I believe that time is money and learning how to manage one’s time goes a long way. It can bring about a society in which people are responsible and good time managers on a macro scale. I believe that society should incorporate a culture in which children, are taught to manage their time not just in the learning environment, but in other areas of their lives outside of school. A person who can properly manage time implies one who can be trusted with responsibilities without compromising on the quality of the results expected. Suppose this is the culture that the community focuses on, then I think that one will find management of investments accessible because the individual understands the value of time.

There are two ways to use our time: investing and spending.

Time is a great factor that we have at our disposal. With time, we can do anything that we want and as such, time is a key factor to success. Therefore, it is very important that we are mindful of how we invest our time as this will determine who succeeds and who fails in life. In order to succeed, one should utilize his/her time wisely and should formulate a timetable that will help in time management. This will be in order to avoid wasting time, it can only be lost and can never be recovered. A larger portion of time should be dedicated to productive activities such as studying or working.

Investing is important for individuals to plan for their future. Financial security is the primary importance of investing. To a larger extent, it implies the act of letting money work on a person’s behalf. Furthermore, it is worth noting that engaging in any investment comes with challenges and benefits. Rewards attributable to investments include profits from investment returns.

Speculation is time, vitality, or matter spent in the trust of future advantages, completed inside of a predetermined date or time span. This article concerns interest in account. In funds, it is purchasing or making a benefit with the desire of capital gratefulness, profits (benefit), premium income, rents, or a mixture. This might be upheld by examination and investigation. Most or all types of venture include some type of danger. For example, interest in values, property, and altered interest securities are subject to swelling hazard. It is imperative to recognize and deal with the dangers identified with the venture.

Investing is a very long process. It is not a one day thing that someone wakes up and decides that he/she will invest or become an entrepreneur. It is actually a process that requires patience and dedication. In this way, time becomes a critical aspect. One has to spend time researching what he/she decides to invest in. This involves market research and getting as much information as possible about the business idea. Time spent on preparation is directly proportional to the success of the business and is a reflection of its potential growth.

Time and money are coherent factors;

Time creates value for money. A good entrepreneur spends money through investments such as shares and government bonds that earn interest. They are also the most important resources for people. Money is a resource necessary for production while time is the non-renewable resource which gives chance to production. The best way to invest these resources is to use them in a sparing manner while taking on opportunities whenever they arise. Money as a unit of production is scarce and when it comes to making investments, it should be used wisely. Every moment in time is precious and should be used for a worthy cause. Every single moment of time should be grabbed and exploited extensively.

Both time and money are parallel parameters that determine the success or failure of any business venture. Their impacts on business are directly proportional, which means the misuse of one of these directly affects the other. Before one engages a spending strategy, important considerations must be put in place to minimize wastage. Personally, I take as much time as possible to plan how I spend the money I make. On a large scale, spending is much easier than making money.