How much time do you need to earn $ 100 dollars
How much time do people spend to earn their money? For days I have been asking myself this question. Because several things have made me think about this topic. I'm going to tell you which ones.
For example, I have a friend who has an official job. But, in addition, it does occasional work for another company. The two companies pay the same salary. For working for a month.
The funny thing is that a company works full time. That is, five days a week. During business hours. Instead, for the other company he works much less time. And he receives the same salary.
In other words, the company for which you do occasional work pays you better. Because he gives money for the work delivered. While the other gives the same amount. But it forces him to work for five days a week.
To Win As Footballers
Another fact that made me think about this issue is the salary of the players. Because they earn astronomical figures. But they gain more relevance if we analyze them in comparison to their expenses. Or ours.
For example, a few days ago I read that an average Real Madrid footballer earns in almost three hours or 180 minutes what is necessary to buy a house! As you see it. You don't even need to work a week or a month.
Instead, most people work decades to achieve the same purpose. Let's do the calculation. An average person may need 20 years to pay for a house. That gives us a total of 10,512,000 minutes
It seems absurd, but it's real. Some take a life to build their wealth. Others, whether for their work, skills, investments or experience do so in a single day. Or in two weeks, as with the players.
Relationship Between Earning And Spending
But there is another point that we must take into account here. And it's the way we spend our money. Because, obviously, that also depends on what the money can last, whether little or a lot.
Let's keep talking about soccer players. They need to play three hours to buy a house, right? But they won't buy any house. Surely, they are going to buy a mansion or a luxurious apartment.
Instead, an average person needs 20 years to buy a house. But most likely, you acquire something more modest. Or smaller. Or a little less luxurious, although comfortable.
What I want to tell you is that everyone, in this case, is spending according to what they earn. And that's fine. Because it would be a mistake for those who need 20 years to pay for a house, opt for the most expensive.
Win And Be Productive
The issue of money and the time you spend earning it also has to do with productivity. In fact, there are studies that prove something. And it is that people who go to the office are not productive one hundred percent of the time they are in it.
On the contrary, for telling you something, of eight hours that lasts the working day, people are only productive four. The worst part is that many companies have not taken these indicators into account.
Others, however, let their employees leave earlier. Or give them a free afternoon a week. Because they already understood that there is no reason to put their employees to "warm up the position."
But it is better that they work. And they understood that you have to value those who spend their time better doing their homework. Because these people really are productive. Because they know how to invest their time well.
The Best Strategy to Earn Money
When I think of all the examples I have just told you, I am more convinced to invest in the Stock Exchange. But I don't tell you just to promote what I do. But because I have checked the real effects.
I, for example, do not spend more than two hours investing in the stock market. From Monday to Friday. There may be days when I don't even do many operations. But I concentrate on one.
And in that short period of time I earn a lot. Much more than you could earn working for a company, a whole year! That is to say that I am giving more value to my time. Because I invest it as it should be. And I get the earnings I expect.
The same does not happen with those who work more and, in the end, earn less. That is the money game that we should all learn. Because money and time are part of an inseparable formula.
Winning is the goal
Given the above, I will make a confession. If I were not an investor in the stock market, I would love to be a footballer. But not precisely because he is the best with the ball. But because of the way they can get to amass fortunes.
In fact, I think that the stock market and soccer are not so different. But I insist that when building wealth we must have something clear. And it is of no use that we have a fortune if we do not know how to handle it.
In fact, the way we handle the money we have will depend on how we handle what we earn in the future.
Now, let's go to our usual round of questions:
- If you want, don't tell me, but how many hours must you work to earn $ 100?
- Do you think that investing in the stock market would help you win as a “footballer”?
- If you already invest, do you get the earnings you expect?
- And if you win, how do you spend your money?
- If you don't have the money you want, how would you spend it?
I think these questions are key for you to plan your personal finance management strategy. If I can help you with something, I will be at your service.
