There are only five levels of income:
Level 1 - you work
Level 2 - your team works
Level 3 - your systems work
Level 4 - your product works
Level 5 - your money works
The obvious way to buy back your time is to pay someone to do something for you. Pay the mechanic to change your oil or a dry cleaner to press your suit.
The less obvious way to buy back your time is to say no. Passing on a promotion might "buy" you more time with family. Declining the dinner invite might "pay" for the time you need to exercise. We buy back our time not only with the money we spend, but also with the opportunities we decline.
The more clearly you know how you want to spend your days, the easier it becomes to say no to the requests that steal your hours.
I don’t want to be super rich. I just want to get to a point where I can regularly order Sushi and Indian food without checking the budget.
I think past that point money loses most of its utility.
8 STEPS TO FINANCIAL FREEDOM
1. Live below your means
2. Generate steady income
3. Save up for emergencies
4. Set aside 10%+ of income
5. Buy index funds each month
6. Add stocks for the long term
7. Make, save, and invest more
8. Eat well, sleep well
What did we miss?
Air India launches it's first non-stop flight from Hyderabad to Chicago(USA).
The first flight left Chicago at 9:30 pm (Local Time) on Jan 13 2021, and will arrive in Hyderabad at 12:40 am (Local Time) on Jan 15, 2021.