Financial and Time Perspective

Money can be a confusing part of life. Sometimes its hard to tell what is worth spending money on, and sometimes people spend too much on unimportant things, and not enough on things that are really important.

It becomes easier to put these things into perspective when running your own business. When running your own business, you end up running out of time more often than you ever imagined, and pretty soon you end up having more access to money than time. There is really only one thing you can do, spend money to free up your time.

You most likely do this by outsourcing jobs or hiring employees. This can obviously get expensive, so before you do this, it makes sense to look at how you are spending time, and stop doing things that aren't worth your time.

This is exactly what I'm doing now. I'm trying to find ways to spend my time more wisely.

Not Megabucks

A couple weeks ago I won the door prize at my BNI group (Business Networking International) and it turned out to be a whole bunch of scratch tickets. I used to play the lottery from time to time, but I got bored with it, because I never won! Also, my mom plays the lottery a lot, and she never wins either, so I gave it up. This time was no different, out of 14 tickets, I won $8. Better than nothing, but not as good as they like to make you think you can win.

To me, the lottery is more of a tax on the mathematically challenged. However, people REALLY like to gamble. Here in Massachusetts, there is the Mass Lottery, dog racing at the Taunton Raynam park, and close by in Connecticut, Mohegan Sun and Foxwoods. Casinos bridge the gap between entertainment and gambling, but the truth is the house ALWAYS wins. If you win, you are cheating. Remember that.