Have you ever thought about the phrase "time is money"? Interesting concept because if that were literally true, then we'd be born millionaires and poor old people. Well, that is clearly not the case.
So what does it mean? One lesson I've learned that relates to this saying is that the sooner you get a good idea out then the more chance of good things happening. In essence, getting a jump on the situation by reacting quicker. For example, doing research on a problem helps me find a solution faster and stop a problem from getting out of hand. Also, moving quickly on an opportunity, like in the stock market, can help to increase your reward.
Another way of looking at the phrase "time is money" is to consider what an activity is costing you in man hours. For example, if you are at a store and are thinking of buying a $100 shirt, think about how long it would take you to earn $100 and then consider if the shirt is worth it.
Time is money, so choose wisely how you spend your time.
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