include in my dream wish list was happiness. Fast forward five years and two babies later, I run two online businesses, work a few hours a day and get to spend loads of time with my husband and children. Through many ups and downs, I have finally found my version of success; happiness, time and income that flows into my account — even if I am sleeping.

I do however still run my global coaching practice where, yes, I do offer my time in trade for money — but this is because I LOVE to coach people to their own version of success. I am in client service mode one day of the week and I love nothing more than to coach them through their own up levelling in both income, time and mindset.

But let me ask you — do you know what your heart truly wants? For me, I had to move through many, many layers of conditioning, beliefs, societal conditioning of what success was to find what truly made me happy. For me that is creating beautiful experiences with my family. Of having daily peace. Seeing the joy in everything — good, bad, positive, negative.

It is travelling, it is having choice. Happiness, for me, is — and sorry to sound cliche — but the little things in life. Watching my kids sleep. Waking up to them jumping on the bed. Sitting on the deck watching the sun set with my husband by my side. Seeing the birds nest in the tree outside our window. Seeing others live a life on their terms. I grew up in a traditional Australian family — the parents go to work, they get paid by the hour and occasional someone tells you that you can go on a holiday.

You do that all your working life, saving as much money as you can so that you can retire. I have, at any one time, two or more businesses. My husband and I also have investments in a variety of areas — property, commodities and digital business and are now looking at crypto currency investing.

We are learning every day how important it is to invest and up skill in this area to create passive and residual wealth. We are no experts at all, but are determined to set ourselves — and our children — financially. If you are feeling an urge to move away from trading time for money, to live a live of freedom, creativity, travel and family, then I encourage you to do something different. Check out this free video series on how we got digitally savvy and created a life of freedom — this affiliate business is the way we transformed our lives.

With a swag of accolades, Genine is also an author, public speaker, had a radio show and television appearances. She is now dedicated to helping other female entrepreneurs live their most extraordinary lives teaching them how to clarify and speak their message, influencer-style branding and power mindset so they can build beautiful businesses which in turn, give back to the world in a positive way.

Your email address will not be published. Notify me of follow-up comments by email. Notify me of new posts by email. ICONIC EMPIRES is a boutique brand dedicated to empowering stylish female entrepreneurs have the desire, the confidence and the skills necessary to live out their own extraordinary life and build their business empires. Are you still trading your time for money? If you follow the likes of Robert Kiyosaki, author of Rich Dad, Poor Dad , you will know that they profess to having a passive income to become wealthy and get your freedom back.

Is it time you looked outside the box on how to live and work so you can stop trading time for money? Gone is the stress, the anxiety and the fear. Once I learned to tame that voice, my life changed forever. You name it, I have done it — from past life regression, NLP, Akashic Record readings to Reiki to EFT, I have tried and used many different modalities to shift past limiting beliefs and replace them with new empowering ones. This one I resisted for some time.

Landing pages, sales funnels, Facebook advertising …blah! But once I realised that the future IS digital, I got myself digitally savvy and up-skilled myself to become great at this skill. It transformed my business and allowed me to have global reach — even while I sleep.

Want to see how I did it? Check out this free video series HERE. This external noise comes in many forms and usually from those that are closest to us who may judge us for doing things differently. Take a look at the people closest to you — these are your immediate influencers. If they are still trading time for money, then perhaps it is time to listen to new influencers. I play by my own rules. This was probably the hardest part of my journey to date.

Want to stop trading time for money and create wealth? Then STOP thinking this way. Because once you do, there is never any going back. How To Become Financially Free. Is Your Business Scaleable and Saleable?

Leave a Reply Cancel reply Your email address will not be published. Get social and follow us on Instagram. Carla Coulson Change Makers. Yasmin Darwish Change Makers.