Time Creates Assets or Liabilities


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Time, depending on how you use it, can be your greatest asset or greatest liability.

Self-made millionaire turn time into their greatest asset by continuously investing their time. They invest their time by daily educational reading. They invest time by constantly meeting with or communicating with certain Rich Relationships. They invest their time through Deliberate and Analytical Practice, in order to become Virtuoso’s at what they do.

Those who Invest their time, create assets that generate future benefits, typically in the form of multiple streams of income. Those income streams take many years of sacrifice to create. But self-made millionaires are willing to make the sacrifice, in the hopes their income stream assets will produce an abundance of cash flow well into their retirement years.

Those who Spend their time are not interested in sacrificing their today time in exchange for future benefits. Their hedonistic approach to life is intentional and regretted only when they are older and wallowing in poverty, dependent on their children or friends.

When you invest your time in the hopes of a better future, that investment becomes an asset that pays dividends until you die.

Investing your time is a Rich Habit. Any investment you make should pay dividends down the road in the form of happiness events, financially security, a legacy or adding value to the lives of others.

When you see time as the greatest risk of all, it will force you to become more aware of exactly how you use the limited time you have.

Invest it wisely today, because you will never get it back.

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Thomas C. Corley About Thomas C. Corley

Tom Corley is a bestselling author, speaker, and media contributor for Business Insider, CNBC and a few other national media outlets.

His Rich Habits research has been read, viewed or heard by over 50 million people in 25 countries around the world.

Besides being an author, Tom is also a CPA, CFP, holds a master’s degree in taxation and is President of Cerefice and Company, a CPA firm in New Jersey.
Phone Number: 732-382-3800 Ext. 103.
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