Tag: time
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Spending – From a Time Perspective
Recently I was reading Naked Economics, authored by Charles Wheelan. On page 202, the author shared the below quote that got me thinking how spending can be measured from a time perspective. “Making money takes time, so when we shop, we’re really spending time. The real cost of living isn’t measured in dollars and cents…
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How Significant is a 1% Difference in the Long Run?
Between one percent and ten percent gain, almost all of us will prefer a higher percentage gain in the shortest time possible. We are just tuned that way, always finding ways to cut corners. Just compare the following statements or headlines. Which one will entice your attention the most? a. Lose 10% body weight in…
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Compounding, Time and Patience
I’ve just completed reading Atomic Habits written by James Clear and planning to re-read again. This is by far the best self-improvements book I have read. To summarize, it’s about how habits are cultivated from the compounding effect of minuscule actions. I highly recommend this book as the system shared by the author can be…
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Want vs Need?
I need water to quench my thirst. It differs from I want a lemonade to quench my thirst. Nearly everyone wishes to be a millionaire. What does being a millionaire mean to you? Is it about having a million Ringgit to spend on the things you ever “want”? (Noticed I used the word “want” and…
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