Post
Topic
Board Economics
Re: The Ultimate Scarcity
by
Fortify
on 23/07/2025, 19:06:57 UTC
The most important and valuable resource in the world is time. It is limited and non-refundable. You can never take back the time you lost. Time spent productively is valuable. Every second, every minute, every hour dedicated to something that could improve your status whether that is physically, mentally or financially... expect something good to come out of something you made time for. You have to choose wisely where to spend your time because making this choice, you will be trading an opportunity for another. If you decided to spend this time lounging around instead of dedicating your time to improving yourself then you are losing the chance to be a better version of yourself.

Time spent on a specific work will or should result in a good or decent amount of money in exchange.

It's the balancing act that every single person traverses in life - how to earn as much as possible while having a fulfilling life. I think that some people tip the scale too hard towards frugality, hoarding up their funds until they are in old age and struggle to do many of the exciting things that they planned to do. Others overspend so much they get deep into debt, they may benefit from lots of little happiness inducing perks like takeaways or fancy clothes, but ultimately end up being unable to retire at a reasonable age because they have nothing to sustain them. I find that being clever with money, trying to get all the bargains you can but spending freely on experiences is the best way - with minimal amounts spent on the materialistic rubbish that is bombarding us every day.