Valuing Time

More and more of my friends are becoming interested in the numbers game. They ask questions like: "What's the best interest rate you ever had?", "How much did you make last year?" and "What's the projection this year?"

First of all I do not have the power to foresee what's going to happen this year. Actually nobody can. The market is not a science. It is an art. How many times will an author need to post this in twitter so that followers can understand?

I feel frustrated every time questions like this arise. I was thinking, so are you only going to save money when some prophet told you to do so because it’s the greatest time to save and invest? Is it not a part of your life still?

For readers to understand here is an illustration.

We have here Saver A and Procrastinator B.

Age	Saver A	Procrastinator B
20	20000
21	20000
22	20000
23	20000
24	20000
25	100000	20000
26	112000	20000
27	125440	20000
28	140493	20000
29	157352	20000
30	176234	100000
31	197382	112000
32	221068	125440
33	247596	140493
34	277308	157352
35	310585	176234
36	347855	197382
37	389598	221068
38	436349	247596
39	488711	277308
40	547357	310585
41	613039	347855
42	686604	389598
43	768997	436349
44	861276	488711
45	964629	547357
46	1080385	613039
47	1210031	686604
48	1355235	768997
49	1517863	861276
50	1700006	964629
51	1904007	1080385
52	2132488	1210031
53	2388387	1355235
54	2674993	1517863
55	2995992	1700006
56	3355511	1904007
57	3758173	2132488
58	4209153	2388387
59	4714252	2674993
60	5279962	2995992

The illustration tells that while Saver A is diligently saving and investing for his future, Procrastinator B is waiting for his prophet to tell him to save and invest.

Five years later, the prophet came.

Notice that although they saved same amount each year for five years, the end result is different. Saver A ended up richer than Procrastinator B. This illustration easily translates the saying TIME IS GOLD.

Looking at our world right now, how many people are procrastinating? How many people are blinded by the glitz and glamour of life forgetting about saving and investing for their future?

I hope you are not one of them.

~Till then.