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Saturday, October 3, 2009
The price of anything is the amount of life you exchange for it.
- Henry David Thoreau
What is money? Money is a representation of the number of hours you worked to earn it. So money represents a quantity of your life. But the effort you expend is not always represented by money. For example, time you spend doing yard work or housework, or time you spend helping someone else.
So, as Thoreau points out, the price of anything can best be measured in the amount of life you exchange for it, both because that metric includes effort for which money is not exchanged, and because it is a more intuitive and visual measure.
Now, consider whether you are receiving good value for the amount of life you are exchanging.
*** Book of the day: The Last Lecture
Further reading: Joy is a Choice - but Not an Easy Choice
Be Happy Dont Worry Quotes - Stop Worrying and Be Happy
A Story of Money
Do You Own Your Money and Stuff Or Do They Own You? - Take This Quiz to Find Out