When narrowing it down to what’s important, what is your greatest asset in life? It may be easy to identify, but it’s not what a lot of people value these days.
Your best asset is not real estate, gold, or even artwork. We can say it’s your mind (which is true), but what’s even more important? Your greatest asset today is time and how you use it each day.
Time is likely the most important asset because it’s one thing you can never get back. How you use it now and in the future can determine what kind of life you’ll have.
UPDATED: DECEMBER 14, 2022
Let me go over the importance of time and how we can leverage it to our abilities.
- Time Wasted On Passive Activities
- Time Not Valued As Other Things
- Successful People Value Time The Most
- My Thoughts
- Some Questions To Consider
What is your greatest asset in life?
Your most important asset today is time. How you use your time will determine what you can get the most out of life, and you can never get it back.
Time wasted on passive activities
These days, people take their time for granted. In other words, they use it to be lazy or do things that don’t matter much in life.
For example, rather than learning a new skill or working on a side hustle, people may watch Netflix three to four hours a night. If you stuck to Netflix every night, think about how much time is being burned away.
We’re talking 18 or more hours a week, which could have gone to doing something productive. For people like me, that’s a valuable time to work on mastering a specialized skill.
William Penn, the founder of the Province Of Pennsylvania, once said a great quote about time in general: “Time is what we want most, but what we use worst.” Nothing could be further from the truth.
Time not valued as other things
If people had the choice between time and money, a lot of them would pick money. We all need to make money, but we can make as much as we want.
That’s the difference between time and money. You can’t make up time, but you can lose money and make more if you desire.
Time is a non-renewable resource. Once you use it, you can’t get it back. But with money, it doesn’t work that way. It’s why it’s important to be mindful of your time.
Time is what we want most, but what we use worst. Nothing could be further from the truth.William Penn (Founder of the Province Of Pennsylvania)
Successful people value time the most
Some of the most successful individuals today make great use of their time. People like Jeff Bezos, Jack Dorsey, and Bill Gates have methods they each use to manage their daily routines.
All of them understand the importance of time because it’s something you can never get back. You have to make the most out of before kicking off your day.
What is your asset in life?
Your best asset in life is your time. Learning how to use your time wisely can determine the best outlook for your life ahead.
Before, I needed to understand how to manage my time well. I took things for granted each day, and once the time was up, I had to move on to something else.
Today, I have some regrets over how I could have used my time better. If I had thought the same way eight years ago as I do today, I would be in a much better situation in life.
However, the past is behind me and I need to move forward. I’ve learned my lessons, and I’m going to do the best I can to be in the position I want to be in someday.
Time is something I care about more these days. How I use it is more meaningful than it was several years ago.
Relevant article from notimekillers.com
Read next on “5 reasons to consider time as an important resource”, and understand why time is very under appreciated. When in fact, time can be an excellent resource to leverage in your life.
Some questions to consider
- What is an important asset in your life right now?
- Do you think time is an asset to help you improve the quality of your life?
- How can you use your time differently than you did in the past?
- What will it take for you to get more time back in your days?
A lot of people believe their greatest asset falls into the money category. But it actually falls more into the mindset, which is true.
When it comes to your greatest asset in life, it understands how to use your time wisely. Unfortunately, not a lot of people appreciate that meaning.
However you choose to use your time is up to you, But remember: When your time is gone, you cannot get any of it back. So choose it wisely.
Your Turn: Do you think of time as your best asset?
I would get your thoughts on this topic. Do you think time is a valuable asset to utilize?
Do you struggle with time management yourself? How can you use it better to make the most out of your days?
Feel free to share your thoughts by leaving a comment below. I look forward to reading your responses, and I’ll gladly respond promptly.
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Eric is the owner and chief editor of notimekillers.com. He takes great pride in helping people manage their time and grow their businesses. Eric is a firm believer in financial and time freedom, as he believes in financial independence and taking ownership of your time. “Time is your most important asset. It can be your best friend or worst enemy. How you use your time can shape the future you desire to have.” In his leisure time, Eric loves to write and read whenever possible. He enjoys going for long walks outdoors while doing in-home workout videos every week. You can also connect with Eric via LinkedIn.